Monday, 1 March 2021

Oil Price Outlook Mired by RSI Sell Signal Ahead of OPEC JMMC Meeting

The Relative Strength Index (RSI) indicates a further decline in the price of oil as the oscillator slips below 70 to offer a textbook sell signal.

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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...