WTI bears taking on ...from kkekenkeny

WTI bears taking on fresh territories, worst levels since Jan 2019Feb 27, 2020 12:56 AMWTI breaks down the Feb lows and bears have eyes on 2018 Dec support structure.Coronavirus is playing havoc on global demand sentiment, EIA data temp' relief only. Bulls seek OPEC+ to intervein and support oil prices. The price of oil is declining in the US session, with West Texas Intermediate crude now printing session lows of $48.33 from a high of $50.43, -2.61% at the time of writing. The move fo

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Forex Today: Coronavirus uncertainty keeps leading the wayFeb 27, 2020 1:09 AMHere is what you need to know on Thursday, February 27th:Fears eased by uncertainty and caution prevailed. Major pairs remain mostly confined to familiar levels, as speculative interest is still trying to asset the effects of coronavirus on economic growth.The macroeconomic calendar was utterly light, exacerbating the relevance of sentiment on trading.EUR/USD edged modestly higher, trading just ahead of the 3

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Gold backs-off from fresh US session high in series of hourly lower lows and lower highsNEWS | 5 minutes ago | By keneyGold stabilising at a 50% mean reversion (1625), morphing into bearish consolidation. Markets await US President Trump's response to the coronavirus spread. As we head into the spot market close for Wednesday, on another bearish coronavirus New York session, gold has been selling off since the $1,689.30 highs printed earlier this week and has started to consolid

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