Trading WTI oil futures in the forex market
WTI crude oil futures news
Keith Abnett BRUSSELS (Reuters) - The European Union is preparing to ban Russian oil imports, with possible exceptions as ministers.
PARIS (Reuters) - European stock markets closed lower on Monday amid uncertainty about economic growth that could occur in the next few days.
BRUSSELS (Reuters) - Germany is ready to back a European embargo on Russian oil, German Economy Minister Robert Habeck said on Monday.
WTI crude oil futures analysis
In general, large-cap profits are not conducive to rising markets. The S&P 500 is posting its biggest daily decline since June 2020 and its biggest monthly decline.
Oil prices continue to hover around $100 ahead of health, economic and geopolitical news
China is expected to strengthen its position as an economic powerhouse and leader in the fight against COVID this week, increasing downward pressure.
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Technical summary
Discussion of futures for WTI crude oil
graphically we will finally close this 92 gap in 1 or 2 days, the strength of today's bearish candles + daily candle in reverse hammer to see :)
Please stop technical analysis for at least 1 month. People are wasting money listening to you. This is a very unstable and difficult situation to analyze. It's just a casino even in the long run
the only thing to do is buy the lows and sell the highs of previous candles, remove your technical indicators other than the rsi, look at your chart, this is just a tip
Strengthening health measures in Beijing from May 5, on the one hand, the war that leads to higher prices, and on the other hand, the problems with COVID in China?? Could it drop from next week??
strongly next week gold and oil will rise strongly, oil may exceed 110 and gold may reach 1950 another time, this is a crisis, this is the logic of rising prices, even countries could not easily control this crisis, for us investors and speculators , we must protect our investments well, especially at this time, do not take risks and study the market well
Are you sure? If we look at the one day chart, you have a descending triangle, if we break the 95 line, this is first of all a serious decline! Get back to the niche! Be smart and stand your ground when needed
ha ha ha, I tried to sell at 107.97 and suddenly the price dropped to 103.98. Today I have earned a lot myself and I am leaving the market
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