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16 Mar 2021

Crude Oil Futures: Look neutral/bearish near-term

CME Group’s flash prints for Crude Oil futures markets noted open interest rose for the fourth consecutive session on Monday, this time by just 568 contracts. Volume followed suit and went up by around 105.5K contracts after three pullbacks in a row.

WTI likely moved into a consolidative range

Prices of the WTI started the week on the defensive against the backdrop of rising open interest and volume. That said, while some consolidation is likely in the very near-term, a move lower should not be ruled out.

Mar 16, 2021

GBP/USD expected to trade within 1.3810-1.4020 – UOB

According to FX Strategists at UOB Group, Cable is forecast to remain side-lined for the time being. Key Quotes 24-hour view: “We expected GBP to ‘tra
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Mar 16, 2021

Gold Price Analysis: XAU/USD bulls eye 21-DMA amid falling Treasury yields, ahead of US data

Gold (XAU/USD) is posting small gains while advancing towards the $1740 level, as a cautious market mood underpins the traditional safe-haven. The sen
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