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Oil inter-market: Sell-off to intensify amid rising VIX

By : Mex Group

Oil inter-market: Sell-off to intensify amid rising VIX

9 September 2016, 14:02

Oil prices staged a reversal on Friday, moving away from fresh weekly highs reached a day before, following a surprise drawdown in the US crude stockpiles. The oil bulls completely ignored the USD rally yesterday and surged almost 4% as upbeat inventory data underpinned sentiment.

GBP/USD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.3313701152801 1.3318600654602 1.3323700428009 1.3333699703216 1.3338599205017 1.3343698978424

Trend IndexOB/OS Index
Bullish Neutral