Technical Analysis – WTI oil futures lack clear trend during past month; short-term consolidation phase at upper end of range
WTI Oil futures have been moving sideways in the past two weeks and are trading in the upper half of a broader range that has been forming during the past month following the rise above 49.00 on September 13. On the 4-hour chart, there was a recent bounce ahead of the 49.00 level which is […]