EUR/USD
1.17509
-0.013%
Gold
4285.21
-0.465%
Oil
56.293
-0.377%
USD/JPY
154.711
-0.318%
GBP/USD
1.33662
-0.079%
GBP/JPY
206.796
-0.387%
Real-time News
According to the Financial Times, the Finnish Prime Minister warned that Russia would redeploy troops to NATOs eastern flank if a peace agreement is reached in Ukraine. He urged Europe to invest more in the defense of frontline countries.According to the Financial Times, Greg Gut, head of Shells M&A team, has resigned after the CEO rejected a takeover bid for BP.December 16th, Futures News: Economies.com analysts latest view: Spot gold has risen slightly in recent intraday trading, gaining initial bullish momentum thanks to the solid support level of $4300, further strengthened by its price action above the 50-day EMA. In the short term, the main bullish trend dominates, and spot gold is trading along the support line of this trend, further solidifying its upward momentum.December 16th, Futures News: Economies.com analysts latest view: WTI crude oil futures have continued to decline in recent intraday trading, reaching the key support level of $56.40, which was the potential target mentioned in our previous analysis. Currently, this support level is under threat of being broken, mainly because the price continues to be pressured below the 50-day moving average, and the dominant trend remains downward. Furthermore, the price is moving along the secondary support trendline of this trend, with negative pressure continuing to dominate the market.December 16th, Futures News: Economies.com analysts latest view: Brent crude oil futures prices continued to decline during the trading session, constrained by prices remaining below the 50-day EMA, with negative pressure persisting and further solidifying the dominance of the steep secondary downward wave in the short term. The current price is approaching the key support level of $60.00, which was also a potential target mentioned in our previous analysis. Although the Relative Strength Index (RSI) shows oversold signals, negative signals remain, further increasing the likelihood of a break below this support level.
