Abqaiq sits at the heart of the Saudi energy system, with most of the oil produced in the kingdom processed there. Saudi Arabia holds nearly 70% of the global spare capacity...
While the position netted a modest gain, we see further profit potential as limited. We now believe the Federal Reserve will be willing to cut rates more decisively than we expected when we adopted the trade in early June because its outlook for US growth has moderated...
Pivot (invalidation): 12449.00 Our preference Short positions below 12449.00 with targets at 12300.00 & 12210.00 in extension. Alternative scenario...
Setup 1HR chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Nice EURUSD trade today 60 pips up and going. These are the reasons that entered long. 1. Reached Fib Area - hit 61.8 several times...
USDJPY risk continues to point higher on further price strength. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109...