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Brent Crude Slides on Peace Talk Optimism and Demand Concerns
By RoboForex Analytical Department Brent crude oil fell to 60.00 USD per barrel on Tuesday, marking its lowest price since early 2021. The sell-off was driven by two primary factors: renewed speculation about progress in Russia-Ukraine peace talks and mounting fears of a global supply glut. The prospect of a peace agreement has raised the…
Forex: What is Actually Happening in the Strait of Hormuz? – Orbex Forex Trading Blog
Forex: What is Actually Happening in the Strait of Hormuz? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
World central banks continue to cut interest rates. US stock indices break records again
The Dow Jones Index (US30) closed Thursday at the opening price. The S&P 500 Index (US500) gained 0.74%. The NASDAQ Technology Index (US100) closed positive 1.54%. Meanwhile, the S&P 500 and NASDAQ indices hit new all-time highs. Stocks are rising amid speculation that President-elect Trump will boost corporate profits by cutting taxes and reducing regulation….
WTI: Falling Production and Deadlock in Negotiations
Fundamental Background As a result of the military conflict between the United States and Iran, the combined volume of halted oil production in Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain reached 10.5 million barrels per day in April, triggering record declines in global oil inventories. The U.S. Energy Information Administration forecasts a drop…
Chart Art: WTI Crude Oil (USOIL) Reversal Pattern Neckline Test
WTI crude oil could be getting exhausted from its climb, as the energy commodity formed a double top on its hourly chart. Can it break below the neckline soon? WTI Crude Oil 1-hour Forex Chart by TradingView An improving global trade outlook on the heels of agreements between the U.S. and the U.K. plus a…
MMPRO Dottor Market MT4 Indicator – ForexMT4Indicators.com
The MMPRO Dottor Market MT4 Indicator is designed to simplify trading by highlighting the most important price levels and potential trend shifts. Instead of analyzing multiple charts and timeframes, traders can use this tool to quickly spot high-probability setups. Its user-friendly display makes it suitable for beginners while still offering advanced insights for experienced traders….
