GBP/USD is trading at 1.3001, 0.05% down since previous day close. GBP/USD remains in the daily range of 1.3000 following the UK jobs data. According to UK data, the ILO Unemployment Rate did not cause any significant changes during the three months leading up to May, remaining stable at 4.4% as predicted. The GBP/USD pair appears to be technically overbought. There is a downward opening gap; the market may consolidate from here. the nearest resistance is 1.3041. The closest support is 1.2960.
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Near Day |
R3 | 1.3110 |
R2 | 1.3076 |
R1 | 1.3041 |
Turnaround | 1.3001 |
S1 | 1.2960 |
S2 | 1.2899 |
S3 | 1.2845 |
GER30 is trading at 18423, 0.12% down since previous day close. After three days of losses, European equities were predicted to remain stable at the opening on Thursday, as a steep rotation move out of high-flying Big Tech firms appeared set for a respite. The ECB, which was largely expected to leave rates unchanged at its policy meeting later in the day, is the next risk event. Today’s market is in a downward trend. The nearest resistance is at 18586, and the closest support is at 18335.
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Near Day |
R3 | 18939.00 |
R2 | 18756.00 |
R1 | 18586.00 |
Turnaround | 18423.00 |
S1 | 18335.00 |
S2 | 18219.00 |
S3 | 18023.00 |
WTI is trading at 83.16, 0.58% up since previous day close. WTI, unable to take advantage of the advance, consolidates in a narrow band close to the weekly peak and maintains above the mid-$81.00s. As of right now, the commodity is trading almost unchanged for the day, hovering around $81.65. Central banks will loosen policy faster, boosting the demand for commodities worldwide. a gap that opened up today. WTI is rising at the moment. If it breaks through the significant barrier of 83.80, it will rise to 84.68, with support at 80.43.
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Near Day |
R3 | 82.70 0.58 Gain bullish 84.68 |
R2 | 83.80 |
R1 | 83.14 |
Turnaround | 83.16 |
S1 | 80.43 |
S2 | 79.49 |
S3 | 78.81 |
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