Oil Prices Rise After Support Rejection, Strong USD & Growth Risks May Cap Gains

Argentina Noticias Noticias

Oil Prices Rise After Support Rejection, Strong USD & Growth Risks May Cap Gains
Argentina Últimas Noticias,Argentina Titulares
  • 📰 DailyFX
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Oil prices rebound after encountering support in the $76.00/$77.00 area. Despite Tuesday’s move, the technical bias remains slightly bearish for crude WTI. The fundamental landscape appears to be deteriorating for cyclical commodities.

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. FX PUBLICATIONS IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.

FX Publications Inc is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association . Registered Address: 19 North Sangamon Street, Chicago, IL 60607. FX Publications Inc is a subsidiary of IG US Holdings, Inc

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

DailyFX /  🏆 305. in US

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

WTI Crude Oil Forecast: Crude Oil Plunges Through SupportWTI Crude Oil Forecast: Crude Oil Plunges Through SupportThe West Texas Intermediate Crude Oil market has broken significantly through support, as the $80 level is now in the rearview mirror.
Leer más »

WTI Crude Oil Forecast: Oil Plunges on Economic FearsWTI Crude Oil Forecast: Oil Plunges on Economic FearsThe West Texas Intermediate Crude Oil market has fallen rather hard during the session again on Monday to show signs of weakness.
Leer más »

Oil prices fall on fuel demand fears sparked by recession concernsOil prices fall on fuel demand fears sparked by recession concernsOil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
Leer más »

Crude Oil Futures: Downside has further legs to goCrude Oil Futures: Downside has further legs to goCME Group’s flash data for crude oil futures markets saw traders add around 26.2K contracts to their open interest positions on Friday. In the same li
Leer más »

USD/CAD oscillates around 1.3600, upside remains favored as oil tumbles below $80.00USD/CAD oscillates around 1.3600, upside remains favored as oil tumbles below $80.00USD/CAD is gearing up for a fresh rally and will continue its four-day winning streak. Higher core CPI has trimmed consensus for US Durable Goods Orde
Leer más »



Render Time: 2025-03-03 19:50:46