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US Oil Retrieve It’s Glory Again-lowest forex commission

Russia’s Crude Oil Supply Will Be Greatly Reduced, US Oil Retrieve It’s Glory Again

lowest forex commissionHXFXglobal reminds you:

malaysia forex trading time-HXFXglobal-Russia's Crude Oil Supply Will Be Greatly Reduced, US Oil Retrieve It’s Glory Again_Technical Analysis

The Russian-Ukrainian conflict broke out in an all-round way, and the panic in the market soared, pushing up oil prices sharply.
Operation suggestion
Investors are suggested to bargain hunting with current price, Target 107.70 and Stop-Loss by 106.00.
Oil prices fell last week despite optimistic signs of Russia-Ukraine talks. But negotiations between the two sides have stalled again, with Russian troops continuing to attack Ukrainian cities. Analysts warned that Russia’s crude oil supplies could be drastically reduced in the coming months. The IEA report last week also estimated that global markets could lose 3 million barrels a day of Russian crude from April, sparking supply concerns and pushing up prices. Therefore, the probability of US oil continuing to rise in the short-term is high.
In the 60-minute level chart, (5,10,20MA) three moving averages running tangled, MACD bearish force slightly reduced, KD slowly rising. Overall, US oil is expected to maintain an upward trend in the short term, and investors are advised to seize the opportunity to bargain hunting.
*Information above is purely personal opinion, and doesn’t represent the platform’s standpoint. This opinion can only be use as reference.

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