In light of preliminary readings from CME Group for crude oil futures markets, open interest shrunk for the fifth consecutive session on Wednesday, this time by nearly 6.7K contracts. In the same line, volume dropped for the second straight session, now by around 23.2K contracts. WTI faces the next hurdle at $40.00 The recovery in crude oil prices looks unabated, with the WTI quickly leaving behind the $30.00 mark per barrel earlier in the week. Despite a move to the ley $40.00 mark remains well on the cards, shrinking open interest and volume open the door to some correction in the short-term horizon. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD faces strong resistance at 0.6175 – UOB FX Street 2 years In light of preliminary readings from CME Group for crude oil futures markets, open interest shrunk for the fifth consecutive session on Wednesday, this time by nearly 6.7K contracts. In the same line, volume dropped for the second straight session, now by around 23.2K contracts. WTI faces the next hurdle at $40.00 The recovery in crude oil prices looks unabated, with the WTI quickly leaving behind the $30.00 mark per barrel earlier in the week. Despite a move to the ley $40.00 mark remains well on the cards, shrinking open interest and volume open the door to some correction in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
