Crude Oil Price Resumes Slide, Fed Rate Decision Up Next

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-oil106.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/02/f-oil106.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/02/f-oil106-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/02/f-oil106-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/02/f-oil106-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights Crude oil prices declined heavily below the $73.50 support. A connecting bearish trend line is forming with resistance near $71.45 on the 4-hour chart. Gold prices also declined and traded below the $2,000 support. The Fed interest rate decision is scheduled today (forecast 5.5%, versus 5.5% previous). Crude Oil Price Technical Analysis In […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531444-crude-oil-price-resumes-slide-fed-rate-decision-up-next/">Crude Oil Price Resumes Slide, Fed Rate Decision Up Next</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *