By Devika Krishna Kumar and Florence Tan NEW YORK/SINGAPORE (Reuters) – South Korea has begun testing super-light U.S. oil sold by energy firm Anadarko Petroleum Corp (NYSE:APC) as a substitute for Iranian crude as it awaits word from Washington whether it can keep buying oil from the Middle Eastern nation, sources said. South Korea is […]
By Aaron Sheldrick TOKYO (Reuters) – Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories. Brent futures rose 36 cents, or 0.5 percent, to $69.73 a barrel by 0554 GMT, […]
Base: 1300There is no change in the gold pips today from the previous analysisAbove the ground we may see a rally to 1303, which breaks the pair to 1313Below the level of the base is likely to go to targets at 1280 and by breaking it will see a wave of decline to 1270/1265 levels
Base: 110.70The pair is still within the ascending trend we may find targets at 112.25 levels and with a breach of this level we will continue to rise to 113.50 levelsThe return below the base may see a limited negativity to the levels of 110.50, which break down we see more negative levels to 109.55
