简体中文
ภาษาไทย
繁體中文
Indonesia
USOil: Bulls up
2022-12-15
925
Fundamental analysis:
Crude oil remained volatile around 77.393. The EIA strategic oil reserve inventory in the United States for the week ending December 9 was -4.748 million barrels, compared with -2.097 million barrels before. In the United States, the EIA strategic petroleum reserve inventory fell the most since the week of October 7, 2022 in the week ending December 9, marking the 66th consecutive week of decline.
Crude oil USOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the bullish dynamics remain volatile and rising, the market is still bullish, and there is a continuous upward trend in the short term. The MACD indicator is slowly moving upwards in the bullish zone, and the RSI indicator is hovering at a high level in the bullish zone;
Long-short turning point: 76.986
Suppression: 78.245, 79.076
Support: 76.107, 75.204
Trading strategy: Bullish above 76.986, target 78.245, 79.076
Alternative strategy: bearish below 76.986, target 76.107, 75.204
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
