Thursday, 10 March 2022

Crude Oil Price Pullback Triggers RSI Sell Signal

Recent developments in the Relative Strength Index (RSI) point to a larger pullback in the price of oil as it falls below 70 to indicate 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...