Crude Oil Bounces Back but Appears Rangebound

View this email online. Visit us: Crude Oil Bounces Back but Appears Rangebound Crude Oil Prices rose a little on Thursday, recovering from their Federal-Reserve- induced slide in the previous session, but the market remains rangebound and looks likely to stay that way before June’s meeting of key producers. READ MORE 4 Effective Trading Indicators  Traders often feel that a complex trading strategy with many moving parts must be better when they should focus on keeping things as simple as possible.  READ MORE Technical Analysis Earlier this week the ECB President Christine Lagarde mentioned that she is “really confident” that euro zone inflation is under control. READ MORE Analysts' Views on Hot Markets Richard Snow Strategist UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets READ MORE Nicholas Cawley Senior Strategist The Impact of Geopolitical Tensions on Oil Prices READ MORE Diego Colman Senior Contributor Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook READ MORE Share this email: Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom, EC4R 2YA Trading financial instruments, including leveraged foreign currencies, carries a high degree of risk and your losses may exceed your deposits. Trading is not suitable for all. You should carefully consider whether trading is right for you in light of your investment experience and financial resources. Past performance is not indicative of future results. This commentary is for general informational purposes and does not constitute advice or a solicitation. While DailyFX has taken reasonable measures to verify the accuracy of the information herein, DailyFX makes no guarantee as to its accuracy or completeness. This information is subject to change at any time without notice. DailyFX is not liable for any loss or damage which may arise from the use of any information in this commentary. Please read the full Risk Disclosure, as well as our Privacy Policy. You received this email because of your relationship with DailyFX. To manage your preferences or unsubscribe from our marketing communications click here.   © 2024 IG