FX:USOIL   CFDs on Crude Oil (WTI)
Fundamentals:- Although we had a drop in the API figures yesterday the EIA             figures have not been reflected consistently in the Price. The freeze in Oil             production is looking less likely to happen with Iran still wishing to compete for their market share. With little hope of a reduction in production the Oil             price is likely to remain low for some time.
Technicals:- As you can see from the chart we are in the early stages of a head and shoulders pattern which is indicative of a reversal on this up trend. I will be looking to sell from the top of the second shoulder targeting the 26.00 support price. Learn to trade like a pro for free

Related Ideas

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out