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We expect UB to trend downwards for the next 2 hours.

We expect UB to trend downwards for the next 2 hours. Based on these past United States Retail Sales MoM news events there is a 66.67% chance of this. We expect this to happen because the released value is < 0.8%. A price movement of 45 pips is expected. Historical events that allowed us to draw this conclusion

17 Aug 12:30
15 Jun 12:30
16 Mar 12:30
15 Jan 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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After testing support twice in the past, Light Sweet Crude Oil JANUARY 2022 has finally broken through. Can we expect a bearish trend to follow?

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UK100 has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 22 hours.

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