How high can crude oil go? (After US-Iran War)
In this video, I analyze how high WTI crude oil could go following the US–Iran war using chart analysis.
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In this video, I analyze how high WTI crude oil could go following the US–Iran war using chart analysis.
Source link
USD/JPY jumped to 148.64 last week but retreated deeply since then. Initial bias remains neutral this week first. Fall from 158.86 might have completed at 139.87 already. Further rise is in favor as long as 144.02 support holds. Above 148.64 will target 61.8% retracement of 158.86 to 139.87 at 151.60 next. However, firm break of…
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WTI oil extended pullback from new multi-month high ($66.46) in early Tuesday’s trading, following gap-lower opening at the start of the week and over 4% drop on Monday which marks the biggest daily loss since Nov 11. Signals of de-escalation in US-Iran tensions eased supply fears and prompted strong selling, along with firmer dollar. Although…
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