Tuesday, 16 July 2019

Crude Oil Price Drop Breaks Key Support, Hints at Trend Reversal

Crude oil prices broke support guiding them higher since mid-June, hinting that a bearish trend reversal is in progress. EIA inventories data may add to selling pressure.


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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...