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Crude-oil

BRENT.CMD/USD 4H Chart: Likely to hit $70 markThe BRENT.CMD/USD pair has been trading in a medium-term ascending channel pattern since the end of December 2018. The pair re-tested the lower boundary of the channel pattern at 66.50 during last week’s trading session. As for the near future, it is likely that the Brent crude oil prices will continue to appreciate and potentially hits the $70 mark before the end of March trading session. Moreover, the three simple moving averages are below the price level, and technical indicators suggest that bullish traders could push the commodity prices further north.
TVC:UKOILLong
by UnknownUnicorn890690
Expertcrudeoil - intraday trading in crude oil?Indicators play a major as well as significant role in intraday traders particularly for the beginners for trading. All markets, but especially crude oil are only based on supply and demand. Supply and demand are what makes price in any market move from one value area to another, nothing else. My best indicator is MACD & Bollinger band Moving Average Convergence Divergence - MACD The MACD is calculated by subtracting the 26-period EMA from the 12-period EMA. The MACD triggers technical signals when it crosses above (to buy) or below (to sell) its signal line. The speed of crossovers is also taken as a signal of a market being overbought or oversold. The MACD helps investors understand whether bullish or bearish movement in the price is strengthening or weakening. Bollinger band Bollinger Bands are a dynamic indicator which means that they adapt to changing market conditions and, thus, have benefits over other standard indicators which are often perceived as ‘lagging’. There are just a few things you need to pay attention to when it comes to using Bollinger Bands to analyse trend strength : During strong trends, price stays close to the outer band If price pulls away from the outer band as the trend continues, it shows fading momentum Repeated pushes into the outer bands that don’t actually reach the band show a lack of power A break of the moving average is often the signal that a trend is ending Visit here : Expertcrudeoil
NASDAQ:AAPL
by expertcrudeoil