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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
1.15328
1.15328
1.15335
1.15440
1.15294
-0.00065
-0.06%
--
GBPUSD
Pound Sterling / US Dollar
1.33520
1.33520
1.33530
1.33630
1.33484
-0.00021
-0.02%
--
XAUUSD
Gold / US Dollar
4994.61
4994.61
4994.99
5015.71
4985.97
-11.54
-0.23%
--
WTI
Light Sweet Crude Oil
93.578
93.578
93.613
95.457
93.033
-1.416
-1.49%
--

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[Pippin Reaches All-Time High And Plunges 85%, Trader Faces Over $6 Million In Unrealized Losses] March 18Th, According To Lookintochain Monitoring, Pippin'S Price Plummeted 85% From Its Peak. An Address That Bought 8.16 Million Pippin Tokens For $180,000 Five Months Ago Is Still Holding Them. The Unrealized Gains Have Shrunk From Over $7 Million To Less Than $1 Million

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[Bithumb To List Fabric Protocol (Robo) Spot Trading] March 18, According To An Official Announcement, Bithumb Will List The Fabric Protocol (Robo) Krw Trading Pair

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Bofas Lifts China Res Mixc (01209.HK) Tp To $50, Optimistic On Retail Recovery & Property Mgmt Biz Improvement

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Japan - USA Summit To Announce Joint Statement Agreeing Up To 'More Than 11 Trillion Yen' As Second Investment Batch, NHK Reports

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Citi: China East Edu Results Confirm Recovery, Tp At Hkd7.8

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South Korea Envoy: We Are Still Considering Trump's Call For Naval Escort In Strait Of Hormuz

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South Korea Envoy: We Have Managed To Elude The Worst Case Scenario On Oil

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South Korea Envoy: Many Countries In The Middle East Are Seeking Missile Defence Systems From South Korea

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Woodside CEO Westcott: Browse Development Has Some Challenges That We Need To Work Our Way Through

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South Korea Presidential Envoy: United Arab Emirates Pledges To Give #1 Priority To South Korea For Crude Supply

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Toyota Official: To Meet Union Demand For Wage Hike In Full

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[Australian Air Force Base In UAE Attacked By Projectile] Australian Prime Minister Barnes Said On The 18th That The Country's Minhad Air Base In The UAE Was Attacked By An Iranian Projectile That Day, With No Casualties Reported. There Is No Indication That Iran Deliberately Targeted Australia. Barnes Told The Media, "The Projectile Hit A Road Leading To The Base, Causing A Small Fire And Minor Damage To A Dormitory Building And A Medical Facility."

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Former USA Representative Melissa Bean Wins Democratic Primary For Illinois' 8Th Congressional District, Ap News Projects

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UBS Has Moved Its Forecast For The Reserve Bank Of Australia's (RBA) Next Rate Hike Forward To May, From August. UBS Chief Economist George Tharenou Stated That Although This Week's Rate Hike Was Based On A 5-4 Vote, They Are Still Moving Forward Their Timing Forecast. Governor Bullock's Hawkish Comments After The Rate Decision Suggest That RBA Staff Are Expected To Recommend A Rate Hike At The Next Meeting In May. A Similar Divided Vote Is Likely At The Next Meeting

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Nikkei Jumps Nearly 2% As Ai, Chip Stocks Rally

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Malaysia February New Vehicle Sales Fell 18.5% On Month, Better Sales Likely In March

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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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ACT
FCST
PREV
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U.S. Weekly Redbook Index YoY

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U.S. API Weekly Gasoline Stocks

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Japan Reuters Tankan Non-Manufacturers Index (Mar)

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Euro Zone Core CPI Final MoM (Feb)

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U.S. MBA Mortgage Application Activity Index WoW

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South Africa Retail Sales YoY (Jan)

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Canada Overnight Target Rate

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BOC Monetary Policy Report
U.S. Factory Orders MoM (Excl. Defense) (Jan)

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U.S. Factory Orders MoM (Excl. Transport) (Jan)

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U.S. Factory Orders MoM (Jan)

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U.S. EIA Weekly Crude Oil Imports Changes

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U.S. EIA Weekly Heating Oil Stock Changes

