Dollar hits one-week high as Middle East tensions reignite

Daily Pivots: (S1) 190.26; (P) 191.19; (R1) 191.99; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, break of 187.84 minor support will turn bias…

The price of WTI crude oil is settling at $61.99 down $4.96 or 7.40%. The price of crude oil was it this week on the back of the tariff news and expectations of slower global growth, and ​the OPEC+ alliance, led by Saudi Arabia and Russia, that announced a larger-than-expected increase in oil production. Starting…

2024.06.07 2024.06.07 GBPUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.2668 with a target of 1.2910 – 1.3100. Alternative scenario: breakout and consolidation below the level of 1.2668 will allow the pair to continue declining to the levels of 1.2447…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! EURCAD technical analysis and short term forecast is here. We do our analysis on the MetaTrader4 platform (MT4). Some very interesting and useful tips and hacks about the MT4 platform could be found here. If…

Gold Enters Week 9 Source link

Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He…