![WTI oil may push higher](/storage/article/15912/preview/RcLa84bQi7y94EyO_2560x600_q70.jpg)
It looks like there’s a nice trade setup in WTI oil. The price rebounded from the 100-day MA in the 54.50 area last week.
In-depth technical & fundamental analysis for currencies & commodities
It looks like there’s a nice trade setup in WTI oil. The price rebounded from the 100-day MA in the 54.50 area last week.
NZD/USD ran into the resistance of the line connecting February highs.
With all this Brexit mess it’s very easy to forget about other currency pairs.
The main target is 1312.93. The subsequent pullback from this level could lead to another decline in the direction of...
The pair is likely going to test the nearest resistance at 147.80 - 148.56, which means we could have a new local high soon...
The shares of HP lost more than 10% in February. It was reasonable to expect that the first week of March would bring some relief.
USD/CAD was rejected down by the resistance in the 1.3460 area. The pair is now trading below the weekly pivot point at 1.3385.
There's a local 'Shooting Star' pattern, but the MA acted as support, so we've got a bullish 'Hammer', which hasn't been confirmed yet...
It's likely to have a local downward correction towards the previously tested support...
There's a bullish 'Harami', so there's an opportunity to have a local correction towards the upper 'Window'...
It's likely to have an upward price movement towards the previously tested resistance towards the 89 Moving Average...
The UK parliament will vote on the last version of Theresa May’s Brexit deal on Tuesday, March 12.
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