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WTI crude oil reversed from the multi-year support level 66.70 Likely to rise to resistance level 70.00 WTI crude oil recently reversed up from the powerful multi-year support level 66.70 (which has been repeatedly reversing WTI from the end of 2021, as seen from the weekly WTI chart below). The support level 66.70 was strengthened […]

The post WTI Crude Wave Analysis appeared first on Action Forex.

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29/08/2024

Aussie Rises to 8-Month High, Retail Sales Next

The Australian dollar has posted considerable gains on Thursday. AUD/USD is trading at 0.6816 in the European session, up 0.47% on the day at the time of writing. The US dollar continues to struggle against the major currencies and the Aussie has taken full advantage with an impressive 4.1% gain in August. Australian retail sales […]
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USDCAD Wave Analysis

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