Thursday, 4 June 2020

Crude Oil Rally Hindered by Gap Resistance, OPEC+ Meeting in Limbo

The V-shaped crude oil recovery has petered out this week as traders wait to hear if today’s mooted OPEC+ meeting will go ahead. Technical resistance is also crimping further upside movement.

from DailyFX - Market News https://ift.tt/3dxcObN
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...