Ethereum Exchange Supply Drops To 5-Year Lows, What This Means For PriceEthereum Exchange Supply Drops To 5-Year Lows, What This Means For Price
EURUSD trading range extends, can momentum thrive?EURUSD trading range extends, can momentum thrive?
Natural Gas 211123 Daily Chart
Natural gas remains under pressure as weather is expected to be warmer than normal at the beginning of December.

A move below the support at $2.80 – $2.85 will open the way to the test of the next support level, which is located in the $2.60 – $2.65 range.

WTI Oil 211123 Daily Chart
WTI oil is mostly flat as traders wait for catalysts after the strong rebound, which was driven by expectations of an additional production cut from OPEC+.

If WTI oil settles above the resistance at $76.50 – $77.50, it will head towards the next resistance level at $82.50 – $83.50.

Brent Oil

Brent Oil 211123 Daily Chart
Brent oil is also flat amid a lack of catalysts. Profit-taking may serve as an important catalyst today, although it remains to be seen whether bulls want to reduce their long positions ahead of the OPEC+ meeting.

A successful test of the resistance at $80.50 – $81.75 will push Brent oil towards the next resistance level at $87.00 – $88.00.

For a look at all of today’s economic events, check out our economic calendar.


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