Why?
TA:
-RSI Bearish Divergence seen clearly on daily
-MACD, Stoch(blue on PTS) Divergence too
-CCI going down, bearish
-ADX is showing lack of bull trend strength, bear trend rising
FA:
-EURO WILL GO TO PARITY, very strong dollar coming up in june, see EU related post
-Inventory data too negative, will now likely shoot up, Api should show from -5.2 to something less negative, making oil bearish
-US rate hike, GREXIT possibility, can make dollar strong
IF this bearish scenario fails, then oil will continue to stay in channel.
The only way oil breaks up above 62-63, is a weaker dollar than before.
OIL needs to break above 200EMA on daily, which is at 64$, for oil to become bullish.
Until that happens, oil stays bearish or in channel mode.
That is all.
Stay tuned for more!
TA:
-RSI Bearish Divergence seen clearly on daily
-MACD, Stoch(blue on PTS) Divergence too
-CCI going down, bearish
-ADX is showing lack of bull trend strength, bear trend rising
FA:
-EURO WILL GO TO PARITY, very strong dollar coming up in june, see EU related post
-Inventory data too negative, will now likely shoot up, Api should show from -5.2 to something less negative, making oil bearish
-US rate hike, GREXIT possibility, can make dollar strong
IF this bearish scenario fails, then oil will continue to stay in channel.
The only way oil breaks up above 62-63, is a weaker dollar than before.
OIL needs to break above 200EMA on daily, which is at 64$, for oil to become bullish.
Until that happens, oil stays bearish or in channel mode.
That is all.
Stay tuned for more!
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.