WTI Price Analysis: Bulls are engaged, eyes on upside break Oil WTI Commodities DollarIndex
Zooming in, we can see that the market has broken out of the bearish trend and is now riding a dynamic support line. retracement tool measured across the bullish impulse sees the 78.6% Fibo meeting the support kline and lows of the correction. Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
WTI Price Analysis: Oil juggles below $72.00 ahead Of Biden-McCarthy talksWest Texas Intermediate (WTI), futures on NYMEX, are displaying back-and-forth action below $72.00 in the Asian session. The oil price is expected to
Lire la suite »
AUD/USD Price Analysis: Aussie bulls brace for bumpy ride below 0.6685-90 key hurdleAUD/USD Price Analysis: Aussie bulls brace for bumpy ride below 0.6685-90 key hurdle AUDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Lire la suite »
AUD/USD Price Analysis: Bulls are moving in, forming RHS of inverse H&SAUD/USD was boosted on a dovish Federal Reserve Chairman Jerome Powell on Friday. There is a preference for a pause in June from the Chair of the cent
Lire la suite »
GBP/JPY Price Analysis: Prepares for a fresh downside below 171.40The GBP/JPY pair is displaying a topsy-turvy move in a narrow range above 171.40 in the early European session. The cross is expected to remain extrem
Lire la suite »
DOGE and SHIB Price Analysis for May 21Can DOGE and SHIB bounce back soon? kawaii_crypto JRossNicoll ummjackson coinok CryptoBaeTrader
Lire la suite »
USD Index Price Analysis: Next on the upside emerges the 200-day SMADXY appears to have met a decent resistance area around 103.60, or multi-week peaks, so far this month. In case bulls regain the upper hand, a convinc
Lire la suite »