DAILY FOREX ...from Sally-vt

16 Jul 2020, 09:10 · Views 436

DAILY FOREX

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Sally-vt

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Stocks Rise Despite Retail Sales Coming Up Short Stocks are rising Wednesday, with the Nasdaq looking for a third session of gains, despite August retail sales rising 0.6%, less than expected.. #forextrading #forextrader #forex #forexstrategy #forexmoney #forexmarket #forexlifestyle #forexsignals

Sally-vt

Tech Sees Recovery But Stocks Set to Slide for Week U.S. stocks rose slightly on Friday as tech shares recovered some of their losses for the month. However, Wall Street is still headed for its fourth consecutive week of losses. #forextrader #forexsignals #forex #forexstrategy #forexmarket #forextrading #forexlifestyle #forextrading #forexmoney #forexlifestyle #signal

Sally-vt

WTI crude oil futures (October) plummeted 7.6% to $36.76 a barrel on Tuesday, the lowest level since June, amid demand worries. #forextrading #forextrader #forex #forexstrategy #forexmoney #forexmarket #forexlifestyle #forexsignals

Sally-vt

The total number of oils rigs operating in the U.S. on August 7 fell to a 15-year low at 176 from 180 a week ago according to Baker Hughes Also, the net long position of WTI crude oil rose 2.0% on week to 353,730 contracts as of August 4, reported the Commodities Futures Trading Commission Crude oil prices are reversing up From a chartist point of view, prices validated a Falling Wedge: a bullish continuation pattern calling for further advance In addition, the 20 and 50-period moving averages crossed upward The RSI is bullish above its signal line A continuation of the rebound towards 42.15 and 42.65 is expected Alternatively, below 41.5, look for a return on 41.05 #forextrading #forextrader #forex #forexstrategy #forexmoney #forexmarket #forexlifestyle #forexsignals

Sally-vt

Saudi Arabia cut the September oil prices to Asia and Europe for the first time in four months But left prices for U.S. buyers unchanged keeping exportation toward this region near historical low level At the same time, Bloomberg reported Crude imports into China dropped in July to 51.29 million tons from 53.18 million in June Later on Friday, Baker Hughes will report the oil rig counts for the U.S. and Canada Crude oil prices remains under pressure Let's have a look at the intraday picture From a chartist point of view, prices are drawing a consolidation within a declining channel With current upper boundary at 42.15 acting as a key resistance

Sally-vt