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WTI Crude Oil DipsFurther from 200-day SMA

WTI Crude Oil DipsFurther from 200-day SMA
WTI crude oil futures have been underperforming over the last couple of weeks after the pullback off the 83.46 resistance and the 200-day simple moving average (SMA). The market recouped the bullish gap posted on April 3 and the selling interest continues, something confirmed by the technical oscillators. The MACD is easing beneath its trigger line, while the stochastic is diving […] The post WTI Crude Oil DipsFurther from 200-day SMA appeared first on Action Forex... Read More
Posted: Apr 27 2023, 07:23
Author Name: actionforex
Views: 110853

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