OctaFX | OctaFX Forex Broker
Open trading account
Back

Crude Oil Futures: Look cautious near-term

In light of preliminary readings from CME Group for crude oil futures, open interest shrunk for the second consecutive session on Tuesday, this time by around 4.1K contracts. On the opposite side, volume reversed the previous drop and rose by around 77.2K contracts, resuming the uptrend.

WTI faces some consolidation ahead of OPEC+

Prices of the WTI are attempting some consolidation at current levels ahead of the key OPEC+ meeting on March 5-6 in Vienna. Inconclusive activity from open interest and volume leaves the door open for the continuation of the rangebound theme at least in the very near-term.

Brazil: GDP to have a flat print – TDS

The South American country will publish Gross Domestic Product data at 12:00 GMT. Economists at TD Securities analyzes the possible results as USD/BLR
Read more Previous

BTC/USD: Bullish pattern in play

BTC/USD is currently trading at the price level of $8738 and continues to build on the bullish return picture drawn on Monday, which triggered a bulli
Read more Next
Start livechat