Futures Report: Future rate cut? Actually, never mind... - Flux News
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Futures Report: Future rate cut? Actually, never mind…

Technical indicators show that the July Brent futures contract still trades in the neutral territory although with a low RSI reading and amid narrowing Bollinger bands, signalling limited volatility. Gasoil futures are in the oversold territory based on the RSI but not the Bollinger bands, however open interest has been stagnant. Jul RBOB futures remain in the neutral territory and saw relative strength over the week.

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Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

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