Headlines • Heating Oil Bounces Off 1.1000 Level Before Retracing Lower • Gasoline Surges Above 0.60 Level Posting +12% Gain in Asia • Petrobras to Cut Production & Reduce Capital Expenditures in a Bid to Off-Set Virus Impacts • US Futures Retreat in Asia Breaking Weeks Uptrend
Information Position: Long Size: 0.20 Price: 1.0580
i think stock will suport at lwl2 line about 165.666. i think this is good buy point but set stoploss
Information Position: Long Size: 0.10 Price: 1.2336
Information Position: Long Size: 0.20 Price: 1.1570
Headlines • Crude Recovers 9% in Asia + RBA Cuts Interest Rates to 0.25% • ECB Plans to Purchase 750 Billion Euro Worth of Bonds to Calm Virus Scare • China Reports Zero Domestic Cases for First Time
Information Position: Long Size: 0.20 Price: 1.4343
Information Position: Long Size: 0.10 Price: 1.3882
Information Position: Long Size: 0.10 Price: 1.4892
Long from 1.6 - 1.8. If broken hold half position until 2
Information Position: Long Size: 0.10 Price: 1.6187
Information Position: Long Size: 0.05 Price: 1.6804
Headlines • Markets Up 0.5% as Traders Await Weekly EIA Inventories Releases • Covid-19 Records First Middle East Death (Update) • OPEC Calls for Meeting with Partners Regarding Coronavirus
Update trading now at 1.6420 looks bullish only target intact 1.54-1.84-2.00
Headlines: - Oil prices last week saw worst performance in months on the backs of fears from the Coronavirus - China extending Chinese New Year holidays in order to stem the spread of the virus - Oil finishes the week down -8.50% - Baker Hughes sees rig count for the week past down in the US -2 rigs
Looking at the wave structure, we have broken the low of the internal A wave of this corrective structure. We should see a C wave up to $2 over the coming months. Note, looking at RSI, every time it has entered this level, it has quickly reversed. On the 4H TF, there's bullish divergence too. So we should see a decent spike regardless. However, this is a long term...
Information Position: Long Size: 0.05 Price: 1.7947
From a technical point of view, GAS OIL could develop a harmonic structure as shown on the chart. If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care! Cheers.