Oil prices are entering dynamics not seen since 2013, when a substantially weaker US Dollar opened up space for Oil prices to rise towards $100. Seeing the current rate cuts and dovish stance by the Fed, more upside could be at hand.. Although $100 is still far off, chances are growing.
Oil bulls still clearly see more upside potential. The break above $80 though does not seem to be taking place that quickly, and $85 is appearing as the next cap. Further up, $86.90 follows suit before targeting $89.64 and $90.00 as top levels.
On the downside, the 200-day Simple Moving average (SMA) near $77.93 is the first point of contact to provide some support. Quite close behind are the 100-day and the 55-day SMAs near $75.81 and $75.26, respectively. Add the pivotal level near $75.27, and it looks like the downside is very limited and well-equipped to resist the selling pressure
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.