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U.S. EIA Weekly Crude Demand Projected by Production

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U.S. EIA Weekly Gasoline Stocks Change

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BOC Press Conference
Russia PPI YoY (Feb)

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U.S. Target Federal Funds Rate Lower Limit (Overnight Reverse Repo Rate)

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U.S. Target Federal Funds Rate Upper Limit (Excess Reserves Ratio)

--

F: --

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FOMC Statement
Q&A with Experts
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    Kung Fu flag
    Ashok
    @Kung Fu yes my tp hits
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    Ashok
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    Type here...
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          Oil Surges Toward Mid-$60s as Iran Unrest and U.S. Tariff Threats Elevate Risk Premium

          Warren Takunda
          Summary:

          Oil prices surged into the mid‑$60s amid escalating unrest in Iran and U.S. tariff threats, lifting risk premiums and pushing Brent toward multi-week highs. Geopolitical concerns, rather than fundamental supply shortages, are driving the recent rally.

          BUY WTI
          Close Time
          CLOSED

          61.398

          Entry Price

          70.000

          TP

          57.500

          SL

          93.578 -1.416 -1.49%

          67.3

          Pips

          Profit

          57.500

          SL

          62.071

          Exit Price

          61.398

          Entry Price

          70.000

          TP

          Oil markets experienced a sharp rebound this week, with Brent crude approaching mid‑$60 levels as traders factored in heightened geopolitical risk and potential supply disruptions. The benchmark North Sea crude, which had lingered below $60 per barrel for several weeks amid ongoing oversupply concerns, surged amid reports of intensifying civil unrest in Iran and mounting pressure from U.S. tariffs on countries trading with Tehran. West Texas Intermediate similarly posted gains above $60, signaling a broader improvement in market sentiment fueled more by political tension than by immediate physical supply constraints.
          The primary catalyst for the recent rally is unrest in Iran, where protests have escalated amid worsening economic conditions and government crackdowns. Market participants have increasingly priced in the possibility that Iranian crude production, which represents roughly 3.3 to 3.5 million barrels per day, could be disrupted. Compounding these fears, President Trump announced a 25 percent tariff on goods from countries that continue to engage in trade with Iran, further clouding the outlook for Iranian exports. Traders have interpreted this move as an additional obstacle to Tehran’s already constrained crude flows, creating a risk premium for barrels potentially unable to reach international markets.
          While the tariffs and unrest have driven immediate concerns, underlying structural factors continue to influence the market. Venezuelan exports, previously curtailed by sanctions, have begun to trickle back into the global market, providing some relief against sharply higher prices. Meanwhile, OPEC+ has maintained a cautious approach to production increases, pausing quota hikes despite the price rally. This strategy has established a soft floor for Brent in the high-$50s and low-$60s, supporting the current market levels even as demand growth remains modest. Nonetheless, the underlying oversupply that persisted through late 2025 continues to impose a ceiling on any dramatic price surge.

          Technical AnalysisOil Surges Toward Mid-$60s as Iran Unrest and U.S. Tariff Threats Elevate Risk Premium_1

          Technically, Brent crude has recently broken above a long-standing downtrend channel, a development that suggests a shift in market structure from bearish consolidation toward a more bullish accumulation phase. Following this breakout, the market has seen a moderate pullback, which traders interpret as a healthy retracement rather than a reversal. As long as prices remain above the breakout zone, the expectation is that buyers will re-enter the market, potentially sustaining an upward trajectory in the short to medium term. The combination of a confirmed breakout and a controlled retracement indicates that the market is digesting gains before potentially pushing toward higher levels, reflecting both technical strength and sensitivity to geopolitical developments.
          From a trading perspective, the market currently favors long positions on retracements that are accompanied by bullish confirmation, such as renewed momentum above key short-term moving averages or sustained trading volumes. The immediate technical resistance lies near $63.74 per barrel, while the near-term upside could extend toward $70 if the geopolitical risk premium persists and Iran-related supply concerns intensify.

          TRADE RECOMMENDATION

          BUY WTI
          ENTRY PRICE: 61.45
          STOP LOSS: 57.50
          TAKE PROFIT: 70.00
          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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