简体中文
ภาษาไทย
繁體中文
Indonesia
The forecast of global economic slowdown puts pressure on oil prices
2022-06-16
1094
Fundamental analysis:
The oil distribution remained volatile around 118.771, and the world bank lowered its global economic growth forecast again. The world bank issued a report in early June, pointing out that the global economy will slow down to 2.9% this year, which is 1.2 percentage points lower than the forecast in January.
Oil distribution ukoil - 4-hour K-line diagram display:
Technical comments: the bearish power continued to fluctuate downward in the off track section of the Bollinger belt index channel, and fluctuated after the low level fell below the off track to the node near 117.611. The high level of the Bollinger belt index continued to move downward smoothly, the short area under the 0 axis of the MACD index continued to move downward, and the RSI index remained weak under the 50 equilibrium line;
Multi empty turning point: 119.330
Pressing position: 120.863, 122.257
Support position: 117.192, 115.845
Trading strategy: bearish below 119.330, target 117.192, 115.845
Alternative strategy: bullish above 119.330, target 120.863, 122.257
The above analysis is a personal point of view and is for reference only.
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
