Wednesday, 10 March 2021

Oil Price Susceptible to Large Pullback as RSI Divergence Persists

The price of oil may face a larger pullback as the RSI continues to diverge with price and still tracks the downward trend carried over from February.

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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...