ICE-Forex

Usoil//WEEKLY-Term

Long
TVC:USOIL   CFDs on WTI Crude Oil
Macroeconomic Overview
Hello dear friends,
There is a notable increase in oil prices.
I mentioned in previous articles that I expect a rise.
The reasons for the rise stem from the problems experienced in the supply (production) field.
Oil prices are very much affected by global politics.

When We Examine the Usoil Chart on a Weekly Term
$105-$115 levels are important resistance levels.
A potential resistance at the top of the channel.

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