WTI Oil Futures Stay Directionless Inside Bearish Channel

<p>WTI oil futures extended their horizontal trajectory within a broad bearish channel for another week, moving back and forth between their 20- and 50-day simple moving averages at 70.89 and 72.86 respectively. The RSI and the MACD are trying to enter the bullish area, though given their previous failed attempts and taking into account the strengthening overbought signals coming from the […]</p>
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