WTI crude oil rebounds off 17-month low Technical oscillators are mixed WTI crude oil prices have been creating a notable bullish correction after the significant bounce off the 17-month low of 65.70. Technically, the MACD oscillator is gaining some ground above its trigger line; however, the stochastic posted a bearish crossover within its %K and […]
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GBPJPY gains ground after upbeat UK CPI data Technical signals endorse bullish efforts Buyers need confirmation above 197.35 GBPJPY advanced to an intra-day high of 197.77 after hotter-than-expected UK CPI inflation data gave traders confidence that the Read more…
Daily Pivots: (S1) 1.0545; (P) 1.0574; (R1) 1.0625; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0495. Outlook will stay bearish as long as 1.0760 support turned resistance holds. Read more…
Daily Pivots: (S1) 153.70; (P) 154.25; (R1) 155.21; More… USD/JPY rebounded after dipping to 153.27 and the break of 155.35 minor resistance suggests that pull back from 156.74 has completed. Intraday bias is back on Read more…