Oil prices edged lower today as investors suggest a global manufacturing downturn as major crude producers meet this week to determine the supply volumes. Brent crude futures dropped 0.2%, and WTI crude futures slid 0.1%.
Key tickers:
Brent: 99.90 — sell.
WTI: 94.13 — neutral.
NG: 8.124 — …
Gold was able to break the resistance level at 1772.00, continuing the current bullish path, which is likely to extend to the level of 1783.00 as a first target. The moving averages support the price to continue in the bullish scenario as it moves below it within an ascending order. …
The GBP/USD pair achieved the bullish target and reached the resistance level 1.2260 in an attempt to complete the bullish path, breach this level, settle above it, and then try to reach the next target at the value 1.2330.
We are currently witnessing a bearish correction to the downside due …
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