by nearly 3K contracts. Volume, instead, retreated for the second session in a row, this time by around 70.6K contracts.reversed four sessions of gains on Wednesday. The daily decline came on the back of increasing open interest and a strong drop in volume and points to a potential consolidation around current levels. In the meantime, the immediate target remains at the key $80.00 mark per barrel for the time being.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: Daily_Forex - 🏆 567. / 51 Read more »