Friday, 3 May 2019

Oil Price Outlook: Crude Decline Testing Critical Trend Support

Crude Oil prices plummeted more than 8% with the decline responding to trend support today. Here are the targets and invalidation levels that matter on the WTI charts.


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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...