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UnknownUnicorn5944879
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Markets Allocation
62 % forex 9 % indices 29 % other
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GBPUSD 28% | 31 USOIL 20% | 22 EURUSD 16% | 18 XAUUSD 7% | 8
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Oil reaches higher levels overnight! Trading Views, 09.06.2021
USOIL
, 60
USOIL: Oil reaches higher levels overnight! Trading Views, 09.06.2021

Good morning 09.06.2021! Talking about volatility… the Price of spot Oil per barrel is currently at 70.2 but I find no reason to expect a shock upwards shortly, or today, only a volatile slow move as previously if any. Technical analysis yesterday showed signs of price reversal. The chart shows clearly that it fell below the lower barrier of the channel. The...

Oil reverses for now! Trading Views, 08.06.2021, by Mario
USOIL
, 30
USOIL: Oil reverses for now! Trading Views, 08.06.2021, by Mario

Latest on oil: The Organization of the Petroleum Exporting Countries and allies - known as OPEC+ - decided in April to return 2.1 million barrels per day to the market from May through July. The producers stuck to that decision sparking a rise in oil prices. Furthermore, OPEC and its allies expect oil inventories to fall further in the coming months Technical...

Eyes on oil again! Trading Views and Ideas, 04.06.2021, by Mario
USOIL
, 60Long
USOIL: Eyes on oil again! Trading Views and Ideas, 04.06.2021, by Mario

Wow it was a crazy week for oil..! Quite volatile I would say! However, the market moved eventually as expected, quite rapidly though to significant high levels. I wasn’t expecting such a big rise so soon. Previously we said: “Falling below 65 USD per barrel would give me negative signals relating to an oil demand boost” > Which of course did not happen. Instead...

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