WTI oil futures (October delivery) have been losing ground since mid-August when the price failed to surpass the 97.70 mark. Moreover, apart from the price trading below its lower Bollinger band, the 50-day simple moving average (SMA) has dropped beneath the 200-day SMA completing a ‘death cross’, both reinforcing the thesis for a sustained bearish outlook. The […]
The post WTI Futures Retreat to 7-month Low as Negativity Persists appeared first on Action Forex.
Key Highlights Ethereum climbed higher toward $2,450 before the bears appeared. A bullish trend line is forming with support at $2,100 on the daily chart of ETH/USD. Bitcoin price seems to be facing hurdles near Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal The chirping birds, colorful blooms, and Read more…
Gold and Silver are not responding to Dollar—and that is a warning signal. Despite a weaker USD at the start of the week, both Gold and Silver have failed to attract meaningful buying interest, trading Read more…