简体中文
ภาษาไทย
繁體中文
Indonesia
UKOil: upside high
2023-01-27
886
Fundamental analysis:
Cloth oil remained volatile around 87.523, and the ban on Russian seaborne fuel cargo will bring new demand for U.S. refined products. Diesel supplies to Europe from emerging refining hubs in the U.S. and the Middle East may have made up for some of the reduced supply from Russia, but a shortage appears inevitable.
Cloth oil UKOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: short-term highs and narrow range adjustments, the bullish momentum has once again accumulated strength and moved upwards, the market is bullish, the MACD indicator is finishing near the 0 axis, and the RSI indicator is hovering weakly on the side of the 50 balance line;
Long-short turning point: 87.224
Suppression: 87.994, 88.567
Support: 86.633, 86.078
Trading strategy: Bullish above 87.224, target 87.994, 88.567
Alternative strategy: bearish below 87.224, target 86.633, 86.078
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
