Monday, 8 October 2018

Crude Oil Weekly Technical Outlook– WTI Reverses from Multi-Year Highs

Crude is trading near multi-year highs with prices approaching key technical resistance levels early in the quarter. Here are the levels that matter on the WTI weekly chart.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...