Day: December 17, 2022

BRENT On H4, Brent quotes are under the 200-day Moving Average, which indicates a downtrend. The RSI has broken through the descending trendline. In this situation, further falling to the support level of 1/8 (78.12) is expected. The scenario can be cancelled by an upwards breakaway of the resistance level of 3/8 (84.38), which might […]

Nasdaq – Naughty or Nice? It’s been a pivotal week for financial markets. For many, the last full week of trading before the Christmas break. The three headline central bank meetings on deck this week certainly delivered the goods, Christmas come early for some, for others, a chance to reflect on missed opportunities. Looking at […]