Key Highlights WTI Crude Oil prices started a fresh decline below the $76.20 support. It dipped below a declining channel with support at $72.30 on the 4-hour chart. Gold prices extended the surge and broke the $2,825 resistance. EUR/USD is attempting to start a fresh increase above the 1.0300 pivot level. WTI Crude Oil Price […]
The post WTI Crude Oil Prices Drop: Can Bulls Defend Key Support? appeared first on Action Forex.
Daily Pivots: (S1) 191.89; (P) 192.53; (R1) 193.28; More… Intraday bias in GBP/JPY stays neutral at this point. On the downside, firm break of 189.31 will suggest that corrective pattern from 180.00 has completed. But Read more…
Daily Pivots: (S1) 159.36; (P) 160.04; (R1) 160.88; More… Intraday bias in EUR/JPY stays neutral at this point. Overall outlook is unchanged that consolidation pattern from 154.40 could still extend. On the downside, below 157.96 Read more…
Daily Pivots: (S1) 0.8298; (P) 0.8315; (R1) 0.8331; More… Further decline is expected in EUR/GBP with 0.8353 minor resistance intact. Corrective rebound from 0.8221 should have completed already. Fall from 0.8472 would target a retest Read more…