Daily News | Oil prices slip and slide | 19.07

Oil prices slip and slide
U.S. fuel inventories build, oil continues downwards for third session.
Oil prices fell yet another 2% weighed down by U.S. government data that showed large builds in refined product stockpiles.

Facebook turns the other cheek.
U.S. lawmakers bash Facebook over Libra once again. Bitcoin recovers.
U.S. lawmakers bashed Facebook over its planned cryptocurrency, after a bruising first bout a day earlier. Bitcoin saw a slight recovery.

Red waves hit Wall Street.
Trade concerns hit Wall Street. Netflix plunges 11%.
A gauge of global stocks declined amid trade concerns and Netflix plunged 11% after the company lost some of its most popular shows.

BTC/USD
Bitcoin has bounced upwards in the last session, gaining 3%.
Bitcoin has bounced upwards in the last session, gaining 3%. The Stochastic-RSI currently dwells in the oversold zone.

AUD/USD
AUD/USD has traded sideways in the last session.
The Aussie-Dollar pair has traded sideways in the last session. The ROC settles in the neutral area.

EUR/USD
EUR/USD has gained 0.1% in the last session.
The Euro-Dollar pair has performed a minor correction, gaining 0.1% in the last session. The ATR remains in the low volatility area.

Crude Oil
Crude Oil has plunged 6.6% in the last three sessions.
The price of Crude Oil has seen strong downward movement, falling 6.6% in the last three sessions. The ATR remains in the high volatility area.