Get started
Crude Oil Future CFD (USD)
Long

Expected to rise

By Anthony-Ryan
Updated
snapshot

International oil prices rose more than 2% on Monday amid widespread expectations that OPEC+ will announce further production cuts after a meeting of member states early next week. Traders are eyeing potential speculative buying in crude oil trading as global risk sentiment appears to be strengthening and optimism returns among financial institutions.

Crude oil continued its rebound trend and reached the pressure level, but was blocked and fell back. It is still falling back and adjusting. Since the bulls' main bottom-buying signals appeared continuously below, it has rebounded relatively slightly. At present, it should continue to fluctuate and adjust.

Crude oil will currently fluctuate in the range of 78.8-75.5.
Trade active
Note
77.8
Note
Trade active
Trade active
go long
Trade active
73.79-75.8 Profit 20 pip
Trade active
Trade active
cloiloilpriceoilsignalsoiltradingSupply and DemandSupport and ResistanceTrend Analysisusoilanalysis
Anthony-Ryan
More Free Signals: t.me/+teRkBBHY6b5lMjg9
More Free Signals: t.me/+teRkBBHY6b5lMjg9
More Free Signals: t.me/+teRkBBHY6b5lMjg9
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.