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.
Price is facing bearish pressure from the first resistance level, in line with 78.6% fib retracement where we could see a drop to our support level where 50% fib retracement is. Take caution that the EMA is also showing price could go a bit higher before the reversal.
Copper is approaching 3.00712 where it could potentially rise further to 3.09457. A break above our intermediate resistance level at 3.06076 could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Gold is approaching 1922.81 where it could potentially rise further to 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
UKOIL reversed off its resistance at 42.36 where it downside confirmation is, and could potentially drop further to 41.48.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bearish pressure from the first resistance level, in line with 78.6% fib extension and 50% fib retracement where we could see a drop to our support level where the horizontal swing low is. The EMA is also showing resistance for the price.
Copper is approaching 3.00712 where it could potentially rise further to 3.09457. A break above our intermediate resistance level at 3.06076 could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Gold is approaching 1928.51 where it could potentially rise further to 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bearish pressure from the first resistance level, in line with the horizontal swing high where we could see a drop to our support level where the horizontal pullback support is. The MACD is also showing further bearishness to come.
UKOIL reversed off its resistance at 44.18 where it could potentially drop further to 43.18.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price broke a key support level previously and is facing bearish pressure from our 20 period EMA, Ichimoku cloud and descending trend line, where we could see a drop to our first support target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Gold is approaching 1928.51 where it could potentially rise further to 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bullish pressure from the first support level, in line with the horizontal swing low where we could see a further rise up to our first resistance target where the 61.8% fib extension is. The Ichimoku cloud is showing signs of bullish pressure as well.
Copper bounced off 2.97794 where it could potentially rise further to 3.03947.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Gold is approaching 1928.51 where it could potentially rise further to 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Gold is approaching our support at 1952.39 where it could potentially rise further to 2016.43.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper bounced off 2.97794 where it could potentially rise further to 3.03947.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 1.2998 if price breaks below downside confirmation at 1.3047. Ichimoku is also indicating more bearishness to come.
