Wednesday, 21 April 2021

Oil Price Forecast: Move Below 50-Day SMA to Keep March Range Intact

The price of oil may continue to track the March range as crude struggles to hold above the 50-Day SMA ($61.54).

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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...