Tuesday, 23 April 2019

Bullish Oil Price Behavior to Persist as RSI Sits in Overbought Area

Oil prices may continue to carve a series of higher highs and lows as the Relative Strength Index (RSI) pushes back into overbought territory.


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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...