PVinvestments

PVinvestments

We believe the price of wti is going to close the gap at 70.70$ mark. Bearish wave expected in the short term

PVinvestments

Crude oil has recently showed some weakness in the short term. Therefore, we expect the price to retest both the previously broken resistance (yellow line) and the short term support (blue). So we need to monitor the mentioned levels (especially the intersection of the 2 lines), as breaking those lines will probably push the price to visit 68$ as a first target

PVinvestments

we believe that eur/usd is going to bounce bearishly on the mid-term. Price will hit the first green line as a first target and possibly go further to the second green line. we suggest a stop loss strategy with a stop limit above the yellow trendline.