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Earlier today an update noted how Brent crude for October delivery had repeatedly failed to make a move above $68 per barrel. Well, subsequent to that update, Brent crude has now risen above $68, peaking so far at just above $68.20. There has been no news based catalyst for the move and it could just be that system buyers have jumped in on the break above $68.00. The question as to whether it will extend further remains open. Brent crude for October delivery is just now trading at $68.15
Previous updates on Silver (XAG/USD) noted how it was stalling around the $70 and had rejected a sustained move above that level and towards an...
Owing to a planned absence next week there will be no updates from this analyst on Thursday and Friday, which is not ideal because that means will not...
Earlier this morning we noted how the DAX was set for a higher opening today and that is exactly how it played out. We also noted how the index was...
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