Crude Oil Update: ๐ข๏ธ
WTI rebounds to $69.90 as 2025 US inventory drawdowns loom.
๐ธ Key levels: Resistance $70.88 | Support $67.12.
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BoE Update: ๐จ
๐ธ Rates likely held at 4.75%.
๐ธ #MPC votes & #Baileyโs comments key for #GBP moves.
๐ธ GBP/USD at 1.2560โwatch for a breakout!
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Crude Oil (XTIUSD) Update:
Trend: Sideways to Bullish
Key Levels:
๐ผ Resistance: $71.75 | $72.50
๐ฝ Support: $70.60 | $69.78 (200 EMA)
Crude holds above $70.60 support but hesitates near $71.75 resistance. Watch for a breakout or retest of the 200 EMA!
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๐ฏ #Gold Update (#XAUUSD):
๐ Full target hit! +100 pips profit achieved from 2636 to 2646.
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๐ As analyzed, it retested its levels, broke the previous day's high, and is sustaining at upper levels. Momentum could continue, aiming for 101,000 from CMP.
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#DE40 Alert: ๐ Broke below a parallel channel; retest pending. Watch for downside from CMP or bullish rally on reclaiming all-time high.
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#EURUSD Update: ๐ Dropping below 1.0500 as #ECB signals more rate cuts. Bearish momentum confirmed below 1.0545 (20-#EMA) with support at 1.0330.
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