简体中文
ภาษาไทย
繁體中文
Indonesia
UKOil: Bears sink
2023-04-26
894
Fundamental analysis:
Brent oil remained volatile around 80.695, as investors expressed optimism that Chinese holiday travel will boost fuel demand in the world's largest oil importer. But expectations for slower first-quarter gross domestic product growth in the United States, the world's largest crude consumer, capped gains.
Cloth oil UKOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level short-term momentum has fallen sharply, and the short-term decline may continue. The market as a whole is shrouded in a short-term sentiment. The MACD indicator is hovering below the 0 axis, and the RSI indicator is in a weak position in the short-term area;
Resistance levels: 81.340 81.767
Support: 80.247 79.810
Trading strategy: bearish below 80.913, target 80.247 79.810
Alternative strategy: call above 80.913, target 81.340 81.767
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
