Thursday, 3 March 2022

Crude Oil Price Rally to Persist as Long as RSI Holds in Overbought Zone

The bullish momentum underlying the price of oil looks poised to persist as long as the Relative Strength Index (RSI) holds in overbought territory.

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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...