Resistance - $48.34, $48.80, $50.31
Support - $47.31, $46.16, $44.90
Brent oil neared $48.34 today, which is the 50% Fibo retracement of the fall witnessed from May 2015 high to Jan 2016 low.
Entire month, bears found themselves trapped on a wrong side of the trade.
Oil simply shrugged off Doha debacle and repeated warnings of oversupply by analysts.
Rising channel is intact on daily chart, but RSI looks overbought. Caution warranted unless clear break is seen above $48.34
Support - $47.31, $46.16, $44.90
Brent oil neared $48.34 today, which is the 50% Fibo retracement of the fall witnessed from May 2015 high to Jan 2016 low.
Entire month, bears found themselves trapped on a wrong side of the trade.
Oil simply shrugged off Doha debacle and repeated warnings of oversupply by analysts.
Rising channel is intact on daily chart, but RSI looks overbought. Caution warranted unless clear break is seen above $48.34
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.