简体中文
ภาษาไทย
繁體中文
Indonesia
UKOil: hovering high
2023-04-06
920
Fundamental analysis:
Brent oil remained volatile around 84.710. The EIA crude oil inventory in the United States for the week to March 31 was -3.739 million barrels, expected to be -2.329 million barrels, and the previous value was -7.489 million barrels. Last week, strategic petroleum reserve (SPR) inventories fell by 400,000 barrels to 3.712 billion barrels, a decrease of 0.4%.
Cloth oil UKOil - 4-hour K-line chart shows:
Brief technical analysis:
The 4-hour chart: short-term weakness hovers at a high level, the market as a whole is in a high level and narrow range, and the short-term is still bullish at a high level,
Resistance: 86.057 86.830
Support levels: 83.800 82.877
Trading strategy: bearish below 84.958, target 83.800 82.877
Alternative strategies: call above 84.958, target 86.057 86.830
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
