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Crude Oil Weekly/Monthly Outlook – Middle East Tensions Allow Buyers To Defend The $66 Area – What’s Next?

Hello Traders, As the oversupply fears for Crude Oil intensify and the prices trading lower within this year, yesterday’s tensions escalations in the Middle East with Iran’s retaliation created a spike in Oil prices. Notably, the $66 area managed to hold and causing a big reaction of more than 4% towards the $72 area. Today’s →Read more

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Trader

USD Pairs Technical Outlook Ahead Of US Jobs Data & NFP

Hello Traders, In this article we will provide the technical outlook for the USD and certain related forex pairs ahead of this week’s jobs data and NFP. The USD has been under pressure within the second half of 2024 mainly as markets pricing in interest rate cuts as well as the weakness in US labor →Read more

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Most Popular

Oil

Crude Oil Weekly/Monthly Outlook – Middle East Tensions Allow Buyers To Defend The $66 Area – What’s Next?

Hello Traders, As the oversupply fears for Crude Oil intensify and the prices trading lower within this year, yesterday’s tensions escalations in the Middle East with Iran’s retaliation created a spike in Oil prices. Notably, the $66 area managed to hold and causing a big reaction of more than 4% towards the $72 area. Today’s →Read more

Read More
Trader

USD Pairs Technical Outlook Ahead Of US Jobs Data & NFP

Hello Traders, In this article we will provide the technical outlook for the USD and certain related forex pairs ahead of this week’s jobs data and NFP. The USD has been under pressure within the second half of 2024 mainly as markets pricing in interest rate cuts as well as the weakness in US labor →Read more

Read More
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