Commodities market
Oil prices rose today, extending the previous session’s $5 gains. Brent crude futures rose 5.1% yesterday and continue today with 0.3%. WTI crude futures rose 0.33% today.
Key tickers:
Brent: 106.30 — strong buy.
WTI: 99.50 — strong buy.
NG: 7.458 — strong buy.
Foreign exchange market
The …
Gold was unable to break the support level 1700, as it tested this level with the closing of last week's trading, and rebounded from it to the upside in a correction of the descending path to the moving average level 20, which formed the first resistance areas for the price. …
The GBP/USD pair achieved its target and reached the resistance level at the average 50 as an upward correction move, and therefore we are likely to see the price return to the downside, as the 50 EMA is in the form of price resistance near the upper line of the …
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