WTI crude oil rises from 17-month low Momentum oscillators gain some ground WTI crude oil has finally climbed higher from the 17-month low of 65.70 after the aggressive selling interest from the 78.75 resistance. Over the last three weeks, the commodity has lost more than 16%, switching the outlook to strongly bearish. According to technical […]
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The Japanese yen is in positive territory today, putting the brakes on a four-day skid. In the European session, USD/JPY is trading at 155.54 down 0.45% on the day. Japan GDP climbs 0.9% Japan’s economy Read more…
Daily Pivots: (S1) 197.28; (P) 197.76; (R1) 198.45; More… GBP/JPY is still bounded in sideway trading below 199.79 and intraday bias stays neutral. Further rally is expected as long as 55 D EMA (now at Read more…
Daily Pivots: (S1) 163.91; (P) 164.44; (R1) 165.09; More…. No change in EUR/JPY’s outlook and intraday bias stays neutral. On the downside, sustained trading below 55 D EMA (now at 163.48) will argue that whole Read more…