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30.10. 9:42_Signal UPDATE Brent Oil Short from 29.10. 12:36_TAKE PROFIT

SIGNAL TERMINATED – BRENT OIL SHORT – TAKE PROFIT

Due to the lower increase in natural gas reserves, the market also needs fuel oil, in other words, the refining of black gold price did not fall as much as analysts expected. Therefore, they are closing a short analysis on Brent crude oil with about 15% appreciation in a single day from the investment in the CFD contract.

ORIGINAL TEXT: Brent Oil Short. During yesterday’s trading session, the analysis of the decline in the price of Brent crude oil was completed, with an appreciation of approximately 50% of the margin investment on CFD contracts. The percentage ratio for futures contracts is lower, but it still reaches several tens of percent, namely about 36%. Now, as yesterday’s stock growth exceeded the estimates of Capital Analysis analysts, we will continue with another short analysis. Analysts are therefore publishing another short analysis with a medium-term outlook to the exchange rate of USD 30 / barrel for Brent crude oil.

Graph source: WebTrader

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