Digital Coin News

Crude Oil Forecast: Still Looks Somewhat Lost

  • 📰 Daily_Forex
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

CrudeOil - looking for scalping opportunities or short-term swing trades:

market experienced a bit of a rally during Thursday's trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior.The $82.50 level also appears to be a significant resistance barrier, and with the 200-Day EMA racing towards that area, it is likely to be even more resistant.

However, concerns about demand may weigh on the market as the global economy may start shrinking, leading to lower demand for oil.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 567. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude Oil Forecast: Continues to Look as If It is Stuck in aDuring Wednesday\u0027s trading session, the West Texas Intermediate Crude Oil market fell slightly, reflecting the ongoing back-and-forth nature of the crude oil ma
Source: Daily_Forex - 🏆 567. / 51 Read more »