We create and publish training materials and deal with the research of financial and commodity markets and identification of trading opportunities. We create information content in digital electronic form and its subsequent sale. We are not a stockbroker or broker, we are not financial institutions and we are not a financial intermediary.

2.10. 9:43_Brent Oil_LONG

Brent Oil Long. Both Brent and Light Crude oil began to lose value at a slow rate after a slight increase in stocks. Currently, Brent is approaching a support level of 40 USD / Barrel for a futures contract. Technically and fundamentally, the market cannot break out of its zone in which it has been operating since the beginning of June. This range is worth about $ 8 per barrel. Which, with a volume of 1,000 barrels, the exchange rate potential is $ 8,000.

Graph and table source: WebTrader


Add comment

Your email address will not be published.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

Your personal data will only be used for the processing of this comment. Principles of personal data processing