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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6716.08
6716.08
6716.08
6754.30
6710.81
+16.70
+ 0.25%
--
DJI
Dow Jones Industrial Average
46993.25
46993.25
46993.25
47428.12
46975.52
+46.85
+ 0.10%
--
IXIC
NASDAQ Composite Index
22479.52
22479.52
22479.52
22569.64
22409.07
+105.35
+ 0.47%
--
USDX
US Dollar Index
99.320
99.320
99.400
99.340
99.240
+0.040
+ 0.04%
--
EURUSD
Euro / US Dollar
1.15334
1.15334
1.15341
1.15440
1.15294
-0.00059
-0.05%
--
GBPUSD
Pound Sterling / US Dollar
1.33526
1.33526
1.33537
1.33630
1.33484
-0.00015
-0.01%
--
XAUUSD
Gold / US Dollar
4998.30
4998.30
4998.68
5015.71
4991.20
-7.85
-0.16%
--
WTI
Light Sweet Crude Oil
94.229
94.229
94.264
95.457
93.609
-0.765
-0.81%
--

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[Japanese Prime Minister: No Plans To Deploy Self-Defense Forces To The Strait Of Hormuz] On The 18th Local Time, Japanese Prime Minister Sanae Takaichi Stated At The House Of Councillors Budget Committee That There Are Currently No Plans To Deploy Self-Defense Forces To The Strait Of Hormuz. Since The US And Israel Launched Military Strikes Against Iran, Shipping In The Strait Of Hormuz Has Been Almost Completely Disrupted. US President Trump Recently Pressured NATO Members And Allies Such As South Korea And Japan To Send Warships To The Strait Of Hormuz For Escort Missions, But Few Have Responded

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Illinois Lieutenant Governor Juliana Stratton Wins State's Democratic Senate Primary - Nbc News Projects

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Saudi Ministry Of Foreign Affairs: The Saudi Deputy Foreign Minister Received The EU's Special Envoy For The Gulf Region

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[Iraqi Militia Claims 454 Attacks On US Units] On The Evening Of The 17th Local Time, The Iraqi Militia Group "Islamic Resistance Organization" Issued A Statement Claiming That It Had Launched 47 Attacks That Day Using Drones And Rockets Against US Units In And Around Iraq. Since February 28th, The Group Has Claimed To Have Launched 454 Attacks On US Units. On The Evening Of The 17th, The US Embassy In Baghdad's Green Zone Was Attacked Multiple Times. Following The Attacks, The Iraqi Shiite Militia Group "Kata'ib Hezbollah" Issued A Statement Demanding The Withdrawal Of All Foreign Troops From Iraq. In Addition, The Iraqi Armed Forces Issued A Statement That Evening Condemning The Attacks On The US Embassy In Iraq

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[Iran Launches Missile With Cluster Warhead At Tel Aviv, Israel] On March 18, Iranian Sources Reported That Iran Launched A Missile Carrying A Cluster Warhead At The Tel Aviv Region Of Israel In Retaliation For The Assassination Of Ali Larijani, Secretary Of Iran's Supreme National Security Council. Air Raid Sirens Sounded In Jerusalem And Several Other Parts Of Israel In The Early Hours Of March 18, And The Israel Defense Forces Reported Detecting The Iranian Missile Attack. Smoke Rose From Several Locations In Israel In The Early Hours Of March 18 Following The Iranian Missile Strike. Israeli Emergency Services Reported That The Missile Attack Resulted In Two Deaths And Damage To Several Buildings

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China Central Bank Injects 20.5 Billion Yuan Via 7-Day Reverse Repos At 1.40% Versus Prior 1.40%

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Source: Amd CEO Lisa Su To Visit Samsung Chip Plant In South Korea, Discuss Expanding Ties

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[A New Address Has Deposited 2 Million Usdc And Has Gone Long On Hype With 10X Leverage] March 18Th, According To Onchain Lens Monitoring, A Newly Created Wallet Deposited 2 Million Usdc Into Hyperliquid And Opened A 10X Leveraged Long Position In Hype, With A Liquidation Price Of $29.04

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China's Central Bank Sets Yuan Mid-Point At 6.8909 / Dlr Versus Last Close 6.8850

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Australia's Prime Minister Albanese: An Iranian Projectile Hit Near An Australian Airbase In The United Arab Emirates, No Personnel Injured

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[A Newly Created Address Withdrew 3.65 Million USD Worth Of Zec From Binance.] March 18Th, According To Onchain Lens Monitoring, 2 Hours Ago, A Newly Created Wallet Withdrew 14,360 Zec Worth $3.95 Million From Binance

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The Wall Street Journal Reports That Foreign Ministers From Arab And Muslim Countries Will Meet In Riyadh On Wednesday To Discuss Iran's Ongoing Attacks On The Region. Saudi Arabia Has Not Provided Further Information Regarding The Meeting

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Brent Crude Futures Fall $1.10 To $102.32/Bbl

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The South Korean Presidential Office Announced That President Lee Jae-myung Will Discuss Measures To Address Market Volatility

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Defence Ministry: Russian Forces Take Control Of Two More Ukrainian Villages

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Iran Targets Tel Aviv With Missiles Carrying Cluster Warheads In Retaliation For Killing Of Security Chief Ali Larijani - Iranian State TV

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Yield On 5-Year Japanese Government Bond Falls 2.5 Basis Points To 1.655%

