Panjang
Carbon could test €30 in the short-term
Carbon (EUA) is a very technical market, as you can tell from my previous charts. Dec20 contract breached a strong resistance level and it could aim for €30/t. Additional support has been felt by fundamentals and Brexit developments.
In the short-term, the market could be bullish and attempt to set a new trading range, above the €26/t. That said, I doubt EUAs will remain bullish until 31st of October (Brexit new deadline). Strongly believe volatility will remain quite high due to several upcoming data announcements - later in the summer and in September.
A
In the short-term, the market could be bullish and attempt to set a new trading range, above the €26/t. That said, I doubt EUAs will remain bullish until 31st of October (Brexit new deadline). Strongly believe volatility will remain quite high due to several upcoming data announcements - later in the summer and in September.
A
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.