Open interest in Crude Oil futures markets rose by around 4K contracts on Wednesday, reversing five consecutive drops according to advanced figures from CME Group. Volume, instead, went down by around 155.2K contracts. WTI could target the 200-day SMA at $56.40 Prices of the barrel of WTI advanced markedly on Wednesday, regaining the $53.00 mark and beyond. Rising open interest allows for the continuation of the bullish move, although the moderate drop in volume warns against a sustainable recovery for the time being. That said, the next target of significance in crude oil emerges at the 200-day SMA, today at $56.40. 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 USD/IDR: Rupiah holds near six-week low on Bank Indonesia’s expected rate cut FX Street 2 years Open interest in Crude Oil futures markets rose by around 4K contracts on Wednesday, reversing five consecutive drops according to advanced figures from CME Group. Volume, instead, went down by around 155.2K contracts. WTI could target the 200-day SMA at $56.40 Prices of the barrel of WTI advanced markedly on Wednesday, regaining the $53.00 mark and beyond. Rising open interest allows for the continuation of the bullish move, although the moderate drop in volume warns against a sustainable recovery for the time being. That said, the next target of significance in crude oil emerges at the 200-day SMA, today at… 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.