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Philippine Agriculture Secretary: Has Received Assurance From China It Will Not Restrict Fertiliser Exports To Philippines

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[Grayscale Deposited 19,200 Eth 8 Hours Ago, Worth $44.6M] March 18, According To Onchain Lens Monitoring, Grayscale Staked 19,200 Eth 8 Hours Ago, Worth $44.6 Million

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[Coinbase To Add Edgex (Edgex) To Listing Roadmap] March 18, Coinbase Will Add Edgex (Edgex) To Its Listing Roadmap. The Launch Of Trading For The Related Asset Depends On Liquidity Support And Technical Infrastructure Readiness. Once The Conditions Are Met, The Trading Start Will Be Announced Separately

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FOMC Statement
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    K0E9NXLW71
    anyone willing to help me trade
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    lol how to start
    @K0E9NXLW71stay in this chatroom and you'll learn a lot. Don't go to any private conversations. Just stay here
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    anyone willing to help me trade
    @K0E9NXLW71That is why we are together on this chatroom, to help each other in Trading
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          Ascending Triangle Formation Nearing Breakout, Buying the Dips Recommended

          Eva Chen
          Summary:

          During Thursday's Asia and Europe sessions, WTI crude oil recovered from yesterday's losses, rallying to around $72.88. Fears of a potential supply disruption emerged as Houthi rebels criticized the UN resolution on Red Sea navigation, and an "unauthorized" armed group boarded a tanker in the Gulf of Oman on Thursday.

          BUY WTI
          Close Time
          CLOSED

          71.800

          Entry Price

          76.060

          TP

          69.900

          SL

          94.229 -0.765 -0.81%

          117.2

          Pips

          Profit

          69.900

          SL

          72.972

          Exit Price

          71.800

          Entry Price

          76.060

          TP

          Fundamentals

          The UN Security Council passed a resolution urging Houthi rebels in Yemen to immediately cease all attacks that obstruct global commerce, navigation rights, regional peace, and freedom. However, Mohammed Ali al-Houthi, head of Yemen's Houthi supreme revolutionary committee, expressed a divergent viewpoint on social media platform X on Thursday, dismissing the UN resolution on Red Sea navigation as "political games" and accusing the US of violating international law.
          In addition, a private intelligence firm-managed advisory group, along with the UK military, warned of an incident where an "unauthorized" armed group boarded a tanker in the Gulf of Oman on Thursday morning, covering surveillance cameras during the boarding.
          The incident occurred in the early morning in waters between Oman and Iran, a region frequented by vessels entering and exiting the Strait of Hormuz. This marks the latest vessel seizure event in the tense waterways of the Middle East, with specific details yet to be clarified.
          Immediate suspicions fell on Iran, as the vessel in question, formerly known as the "Suez Rajan," was involved in a year-long dispute and eventually seized by the US Department of Justice with one million barrels of Iranian crude oil.
          These two geopolitical events played a crucial role in driving intraday gains in crude oil prices. In yesterday's inventory data releases, the API report showed a decline in inventories, contributing to the partial recovery in WTI crude oil prices. However, the EIA report unexpectedly indicated an inventory increase, causing oil prices to exhibit a volatile pattern of initial gains followed by a subsequent decline in yesterday's trading. Earlier, attacks on Red Sea shipping routes led to reduced supply and altered transport routes, indicating restrained consumption.
          Additionally, the upcoming release of the US Consumer Price Index (CPI) for December may influence overall market sentiment and crude oil price movements. Weak inflation data could rekindle hopes for Fed easing policies, potentially unfavoring the US dollar and benefiting risk assets like commodities, as lower borrowing costs support business and consumer activities.
          Lastly, Chinese CPI and Producer Price Index (PPI) data could impact market sentiment in the Asian session on Friday, potentially intensifying crude oil volatility ahead of the weekend.
          Ascending Triangle Formation Nearing Breakout, Buying the Dips Recommended_1

          Technical Analysis

          WTI crude oil has been trending lower within a descending channel since late September and is currently trading near the bottom of its range. In the process of retracing towards support, the price is testing an intermediate area of interest, but the direction of technical indicators appears mixed.
          The 100 SMA seems to be crossing below the 200 SMA, indicating that the path of least resistance is to the downside, suggesting the potential for further downward movement. Persistent bearish pressure could lead to a drop in crude oil prices below $71.00. Additionally, crude oil is trading below both moving averages, implying that these moving averages may act as dynamic resistance in the event of a rebound.
          However, the stochastic oscillator indicates that the bearish momentum is in oversold territory or showing signs of exhaustion. Consequently, an upside move suggests that bulls are ready to take control. In this scenario, crude oil prices may continue to rebound toward the resistance zone around yesterday's high of $73.60. The Relative Strength Index (RSI) is also rising but has not reached the overbought territory, indicating a willingness of bulls to return.
          In the short to medium term, oil prices are currently in a neutral-to-slightly bullish trend, and a breakout from the triangular consolidation may trigger optimistic sentiment for an upward recovery. In terms of trading strategy, buying the dips is recommended.

          Trading Recommendations

          Trading Direction: Long
          Entry Price: 71.80
          Target Price: 76.07
          Stop Loss: 69.90
          Valid Until: 2024-01-25 23:55:00
          Support: 70.00, 69.70, 69.27, 68.79
          Resistance: 72.22, 72.93, 73.25, 74.27
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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