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.

250417 CrudeOIL

by | Apr 25, 2017 | Crudeoil | 0 comments

GCMAsia - Crude Oil
CrudeOIL
CrudeOIL
2017-04-25
Resistance and Support Level Explanation
Resistance 49.70 H1
Support 49.10 H1

CrudeOIL, H1: Crude oil price remains traded within a downward channel while recently rebounded from the mid-level of the channel. A successful closure above the 20-moving average line (red) would suggest crude oil price to advance further up, towards the upper level of the downward channel.

 

Resistance level: 49.70, 50.20

Support level: 49.10, 48.65