Thursday, 11 October 2018

Oil Price Weakness to Persist as Bullish Formations Snap

Recent developments surrounding oil keeps the downside targets on the radar as both price and the Relative Strength Index (RSI) snap the bullish formations from August.

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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...