Oil prices rose for a second day as concerns about supply tightening increased. Brent crude futures rose 1.6%, and WTI crude futures rose 1.5%.
Key tickers:
Brent: 102.14 — strong buy.
WTI: 98.61 — strong buy.
NG: 8.686 — strong buy.
The dollar was down …
Gold confirmed breaking the resistance level 1718.00 and approached the next target with the closing of last week's trading, as it reached the level of 1739.18 last Friday. Then it formed a slight correction and is trading today around the support level 1725.00.
The moving averages support the price to …
The pound against the dollar continues to move sideways around the resistance level 1.1990, as it tried to close above this level last Friday. Today's trading opened with a bearish price gap below the mentioned level.
The moving average 50 supports the bullish scenario, as it forms a support level …
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