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WTI drops over 0.5% as dollar rises in risk-off trade
WTI loses ground as decline in stock futures lifts US dollar.
OPEC+ decided to raise output by 2 million barrels per day last week.
US stimulus talks may lead to risk reset and put a floor under oil.
West Texas Intermediate (WTI) crude, a North American benchmark for oil, is flashing red on Mond
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US30 16/07/2020 UTC MID-DAY ANALYSIS
#US30#
Expecting to see a breakout any moment now from the 26745.21 resistance level and then we should see price push up to 26791 and 26900 for another resistance. Keep your positions and be careful. You can join my forex group on telegram t.me/imtlfxhub to follow my analysis and also s
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EUR/USD Outlook (14 July 2020)
#EUR/USD#
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the resistance zone of 1.37000. French banks will be closed today in observance of National Day. Expect lower trading volume and volatility during the European market session. EUR/USD’s next support zone i
