Thursday, 29 November 2018

Oil Price Forecast: RSI on Cusp of Flashing Buy-Signal

Recent price action raises the risk for a larger rebound in crude oil, with the Relative Strength Index (RSI) on the cusp of flashing a textbook buy-signal.


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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...