Hello Traders,
With the start of this month, the OPEC+ cartel agreed to start cutting oil supplies from the market to push the prices up,
As the chart is showing, we already had a bying impulse from the level of 50$ and it is expected to continue of the upside.
Big market players are forecasting a higher Oil prices during 2019.
Goldman Sachs & Morgan Stanely : 70$ .
UBS : 80 $.
Trade with care,
Never risk more than 1% of your captial to the market.
With the start of this month, the OPEC+ cartel agreed to start cutting oil supplies from the market to push the prices up,
As the chart is showing, we already had a bying impulse from the level of 50$ and it is expected to continue of the upside.
Big market players are forecasting a higher Oil prices during 2019.
Goldman Sachs & Morgan Stanely : 70$ .
UBS : 80 $.
Trade with care,
Never risk more than 1% of your captial to the market.
Note
Note
Note
Note
Note
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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.