Neutral Outlook for UKOIL as technical indicators are mixed.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Prices are facing bearish pressure from horizontal swing high resistance in line with 38.2% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 2nd resistance which is a horizontal...
Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement, 78.6% fibonacci extension and horizontal pullback support, where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Price is facing bullish pressure from our first support which also coincides with our 38.2% Fibonacci retracement and 127.2% Fibonacci extension and horizontal overlap support, where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bearish pressure from horizontal swing high resistance in line with 38.2% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 2nd resistance which is a horizontal...
UKOIL reversed off its resistance at 66.28 where it could potentially drop further to 65.14
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement, 61.8% fibonacci extension and horizontal pullback support, where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Price is facing bullish pressure from our first support which also coincides with our 38.2%, 78.6% Fibonacci retracement, 127.2% Fibonacci extension and horizontal overlap support, where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bearish pressure from horizontal pullback resistance, in line with 61.8% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 38.2% Fibonacci retracement. EMA is also above...
Prices are facing bearish pressure from horizontal pullback resistance, in line with 61.8% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 38.2% Fibonacci retracement. EMA is also above...
UKOIL bounced off 65.82 where it could potentially rise further to 66.70
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Prices are facing bullish pressure from ascending trendline support, which coincides with horizontal swing low support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards 1st resistance in line with horizontal swing high resistance, in line with 161.8% Fibonacci extension and 100% Fibonacci extension. If prices fall...
Copper prices are facing bullish pressure from our first support in line with our 38.2% fibonacci retracement and previous swing low, where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Price is facing bullish pressure from our first support which also coincides with our 38.2%, 78.6% Fibonacci retracement,127.2% Fibonacci extension and horizontal overlap support, where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
UKOIL bounced off 65.16 where it could potentially rise further to 66.70
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Prices are facing bullish pressure from ascending trendline support, which is in line with horizontal swing low support, 127.2% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push up towards 1st resistance which is in line with horizontal pullback resistance, 50% Fibonacci retracement and 50% Fibonacci extension. If prices fall through 1st...
UKOIL bounced off 64.63 where it could potentially rise further to 66.28
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Prices are facing bearish pressure from 1st resistance from horizontal swing high resistance which is in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down towards 1st support which is in line with horizontal pullback support which is in line with 127.2% Fibonacci extension and 61.8% Fibonacci retracement. If prices push...
