Friday, 24 January 2020

Crude Oil Analysis: Crude Price (CL/USD) Seeks Support as Coronavirus Spreads

A very bad week for oil bulls with prices collapsing throughout the week. Technical support looks tentative, while the fundamental backdrop remains weak.

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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...