WTI crude oil surged through a key resistance overnight and hit the highest level since 2014. The outage of Turkey’s Kirkuk-Ceyhan pipeline after an explosion was a factor causing concerns over supplies. In the background, there are also geopolitical issues surrounding Russia. With 85.92 resistance taken out, WTI crude oil is resuming up trend from […]
The post WTI oil hits 7-yr high, EUR/CAD downside breakout appeared first on Action Forex.
The past several years have completely upturned a legacy market. In this case, we’re not talking about technology (which is almost always being disrupted by the next latest, greatest invention), entertainment, or travel. Related: Iconic Read more…
U.S. equity futures powered higher in early Tuesday trading, as global markets looked to claw back some of the historic losses over the past week, even as investors braced for a trade war showdown between Read more…
Brent oil prices are volatile due to concerns about US tariffs, potential global recession, and OPEC+ supply decisions. Technical analysis suggests a possible recovery for Brent crude, with the RSI indicating a potential shift in Read more…