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UnknownUnicorn55305588

Analysis of today's crude oil trading

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
UnknownUnicorn55305588 Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Technical Indicators Crude Oil WTI usoillong usoilanalysis usoilforecast usoilidea usoilong
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trendanalysis indicator usoil usoillong usoilanalysis usoilforecast usoilidea usoilong
snapshot

As oil prices continue to fall, expectations of further OPEC production cuts and a major breakthrough in the US debt ceiling bill may limit the decline in oil prices

The OPEC+ meeting will remain in the spotlight later this weekend, as producers are expected to announce further production cuts to support energy prices

Personal Trading Strategy:

usoil:buy@68-68.2 tp68.6-68.9

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Trade active:
tp
Trade active:
tp2
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Crude oil has fallen sharply in the past two trading days, and the Fed's expectation of raising interest rates in June has cooled, boosting the outlook for crude oil demand. Crude oil rose in the short term today.
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