It will be possible?
-With the prices of various commodities above average, economies suffer from skyrocketing survival and, consequently, suffer from skyrocketing interest rates at national central banks and economic slowdown (growth).
-Could we see oil trading at $65.00 a barrel?
-The “black gold” is also included in this package, and it is the primary resource for economies around the world, as it is through it that more than 65% of products are distributed (air, road and water transport), in addition to being produced several other derivatives of this commodity.
-If an economy wants to grow, it has to control the rise in commodity prices, especially energy commodities.
-The commodity in question has been undergoing correction for a long time, largely due to the recessionary scenario to come, but, at the moment, we may have a somewhat interesting recovery, causing prices to test the range of $85.49.
-After this test at $85.49, and not having the strength to continue with the rise, we can have a sharper correction, looking for the following targets: $67.05 and $56.86.
-With the agreement to limit the price of Russian oil, I would not rule out after a short rebound, prices would seek the region of $67.05.
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews.
-Could we see oil trading at $65.00 a barrel?
-The “black gold” is also included in this package, and it is the primary resource for economies around the world, as it is through it that more than 65% of products are distributed (air, road and water transport), in addition to being produced several other derivatives of this commodity.
-If an economy wants to grow, it has to control the rise in commodity prices, especially energy commodities.
-The commodity in question has been undergoing correction for a long time, largely due to the recessionary scenario to come, but, at the moment, we may have a somewhat interesting recovery, causing prices to test the range of $85.49.
-After this test at $85.49, and not having the strength to continue with the rise, we can have a sharper correction, looking for the following targets: $67.05 and $56.86.
-With the agreement to limit the price of Russian oil, I would not rule out after a short rebound, prices would seek the region of $67.05.
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.