Subscribe To

Price Alert Latest News Economic Calendar News

WTI Crude Oil Technical Analysis - The bearish signs keep on accumulating

Global growth seems to be more and more in peril as the economic data for many advanced countries is starting to roll over and some even continues to slip further contraction. The Chinese authorities don’t look intentioned to flood the economy with more stimulus as the PBoC underdelivered on the rate cuts front recently. The global PMIs continue to contract and recently even the services sector slipped into contractionary territory for many major economies. The central banks are resolute to keep... Read More

Demo Live Account See Partner Details

Content Topics

Crude

Technical

Analysis

Bearish

Signs

Keep

Accumulating

Forex

Posted: Aug 30 2023, 07:28

Author Name: forexlive

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.