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Crude Oil futures would form a bullish double bottom pattern if it can close above 79.96 on its continuation chart. Its minimum upside target would be around 83.30. Further supporting this upside move is that this potential pattern is forming in a volume profile support zone, near its 200 EMA, and near its monthly S2 pivot. Additionally, there is bullish ...
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Russian President Vladimir Putin's visit to Beijing this week highlights the strength of Russian-Chinese relations, based around a shared suspicion of the West, as well as booming Chinese imports of Russian oil and gas. Although their friendship appears unbreakable, tensions are bubbling below the surface that could impact the alliance in the coming months. ...