WTI- A daily close above 42.30 bulls aim at 45.00

The oil price boosted yesterday’s trading with weekly gains and paused the 8-weeks sell off. We have been advising the bottom might be around 37.80 and 37.50 rounded to 37.00. The oil made low at […]

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WTI- The oil price consolidating in a tight range 39.90 and 38.75

 The oil price consolidating in a tight range 39.90 and 38.75. Earlier the oil made low at 37.75 which was parallel support level in the monthly. Earlier we analyzed and published the longer term view […]

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EURAUD- buyers sl 1.5830, bulls back on track above 1.6030

Australian private new capital expenditure in the second quarter qoq -4.0% -2.5% expected, -4.4% before correction from -4.7%. After the news hits the wires in Asia’s session the cross took the parallel support changed the […]

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USDCHF- ahead of the prelim GDP buying on dips favors the trend

The US durable goods data boosted the greenback against most majors. The headline durable goods orders rose 2% in July and 2.2% indicating Q2 GDP likely to upgrade today. The Fed keeps an eye on […]

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