Wednesday, 7 October 2020

Crude Oil Technical Outlook: Oil Price Struggling Below 50-DMA

Oil price action remains turbulent as the commodity swings wildly within a 10% trading range in a matter of days, but downward pressure might prevail as crude fails to eclipse its 50-day moving ave...

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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...