WTI crude oil futures have successfully climbed beyond the medium-term ascending trend line again and found strong resistance around the 20- and 40-day simple moving averages (SMAs). However, the RSI indicator is mirroring the latest decline of the commodity and is touching the neutral threshold of 50, while the MACD is holding slightly below its […]
The post WTI Futures Ttouch SMAs, Returning Above Uptrend Line appeared first on Action Forex.
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If you’ve watched oil prices race higher while filling up your car, you might have quietly hoped there was some grown‑up in Washington ready to lean against the chaos for you. Instead, you woke up Read more…