简体中文
ภาษาไทย
繁體中文
Indonesia
USOIL; the downlink is relatively smooth
2022-12-07
959
Brief analysis of fundamentals:
The market is also weighing a $60/barrel price cap on Russian crude imposed by the Group of Seven (G7), European Union and Australia. The price cap measures follow the European Union's ban on imports of Russian crude by sea and similar pledges made by the United States, Canada, Japan and the United Kingdom.
USOil daily chart
Brief technical analysis:
Looking at the daily chart: oil prices went down again to test new lows, the MACD volume energy column began to increase volume below the 0 axis, RSI went down again, and the short-term oil price has a higher probability of continuing to go down.
Long-short turning point: 86.00
Resistance levels: 109.00 122.00
Support: 75.00 68.00
Trading strategy: bearish below 86.00, target 75.00, 68.00
Alternative strategies: Bullish above 86.00, targeting 97.00, 109.00
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
