menu search

WTI Futures Remain Flat Within Bearish Channel

WTI Futures Remain Flat Within Bearish Channel
WTI oil futures (August delivery) have been moving within their downward sloping channel for the last 10 months, creating a structure of lower highs. In the near term, the price has been directionless, slightly below the 70.00 region following a moderate pullback from the 50-day simple moving average (SMA). The momentum indicators currently suggest that bearish […] The post WTI Futures Remain Flat Within Bearish Channel appeared first on Action Forex... Read More
Posted: Jun 29 2023, 08:55
Author Name: actionforex
Views: 081075

Search within

Pages Search Results: