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.

200619 CrudeOIL-Noon

by | Jun 20, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-06-20

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 54.60. However, MACD which illustrate diminishing bullish momentum suggest the commodity to undergo short-term technical correction and retrace back towards the support level 52.65.

 

Resistance level: 54.60, 55.85
Support level: 52.65, 50.90