Oil prices climbed nearly 3% on OPEC+’s decision to delay plans to increase output by a month, while the market braced for a critical week in which Americans will elect a new president. Brent futures were up 2,8%.
The Oil-Dollar pair gained 1.1% in the last session after rising as much as 1.7% during the session. The Williams indicator indicates an overbought market.
Support: 68.966 | Resistance: 73.286
Wall Street’s major indexes ended higher, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in U.S. job growth in October. Amazon.com rose 6.2% after it reported earnings that revealed strong retail sales, boosting profit above Wall Street estimates.
Security incidents like exit scams, flash loan attacks and exploits pushed crypto losses to $129.6 million in October. Exploits accounted for the most losses, with $127 million lost. The biggest incident in October involves the Radiant Capital, a lending protocol that lost over $50 million last month.
The Silver fell 0.5% against the Dollar in the last trading session. The ROC is giving a positive signal.
XAG/USD dropped 0.5% in the last session.
The ROC is giving a positive signal.
Support: 31.301 | Resistance: 33.75
Gold retreated as prices consolidated after hitting a record high, while safe-haven demand ahead of the U.S. presidential election helped the precious metal log its fourth straight monthly gain.
After a 1.9% dip during the last session, the Gold-Dollar pair closed with a 1.3% drop. According to the Stochastic-RSI, we are in an oversold market.
Support: 2665.2 | Resistance: 2840.7
The dollar fell against the yen, after the Bank of Japan’s less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut interest rates by 25 basis points next week.
The Dollar-Yen pair dropped 0.7% in the last session. The Ultimate Oscillator is giving a negative signal.
Support: 149.6 | Resistance: 154.85
