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
2018-11-23
Resistance and Support Level Explanation
Resistance 55.35 H4
Support 53.90 H4

CrudeOIL, H4: Crude oil price was traded lower and currently testing near the support level of 53.90. MACD which begins to form a bearish signal suggests its prices to extend its losses after successfully closing below the threshold of 53.90.

 

Resistance level: 55.35, 57.00

Support level: 53.90, 49.50