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Covid’s back again?

News of the day, Monday, March 14

Oil prices have decreased about $4 today, continuing the last week’s decline following the diplomatic efforts to end the war in Ukraine. Brent crude futures decreased 3.4%, and WTI crude futures is down by 3.5%. Russian-Ukrainian negotiators have arranged one more meeting on …

Gold analysis

Gold continues to move within the ascending channel that appears in the chart, after it failed to breach the support 1955.00 at the end of last week, to stabilize trading within a sideway sub-path between the support level 1955.00 and the resistance 1995.00.

The price is currently moving around the …

GBP/USD currency pair analysis

The GBP/USD pair continues its downward movement within the channel shown in the chart, after it breached the support level 1.3090 and settled below it. Therefore, the opportunity is available to complete the descending path and reach the lower limit of the channel, which is the next target for the …

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