A partir de ahora somos Elev8

Somos más que un simple corredor. Somos un ecosistema de trading todo en uno: todo lo que necesitas para analizar, operar y crecer está en un solo lugar. ¿Listo para elevar tu trading?

Oil Asia Price Forecast: WTI under heavy pressure in 18-year lows, trades near $20 a barrel

  • WTI is having one of its largest selloffs in history collapsing to $20 a barrel in about two months.
  • WTI stays under heavy bearish pressure as March is coming to an end.
  
 
 

Oil daily chart

 
Crude oil collapsed sharply in the last weeks of trading as the barrel of oil is under heavy pressure near its lowest level since February 2002, hovering close to $20 per barrel. 
 

Oil four-hour chart

 
WTI stays under heavy selling pressure below the main SMAs as sellers are looking to continue the selloff below the 20 level which might introduce scope to the 16 and 12 levels on the way down. Conversely, bulls would need to gather strength and regain at least the 28 resistance, however, they need to overcome the 22 and 24 resistance in the first place.
 

Additional key levels

 

USD/CAD: 1.40 is a floor for 2020 – TDS

Analysts at TD Securities think USD/CAD is likely to maintain a 1.42-1.47 range over the coming months given the one-two punch of the global growth an
Leer más Previous

USD/JPY on the back-foot as risk-appetite falters

USD/JPY is trading around the 108 handle between a range of 107.46 and 108.72, currently positioned at 107.68 and flat on the session in the final hou
Leer más Next