Brent remains soft
After bouncing from the 200MA we are starting to run out of steam. Here I am expecting a return back towards the 49.89 and 41.20 lows over the coming weeks.
The ECB confirmed the global slowdown is real, the risk approval has gone. We are set for lower prices via the demand side. On the technical side A break of the 200 & 50 MA's will open up the downside with the 61.8% still due for a test.
Best of luck those positioning for the coming quarters.
The ECB confirmed the global slowdown is real, the risk approval has gone. We are set for lower prices via the demand side. On the technical side A break of the 200 & 50 MA's will open up the downside with the 61.8% still due for a test.
Best of luck those positioning for the coming quarters.
Penerbitan berkaitan
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.