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Yesterday the move higher in Oil prices saw the price of Brent crude for May delivery rose above $85.50 and pressed closer to the $86 handle. Well, despite the next technical resistance levels noted here as being above $87, Brent did not get past $86. It later dropped back from a session high at $85.66 and settled $1.39 higher on the NYMEX exchange, at $85.42. Today Brent has just now dropped to below $85. The reason for the fall could have something to do with the lack of traction in the equity space and perhaps a lack of any fresh detrimental news flowing from the MiddleEast. The low seen so far this morning has been set at $84.82, where it is trading right now
The Pound performed pretty well yesterday and continued to press higher from an earlier session low at 1.3203, seen just as the European markets...
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
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