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- Near-term structure weakens after a double failure at 1.1500 barrier
- Double failure at parity raises risk of recovery stall
- OPEC+ cuts production by 2 million bpd, faces strong criticism from the West
- EU business activity slows further in September
- Crude oil holds bullish stance ahead of OPEC+ decision
- Bulls face headwinds at 1.15 zone, looking for fresh signals
- Recovery accelerates through key barriers on improved risk sentiment
- Pullback from new 20-year high likely to stall as overall picture is firmly bullish
- Australia’s central bank surprises by 0.25% rate hike as markets expected 50 basis points raise
- Gold edges higher but gains likely to be limited