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
2017-07-28
Resistance and Support Level Explanation
Resistance 50.00 Daily
Support 48.50 Daily

CrudeOIL, Daily: Crude oil price has recently broke the top level of downward channel, signaling a change in trend direction to move further upwards. Both MA lines which continues to narrow upwards suggests its prices to advance towards the target of 50.00.

 

Resistance level: 50.00, 51.50

Support level: 48.50, 47.00