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WTI Futures Lose Ground Below Short-Term SMAs
WTI crude oil futures are easing beneath the 20- and 50-day simple moving averages (SMAs), which are acting as a mid-level of the medium-term consolidation area of 72.70-82.65. The RSI is moving slightly lower below the neutral threshold of 50, while the MACD is losing momentum near its trigger and zero lines. The market seems […] The post WTI Futures Lose Ground Below Short-Term SMAs appeared first on Action Forex...
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Posted: Mar 9 2023, 10:02
Author Name: actionforex
Views: 110765