The eagle indicator is showing a negative signal, so we will continue selling until the price reaches significant support levels.
The eagle indicator is showing a negative signal, so we will continue selling until the price reaches significant support levels.
The outlook remains bullish for crude oil, so a pullback towards the 21 SMA around $88 per barrel could be expected and seen as a signal to continue buying with targets at $100. WTI could even reach the +1/8 Murray around $112 per barrel in the coming days.
Given that the Eagle indicator has reached oversold levels, gold is technically expected to continue rising in the coming days and could even reach the +1/8 Murray around $5,313 and finally reach the February high around $5,450.
The Eagle indicator is showing negative signals, so we expect Ethereum to continue falling in the coming days and could even reach the February 5 low around $1,715.
USDX retreated after a strong rally amid the Middle East crisis
US regulators join efforts to regulate the crypto sector
When will the Middle East conflict end?
USD/JPY: Tips for Beginner Traders on March 12 (U.S. Session)
GBP/USD: Tips for Beginner Traders on March 12 (U.S. Session)
EUR/USD: Tips for Beginner Traders on March 12 (U.S. Session)