Thursday, 4 April 2019

Oil Forecast Clouded by Overbought Signal, Jump in Crude Inventories

Current market conditions may keep crude oil prices afloat as the Relative Strength Index (RSI) sits in overbought territory for the first time in 2019.


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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...