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Extrait:Crude Oil (WTI) - Rebound in the offing?
WTI: The $100 mark should hold the downside
Prices of the WTI retreated sharply and revisited the $101.00 region on Wednesday. The strong downtick was due to shrinking open interest in the futures market, giving the hint that a deeper pullback is not favored in the near term.
The further downside in prices of the commodity should meet tough support around the $100.00 area.
That said, the black gold is on the downtrend for the second consecutive day, down 1.0% around $102.90, amid early European morning on Thursday.Aclear downside break signal of the three-month-old support line, near $101.00 by the press time, appears necessary for the bears.
Avertissement:
Les opinions exprimées dans cet article représentent le point de vue personnel de l'auteur et ne constituent pas des conseils d'investissement de la plateforme. La plateforme ne garantit pas l'exactitude, l'exhaustivité ou l'actualité des informations contenues dans cet article et n'est pas responsable de toute perte résultant de l'utilisation ou de la confiance dans les informations contenues dans cet article.
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EC Markets
FOREX.com
Pepperstone
FXTM
FBS
GO MARKETS
EC Markets
FOREX.com
Pepperstone
FXTM
FBS
GO MARKETS
EC Markets
FOREX.com
Pepperstone
FXTM
FBS
GO MARKETS