USOIL is now as cheap as it was at the start of 2018. In part, the past month or two of selling has been due to a massive increase in supply.
Both in the USA and from OPEC's actions.
I'm expecting that oil will recover and gain for a couple weeks. This could give strength to the CAD for a short time.
After that, it's a crapshoot. Keep an eye on the news.
-Osbetel
Both in the USA and from OPEC's actions.
I'm expecting that oil will recover and gain for a couple weeks. This could give strength to the CAD for a short time.
After that, it's a crapshoot. Keep an eye on the news.
-Osbetel
註釋
Clearly my entry point was wrong. Current support for USOIL is around 55 - 52.
註釋
We have a rebound. Watching for further movement or a potential retest.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。