Explore quick thoughts, reactions, and opinions from traders as the market moves. Short, conversational posts that help you gauge sentiment and see what's on traders' minds right now.
XBRUSD 🛢 Brent broke through the upper boundary of the descending channel, retested it, and broke out of the cloud; the Tenkan line crossed the Kijun line.
🔼 A rise in XBRUSD above the 95.70 level will open the way upward;
🎯 Target: 99.50.
BRENT market finally started to realize the situation, huh?
Dated Brent Gap, Ukraine blowing up Russia's oil, US military build up intensifying close to the ceasefire's end, the blockade preventing the Iranian oil that was supposed to help keep prices down from going out.
buckle up it's gonna be a roller coaster 😩
XBRUSD 🛢 Brent has once again bounced off the downtrend line and the 50-day moving average, and the %R has moved out of the overbought zone. There is a gap below.
🔽 We are considering selling XBRUSD if the price falls below 90.60;
🎯 Target 1: 89.00;
🎯 Target 2: 88.00.
BRENT "Israel shall preserve its right to take all necessary measures in self-defense, at any time, against planned, imminent, or ongoing attacks. This shall not be impeded by the cessation of hostilities. Besides this, it will not carry out any offensive military operations against Lebanese targets, including civilian, military, and other state targets, in the territory of Lebanon by land,
air, and sea."