Яндекс.Метрика US Oil chart moving above the 50MA – Technologies of the future for life!
Home / Forex Treiding / US Oil chart moving above the 50MA

US Oil chart moving above the 50MA


  • share

US Oil moving above the 50MA

I posted here earlier on the oil chart and the contrasting picture for Oil. Price has broken above the 50MA and near term risk is just beneath it now.
It seems that the tactic to fade Trump’s tweets is the tool for the job again. Falling supply from Iran and Saudi quite happy to see $80 a barrel is enough to boost the price again. Near term risk is very small.

ForexLive

About SkyNET

Leave a Reply

Your email address will not be published. Required fields are marked *