Oil prices are moving sharply up today for both Brent (OIL) and WTI (OIL.WTI) after yesterday’s API report showed major decline in inventories. Using USD weakness OIL crushes $45 resistance and trades at the highest level since March. Consequently, $45 is now a support level ahead of the DOE report on inventories (3:30pm BST) and there’s no obvious resistance level in sight.
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3:57 PMThe Spanish index is trading more than 2% lower duringtoday's session. Looking at the chart from a technical point of view, SPA35 broke abovethe sloping...
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