Energy markets and oil price movements<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n European economic data and ECB commentary<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Corporate earnings wrap-up<\/strong><\/p>\n\n\n\n <\/p>\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Crude Oil WTI<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Oil hovers near one-month lows with supply drivers back in focus:<\/p>\n\n\n\n Oil prices held steady near one-month lows on Wednesday, after sliding in the previous two sessions, as markets weighed a potential ceasefire between Israel and Hezbollah and rising OPEC+ crude supplies against a possible drop in US fuel stocks and demand concerns.<\/p>\n\n\n\n Prices on Tuesday fell for a second straight session when an Axios reporter said on X that Israeli Prime Minister Benjamin Netanyahu would hold a meeting with several ministers, the heads of the military and intelligence community about talks on a diplomatic solution to the war in Lebanon.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n GBP\/USD<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Nasdaq100<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Gold hits record high as US election anxieties ignite safe-haven rush<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n European stocks slip lower, UK budget, earnings and growth data in focus<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Oil prices steady on shrinking US crude inventories<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Click here<\/a> to open account and start trading.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" As we approach Wednesday, 30 October 2024, markets are likely to experience heightened activity, driven by significant economic data releases, central bank announcements, and geopolitical events shaping investor sentiment. KEY INDICATORS Energy markets and oil price movements European economic data and ECB commentary Corporate earnings wrap-up MARKET MOVERS Crude Oil WTI Oil hovers near one-month Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-14562","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/14562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=14562"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/14562\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=14562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=14562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=14562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/10\/20241030-143426.jpg\")
<\/figure><\/div>\n\n\nMARKET MOVERS<\/strong><\/h1>\n\n\n\n
![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/10\/dma_20241030_1-1024x560.png\")
Short positions below 67.30 with targets at 66.73 & 66.12 in extension.
Alternative scenario<\/strong>
Above 68.08 look for further upside with 68.37 & 68.82 as targets.
The upward potential is likely to be limited by the resistance at 68.37.<\/strong><\/figcaption><\/figure>\n\n\n\n\n
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![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/10\/dma_20241030_2-1024x588.png\")
Long positions above 1.29969 with targets at 1.30097 & 1.30244 in extension.
Alternative scenario<\/strong>
Below 1.29590 look for further downside with 1.29417 & 1.29261 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.<\/strong><\/figcaption><\/figure>\n\n\n\n![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/10\/dma_20241030_3-1024x586.png\")
Long positions above 20617.25 with targets at 20704.25 & 20817.72 in extension.
Alternative scenario<\/strong>
Below 20454.61 look for further downside with 20343.03 & 20248.47 as targets.
The RSI is bullish and calls for further advance.<\/strong><\/figcaption><\/figure>\n\n\n\nTODAY\u2019S NEWS HEADLINES<\/strong><\/h1>\n\n\n\n
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