Tuesday, 9 April 2019

Oil Prices Remain Overbought Even as IMF Cuts Global Growth Forecast

Crude pulls back from a fresh 2019-high ($64.79) as the IMF cuts its growth forecast, but the bullish price action may persist as the RSI sits in overbought territory.


from DailyFX - Feeds all http://bit.ly/2VCsC4c
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...