Wednesday, 23 January 2019

Oil Risks Larger Recovery as Inverse Head-and-Shoulders Takes Shape

Ongoing efforts by the OPEC and its allies may spur a larger recovery in crude oil prices as an inverse head-and-shoulders formation takes shape.


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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...