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FXMAG COM>Articles>Commodities>A Deeper Pullback Of...
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Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?

Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?

Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts

UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

A Deeper Pullback Of WTI Crude Oil Is Expected

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A Deeper Pullback Of WTI Crude Oil Is Expected| FXMAG.COM
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  1. WTI could slip back to $82.10

    Considering advanced prints from CME Group for crude oil futures markets, traders added around 4.3K contracts to their open interest positions after two daily builds in a row on Wednesday. Volume followed suit and advanced for the second straight session, this time by nearly 144K contracts.

    WTI could slip back to $82.10

    Prices of the barrel of WTI extended the weekly leg lower on Wednesday amidst increasing open interest and volume. That said, a deeper pullback remains well on the cards in the very near term and with the next target of note at the weekly low at $82.10 (October 18).

    a deeper pullback of wti crude oil is expected grafika numer 1 ✕a deeper pullback of wti crude oil is expected grafika numer 1

     
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