简体中文
ภาษาไทย
繁體中文
Indonesia
USOil: high volatility
2022-12-27
966
Fundamental analysis:
Crude oil remained volatile around 79.369. The agency predicted that Russia's oil exports in December may drop by 20%. The United States is preparing to deal with winter storms, while Russia's crude oil exports will decline, which will increase pressure on the rise in demand for heating oil. Markets are closed on Monday for Christmas.
Crude oil USOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the upward trend of bullish momentum is good, the short-term bullish sentiment is still there, and the high level has a short-term shock trend, the MACD indicator is in the bullish zone, and the RSI indicator is hovering above the 50 balance line;
Long-short turning point: 79.012
Suppression: 79.948, 80.461
Support: 78.443, 77.893
Trading strategy: Bullish above 79.012, target 79.948, 80.461
Alternative strategy: bearish below 79.012, target 78.443, 77.893
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
