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
2018-06-29
Resistance and Support Level Explanation
Resistance 74.90 H4
Support 72.80 H4

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from its highest level in six months. MACD histogram which begins to form bearish signal may suggest the commodity price to be traded lower in short-term as technical correction before continuing its major bullish bias.

 

Resistance level: 74.90, 76.10

Support level: 72.80, 71.15