WTi technical analysis: Eyes on 63.79 swing highs

WTI is above the 200-Experiential Moving Average and has eyes for the $60 psychological figure which correlates with trend line resistance. A break there opens 63.79 swing highs. On the flipside, bears can target back down to the 200 weekly EMA (last week's low) and the 61.8% Fibo around the 52 handle. Lower down, there are prospects for a correction to back towards the14th Jan 50.41 low and then the 26th November lows at 49.44.


 

PBOC sets Yuan reference rate at 6.8778

The People's Bank of China (PBOC) set the Yuan reference rate at 6.8778 vs Wednesday's fix of 6.8701.
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BOJ's Wakatabe: Stimulus will be maintained as long as needed

Bank of Japan (BOJ) will maintain the ultra-easy monetary policy as long as needed to achieve the 2% inflation target, board member Wakatabe said on T
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