WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
Oil currently facing an important support at 48$, breaking it down would form a head &
As we expected prices pulled back to 1259$ and bounced from it higher to 1265$, we expect
Currently the pair is moving inside an ascending channel near to the upper line at 0.7100, and it
The pair still moving in the sideways channel that tends to rise, during yesterday trading it
Prices are moving in a sideways channel, and currently trading near to support level at 1.3430
The pair has risen with the beginning of trading day but it couldn't to exceed the resistance
The pair failed during yesterday trading to penetrate resistance level at 1.2845, so it pulled back
Currently prices approaching resistance level at 1.12, we expect that EURUSD rebounds from it
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