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USOil (WTI) Outlook Confirms Persistent Downside Structural Conditions Ahead

USOil (WTI) Outlook Confirms Persistent Downside Structural Conditions Ahead

Market Analysis – November 28 USOil outlook confirms persistent downside structural conditions ahead. USOil continues to exhibit a firm downward bias as price remains positioned below the 9-day SMA near $59.00, reinforcing ongoing weakness across the curve. Momentum conditions remain muted, with the MACD holding beneath its equilibrium level and showing minimal improvement on the […]

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The EUR/JPY Is In a Tight Range above 180.00

The EUR/JPY Is In a Tight Range above 180.00

EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair has encountered resistance and is currently trading in a tight range above 180.00. The Yen corrected and began a sideways movement below the 182.00 level. For the past week, the Yen has remained […]

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Aluminum and Copper Tariffs: The Implications for U.S. Consumers

Platinum (XPT) Rebounds Spontaneously

Over the week, the Platinum market has seen a spontaneous trend shift. At this point, it seems the market may still advance toward the next psychological resistance just up ahead. Let’s take a closer look at the market. Key Price Levels Resistance: $1,700, $1,750, $1,800 Support: $1,650, $1,600, $1,550 Platinum Bulls Snap Back at Headwinds […]

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Japan 225 (NIKKEI 225) Makes a Moderate Comeback

The Japan 225 market has seen an impressive comeback over the week. In fact, the futures now trade above crucial technical levels. This gives upside forces an edge in the market and may open doors for subsequent price increases in the coming sessions. Key Levels Resistance: 50,000, 52,000, 54,000 Support: 48,000, 46,000, 44,000 Japan 225 […]

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GBPAUD Gets Weighed Down by Bearish Sentiments

The Australian economy awaits a significant amount of fundamentals at a time when the pound seems quite tranquil. However, the speculations surrounding the Aussie appear to be burdening the GBPAUD market, causing it to dip further. Key Levels Resistance: 2.0200, 2.0450, 2.0700 Support: 2.0100, 1.9800, 1.9700 GBPAUD Bears Breach a Strong Base While the GBPAUD […]

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