Buyers with there foot gently on the break
Updated
- We see that oil in currently in a sideways market at the moment hitting a resistance line
- We should expect for oil to be bearish due to the hitting of a resistance line, however the moment while fading is not yet as strong as we might have hopped for.
- Depending on the OIL reserve news to come out on Wednesday should give us a better picture of whether or not oil will be bearish.
- Check out the CAD analysis as OIL and cad go hand in hand
Lets wait and see if this week will be the oil week
- We should expect for oil to be bearish due to the hitting of a resistance line, however the moment while fading is not yet as strong as we might have hopped for.
- Depending on the OIL reserve news to come out on Wednesday should give us a better picture of whether or not oil will be bearish.
- Check out the CAD analysis as OIL and cad go hand in hand
Lets wait and see if this week will be the oil week
Order cancelled
Due to the oil reserves being low oil price is pushing higher. Looks like the trade to go short isn't a good idea.
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