The USOil rallied as much as 1.3% on Friday after the Fed’s favorite gauge for U.S. inflation came in beyond expectation for April, indicating that the central bank will raise interest rates again in June and July versus expectations for a pause.
USOILSPOT Fundamental Factors: However, following the U.S. president's announcement via his Twitter handle on Saturday that the much-awaited deal to raise the U.S. debt ceiling has been reached, the potential of the currency and commodity markets to embark on a new wave of risk-taking - after weeks of fear about a government default on payments is now high. Now that the threat of a default is out of the way, assets, including commodities, could move higher when markets reopen on Tuesday after Memorial Day weekend.
USOILSPOT Technical Analysis: In this video, we considered the USOILSPOT Support and Resistance Levels identified on the 4H timeframe as a yardstick to guide trading activities and the USOILSPOT Price Forecast ahead of the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USOILSPOT Fundamental Factors: However, following the U.S. president's announcement via his Twitter handle on Saturday that the much-awaited deal to raise the U.S. debt ceiling has been reached, the potential of the currency and commodity markets to embark on a new wave of risk-taking - after weeks of fear about a government default on payments is now high. Now that the threat of a default is out of the way, assets, including commodities, could move higher when markets reopen on Tuesday after Memorial Day weekend.
USOILSPOT Technical Analysis: In this video, we considered the USOILSPOT Support and Resistance Levels identified on the 4H timeframe as a yardstick to guide trading activities and the USOILSPOT Price Forecast ahead of the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
액티브 트레이드:
Secure sell position while we look out for more opportunities
액티브 트레이드:
Fallout from our live session today; secure sell positions
거래청산: 타겟 닿음:
TP target hit with over 500 pips in profit on 3 positions. I want to see a retest of the 71.00 level for more selling opportunities.
코멘트:
After hitting TP target yesterday, price action appears to have found temporary support as we continue to observe buying pressure around the 69.00 level in the last 12 hours. So, we are going to wait patiently to see how price action reacts to this new structure for our next line of action. We shall discuss this in detail during our live session.
Good Morning
Good Morning
액티브 트레이드:
Fall out from our morning live session today; 150 pips running in profit; secure sell positions
액티브 트레이드:
Price action takes out the sell position with a small profit as it comes back to entry to trigger another sell position. Update coming soon
액티브 트레이드:
15 minute timeframe OUTLOOK
A simple setup is identified and trendline remains our guide for trading opportunities going forward
A simple setup is identified and trendline remains our guide for trading opportunities going forward
액티브 트레이드:
Secure sell positions
매매 수동청산:
Price action takes out the last sell position with a small profit. After a long bearish impulsive move that started this week, price action appears to have found demand as it gradually transitions into a potetnial reversal structure as sellers find it difficult to find lower low.
Happy new month!
Happy new month!
코멘트:
UPDATE
액티브 트레이드:
Secure all buy positions
액티브 트레이드:
Secure buy positions
Good MOrning
Good MOrning
코멘트:
#USOIL SPOT
OUTLOOK on the 30-minute timeframe
OUTLOOK on the 30-minute timeframe
액티브 트레이드:
Fallout from our live session this morning
Another buy position was triggered at the breakout of the 71.00 level
Another buy position was triggered at the breakout of the 71.00 level
액티브 트레이드:
Just as discussed during our live session, another buy position is triggered. Secure positions now
액티브 트레이드:
UPDATE
The market remains choppy as buyers struggle to break through this current structure
The market remains choppy as buyers struggle to break through this current structure
액티브 트레이드:
Ensure the buy positions are secured. I'm concluding for the week...
Wishing you all a good night and a weekend filled with bliss.
Wishing you all a good night and a weekend filled with bliss.
Trade smart. Trade consciously
Good Morning