Oil prices rose today after previous declines amid tight supply and political tensions. Brent crude futures rose 1.6%, and WTI crude futures rose 1.5%.
Key tickers:
Brent: 104.29 — neutral.
WTI: 96.70 — strong sell.
NG: 7.826 — sell.
The U.S. dollar was down today …
Gold managed to breach the support level of 1700.00, ending the sideways path it was moving within. Therefore, the way becomes open to test the main support level 1680.00, provided it remains below 1700.00.
In general, we continue to suggest the bearish path due to the negative pressure of the …
The pound against the dollar is fluctuating around the resistance level 1.2000 in an attempt to return to the bullish path, which is confirmed by stability above the mentioned level.
Technical indicators support the bullish scenario, where the price is affected by the positivity of the stochastic indicator. Also, the …
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