CME Group’s preliminary data for Crude Oil futures markets showed traders increased their open interest positions for the third straight session on Thursday, this time by around 4.2K contracts. On the opposite side, volume reversed three builds in a row and shrunk sharply by around 372.2K contracts. WTI remains capped by $44.00 so far The barrel of WTI appears to have run into some resistance in the $42.50/$43.00 band, where sits the 200-day SMA. Rising open interest amidst declining prices favours extra downside in the short-term horizon, with initial support at the 55-day SMA just above the $39.00 mark per barrel. 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 EUR/USD: Are bulls still in control? Highly uncertain Non-Farm Payrolls to determine Yohay Elam 2 years CME Group’s preliminary data for Crude Oil futures markets showed traders increased their open interest positions for the third straight session on Thursday, this time by around 4.2K contracts. On the opposite side, volume reversed three builds in a row and shrunk sharply by around 372.2K contracts. WTI remains capped by $44.00 so far The barrel of WTI appears to have run into some resistance in the $42.50/$43.00 band, where sits the 200-day SMA. Rising open interest amidst declining prices favours extra downside in the short-term horizon, with initial support at the 55-day SMA just above the $39.00 mark per… 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.
