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Fundamental Analysis WTI crude oil prices have started to recover, trading at $68.90 amidst rising tensions ahead of the key OPEC+ meeting on Thursday. A critical article by a senior Iranian official has highlighted that the group’s production cut policies have kept prices elevated for too long, incentivizing cheaper oil production outside the cartel, particularly […]

The post WTI Near Key Levels: Trading Setups Ahead of OPEC+ Meeting appeared first on Action Forex.

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WTI Oil – Look for Direction Signal on Breach of $68.00 or $70 Triggers

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30/07/2024

CADJPY: Trade of the Week

The Canadian Dollar (CAD) weakened on Monday as it lagged behind the strengthening US Dollar ahead of the Federal Reserve’s rate decision. This week, the CAD is underrepresented on the economic calendar, making it susceptible to broader market movements and central bank appearances. Key data to watch includes Wednesday’s Canadian GDP for May, anticipated to […]
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