Kể từ bây giờ chúng tôi là Elev8

Chúng tôi không chỉ là một nhà môi giới. Chúng tôi là một hệ sinh thái giao dịch tất cả trong một—mọi thứ bạn cần để phân tích, giao dịch và phát triển đều có ở một nơi. Sẵn sàng nâng tầm giao dịch của bạn?

WTI Price Analysis: Short-term falling trendline, 200-bar SMA question buyers

  • WTI recovers from two-week low following oversold RSI.
  • The key upside barriers stand tall to check buyers.
  • The bears await fresh monthly low before entering a new trade.

WTI rises 1.04% while taking the bids to $50.35 amid the initial trading hours on Wednesday. The black gold recently benefited from oversold RSI conditions but is yet to cross the key resistances.

Among them, a downward sloping trend line from February 20, at $51.30, acts as the immediate challenge to the buyers.

Should there be a sustained recovery beyond $51.30, 200-bar SMA level of $53.73 and 61.8% Fibonacci retracement of the energy benchmark’s declines from January 19 to February 04, at $55.73, will return to the charts.

Alternatively, sellers will refrain from entering a new trade unless oil prices decline low the monthly low surrounding $49.40. In doing so, late-2018 high around $46.75 could grab the bears’ attention.

WTI four-hour charts

Trend: Bearish

Only a third of Chinese small businesses open as coronavirus disrupts labor and logistics – SCMP

At a press conference in Beijing held on Tuesday, Shu Zhaohui, a senior official from China’s Ministry of Industry and Information Technology, said th
Đọc thêm Previous

Singapore researchers make advances in coronavirus test method - Bloomberg

Bloomberg carries a story on Wednesday, citing Singapore’s Health Ministry, saying that they have managed to establish links between coronavirus cases
Đọc thêm Next