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Crude Oil Price Nosedives, Fed Hiked Rates Again

Crude Oil Price Nosedives, Fed Hiked Rates Again
Key Highlights Crude oil prices started a fresh decline below the $75 support. A major bearish trend line is forming with resistance near $74.00 on the 4-hour chart. EUR/USD and GBP/USD remained in a positive zone. The Fed increased interest rates from 5% to 5.25%. Crude Oil Price Technical Analysis Crude oil prices struggled to […] The post Crude Oil Price Nosedives, Fed Hiked Rates Again appeared first on Action Forex... Read More
Posted: May 4 2023, 03:05
Author Name: actionforex
Views: 102617

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