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The oil-dollar pair experienced a significant decline of 1.8% in the last session. The Rate of Change (ROC) indicator is giving a negative signal, suggesting potential downward pressure on the pair. The Aussie dollar pair traded sideways in the last session. Contrary to the oil-dollar pair, the Moving Average Convergence Divergence (MACD) indicator is ...
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Natural gas has formed higher lows connected by a rising trend line that’s been holding since the start of the month. Price is in correction mode and might be in for a test of this support. Buyers already seem to be defending the 50% Fib level at the $2.100 major psychological mark and could take the commodity price back up to the swing high at $2.193 or ...