WTI broke daily Triangle Likely to rise to resistance level 70.90 WTI crude oil today broke the resistance trendline of the daily Triangle from the end of October, inside which the price has been moving from October. The breakout of this Triangle continues the active short-term impulse wave (iii) of the higher order impulse wave […]
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Japan’s industrial production declined -2.3% mom in November, outperforming expectations of a -3.4% mom drop, but marking the first contraction in three months. The decrease was driven by weaker exports of semiconductor manufacturing devices and Read more…
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Key Highlights USD/JPY started a fresh increase above the 156.00 resistance zone. A major bullish trend line is forming with support at 156.80 on the 4-hour chart. EUR/USD is still consolidating below the 1.0450 resistance Read more…