Light Sweet Crude Oil DECEMBER 2020 has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 11 days and suggests a target line to be around 36.1620 within the next 2 days.
Related Posts
We expect a $248 movement on LE within the next 4 hours.
Based on the last 12 Retail Sales MoM events in United Kingdom, we could see LE trend upwards…
We expect NIY to trend downwards with a 66.67% chance.
Based on the last 12 Inflation Rate YoY events in Japan, we could see NIY trend downwards right…
We expect a 818462 pip movement on C for the next 48 hours.
Based on the last 12 Deposit Facilty Rate events in Euro Area, we may expect C to trend…