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.
GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-09-19

CrudeOIL, H4: Crude oil price was traded lower while currently testing the 50 moving average line (Blue). However, MACD which illustrate diminishing downward momentum suggests its price to be traded higher, towards the direction of 58.55.

 

Resistance level: 58.55, 60.35

Support level: 56.80, 55.90