Open interest in Crude Oil futures markets went down by around 6.8K contracts on Friday following five consecutive builds according to preliminary data from CME Group. Volume followed suit and dropped by around 343.2K contracts, reversing to daily advances in a row. WTI: Support is seen at the 55-day SMA around $38.50 Friday’s inconclusive performance was amidst shrinking open interest and volume, leaving the neutral/bearish theme unchanged. Against this, the price of the WTI should meet initial contention around $38.50 per barrel, where sits the 55-day SMA. 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 AUD/USD: Upside attempts remain elusive above 0.7150 ahead of US data FX Street 3 years Open interest in Crude Oil futures markets went down by around 6.8K contracts on Friday following five consecutive builds according to preliminary data from CME Group. Volume followed suit and dropped by around 343.2K contracts, reversing to daily advances in a row. WTI: Support is seen at the 55-day SMA around $38.50 Friday’s inconclusive performance was amidst shrinking open interest and volume, leaving the neutral/bearish theme unchanged. Against this, the price of the WTI should meet initial contention around $38.50 per barrel, where sits the 55-day SMA. 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.