US OIL
Oil Prices Rise as the Dollar Weakens, Oil prices moved higher early on Monday as the dollar continued its retreat from 20-year highs even as demand concerns continue to weigh.
TECHNICAL OUTLOOK
US OIL starts the week with a strong bullish candle pushing the oil price to US$89.13 per barrel as it strongly rejected from on our resisting trendline. On 05 September US OIL price rejected from our area of resistance at US$81.63, on the technical side oil opened up strongly to the upside as we can see it hit US$97.67 per barrel and above.
Disclaimer: this is not a trading signal rather an Idea...
TECHNICAL OUTLOOK
US OIL starts the week with a strong bullish candle pushing the oil price to US$89.13 per barrel as it strongly rejected from on our resisting trendline. On 05 September US OIL price rejected from our area of resistance at US$81.63, on the technical side oil opened up strongly to the upside as we can see it hit US$97.67 per barrel and above.
Disclaimer: this is not a trading signal rather an Idea...
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.