简体中文
ภาษาไทย
繁體中文
Indonesia
UKOil: Bulls move up
2022-12-15
1039
Fundamental analysis:
Brent oil remained volatile around 82.871. In the week of December 09, the United States imported 6.867 million barrels of commercial crude oil excluding strategic reserves, an increase of 855,000 barrels per day from the previous week. Commercial crude oil inventories excluding strategic reserves increased by 10.231 million barrels to 424 million barrels, an increase of 2.47%.
Cloth oil UKOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the bullish momentum keeps oscillating and moving upwards, the market is still bullish, and there is a further upward trend in the short term. The MACD indicator is slowly rising in the bullish zone, and the RSI indicator is hovering at a high level in the bullish zone;
Long-short turning point: 82.417
Suppression: 83.751, 84.689
Support: 81.483, 80.548
Trading strategy: Bullish above 82.417, target 83.751, 84.689
Alternative strategies: bearish below 82.417, target 81.483, 80.548
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
