Upcoming weekly OIL analysis
FA Analysis:
1- Based on the recent macro-economic data, US economy is slowing down which it's slowing down the demand.
2- Trump is making pressure on oil producer to reduce the price.
3- US is fully opening their oil production.
4- End of war in Ukraine.
All the above are very Oil bearish factors.
TA Analysis:
1- Price is making LL-LH. A continuation down is expected.
2- Price might continue directly down without making a new LH. $66 is the ST target.
1- Based on the recent macro-economic data, US economy is slowing down which it's slowing down the demand.
2- Trump is making pressure on oil producer to reduce the price.
3- US is fully opening their oil production.
4- End of war in Ukraine.
All the above are very Oil bearish factors.
TA Analysis:
1- Price is making LL-LH. A continuation down is expected.
2- Price might continue directly down without making a new LH. $66 is the ST target.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.