Market Update:
International Energy Agency (IEA) Executive Director Fatih Birol told the Associated Press on Thursday that Europe's "jet fuel reserves may only last about six weeks," and warned that if the ongoing conflict with Iran disrupts oil supplies, Europe could see flight cancellations "very soon."
Technical Analysis:
Today's Buy/Sell Threshold:
1.3711
Support and Resistance Levels:
1.3756
1.3739
1.3728
1.3694
1.3684
1.3667
Trading Strategy:
A break above 1.3711 could be a buy signal, with a first target price of 1.3728.
A break below 1.3694 could be a sell signal, with a first target price of 1.3667.
International Energy Agency (IEA) Executive Director Fatih Birol told the Associated Press on Thursday that Europe's "jet fuel reserves may only last about six weeks," and warned that if the ongoing conflict with Iran disrupts oil supplies, Europe could see flight cancellations "very soon."
Technical Analysis:
Today's Buy/Sell Threshold:
1.3711
Support and Resistance Levels:
1.3756
1.3739
1.3728
1.3694
1.3684
1.3667
Trading Strategy:
A break above 1.3711 could be a buy signal, with a first target price of 1.3728.
A break below 1.3694 could be a sell signal, with a first target price of 1.3667.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.