News of the day, Wednesday, June 8
Oil prices increased about 1% yesterday, with WTI crude above at a 13-week high, as supply concerns worsen: no nuclear deal with Iran and low U.S. oil stocks.
U.S. stocks rallied yesterday with Apple Inc up 1.8%, despite the EU decision to change …
Gold continues to move around the support level of 1846.30, within the channel that appears on the chart, which forms the initial borders of the price movement.
The moving averages pressure the price to come back down as it is moving above it and forming a resistance level. The price …
The pound against the dollar is back to test the resistance level 1.2590 again after it bounced off the support level 1.2470 during yesterday's trading. We note that the resistance level is standing up to the price's attempts to test it and pressure the price to return to the decline. …
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