简体中文
ภาษาไทย
繁體中文
Indonesia
UKOil: low down
2023-06-01
810
Fundamental analysis:
Brent oil remained volatile around 72.091, and the deadline for the United States to avoid a debt default (June 5) almost coincided with the meeting date (June 4) of the Organization of the Petroleum Exporting Countries and allies including Russia (OPEC+). Market participants have different views on whether the group will further increase production cuts.
Cloth oil UKOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the short-term short-term momentum continues to fluctuate and fall, the market is shrouded in short-term sentiment, and there is a trend of continuing to move downward in the short-term.
Resistance levels: 72.825 73.292
Support levels: 71.664 71.290
Trading strategy: bearish below 72.371, target 71.664 71.290
Alternative strategy: call above 72.371, target 72.825 73.292
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
