WTI oil futures continue to flatline near a critical support area Bullish trend reversal is a long way above 77.80 WTI oil futures kept their footing above the 67.00-68.00 support region for the third time since the current sideways trajectory began in September. This base has been a strong source of buying in 2021 and 2023 too. […]
Jul 10, 2024
USDJPY Reapproaches Multi-Year Highs
USDJPY edges higher after the pullback from 38-year high pauses The risk of a Japanese intervention is active at current levels Momentum indicators provide overbought signals USDJPY experienced a minor setback from its 38-year high of 161.95, which quickly came to a halt at the April peak of 160.20. The pair is on track to revisit […]
The post USDJPY Reapproaches Multi-Year Highs appeared first on Action Forex.
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