WTI futures develop within a bullish channel since December Price retreats from a 6-month high but finds support at 50-day SMA Oscillators suggest intensifying positive momentum WTI oil futures (June delivery) have been in a constant uptrend since bottoming out at 69.97 in December, posting a fresh six-month peak of 86.90 on April 12. Despite experiencing a pullback from its highs, […]
The USDJPY pair is edging closer to 152.00 in Tuesday’s European session but remains within Monday’s price range, indicating a sideways movement. Traders are holding back as they wait for Federal Reserve (Fed) Chair Jerome Powell’s testimony before Congress at 15:00 GMT, hoping for insights into the Fed’s future policies. Investors want to know how […]
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