Monday, 11 January 2021

Oil Forecast: Crude Price Rally Susceptible to RSI Sell Signal

The Relative Strength Index (RSI) may indicate a textbook sell signal for the price of oil if the oscillator slips below 70.

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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...