83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

041017 CrudeOIL

by | Oct 4, 2017 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-10-04
Resistance and Support Level Explanation
Resistance 50.05 H4
Support 49.20 H4

CrudeOIL, H4: Crude oil price extended its losses following prior formation of death cross by both moving average line. MACD indicator which illustrate substantial downward momentum suggests crude oil price to extend its losses towards the next target at 49.20.

 

Resistance level: 50.05, 51.10

Support level: 49.20, 48.35