WTI oil futures driven by bears Will the 2020 bar block the way down? WTI oil futures reversed their post-CPI increase above the 200-day SMA, dropping immediately after reaching a high of 79.77 on Tuesday. The RSI and the MACD have resumed their negative slope in the bearish area, signaling more depressing sessions ahead. But the […]
The post WTI Oil Turns Down, But 2020 Trendline Feeds Hopes appeared first on Action Forex.
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The market narrative has flipped again—and this time the reversal is dramatic. Just days after investors were positioning for a dangerous escalation in the Strait of Hormuz, traders are suddenly rushing back into risk assets Read more…
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