Crude Oil Price Extends Higher After Breaking Above Resistance
Increasing global demand and production curbs continue to provide support for Crude Oil as Brent trades to the highest level since July 2015.
Increasing global demand and production curbs continue to provide support for Crude Oil as Brent trades to the highest level since July 2015.
Australia’s benchmark ASX 200 stock index has been trapped in a very narrow band for much of this year. It is still with us, but time at the top is getting rarer.
The Euro is back on the defensive against the US Dollar as expected, with prices seemingly poised to probe below the 1.18 figure after a break of range support.
The rebound with the help of the Theresa May’s ‘Brexit’ speech has the footsie up against a level which held strong previously as support, but now presents a challenge moving forward.