OIL UP, REMAINS ABOVE $75 MARK, AS MARKET CONTINUES TO TIGHTEN
Brent Oil was trading 0.10% down at $77.16.
Brent oil futures rose 1.20% to $78.16 by 10:36 PM ET (2:36 AM GMT) and WTI futures jumped 1.27% to $74.92. Both Brent and WTI futures were above the $75 mark, with the former hitting its highest level since October 2018.
Brent Oil , RSI Stood at 64.115, the current price is trading Above All the Moving Averages . So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL-Brent Oil– Buy: 77.10, TARGET:-83.10, STOP LOSS:- 74.10.
https://www.capitalstreetfx.com/en/oil-up-remains-above-75-mark-as-market-continues-to-tighten/
#CrudeOil #BrentCrude #WtiCrude #TradeSignal #TradeAnalysis #MarketForecast #TradeSuggestion
Brent Oil was trading 0.10% down at $77.16.
Brent oil futures rose 1.20% to $78.16 by 10:36 PM ET (2:36 AM GMT) and WTI futures jumped 1.27% to $74.92. Both Brent and WTI futures were above the $75 mark, with the former hitting its highest level since October 2018.
Brent Oil , RSI Stood at 64.115, the current price is trading Above All the Moving Averages . So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL-Brent Oil– Buy: 77.10, TARGET:-83.10, STOP LOSS:- 74.10.
https://www.capitalstreetfx.com/en/oil-up-remains-above-75-mark-as-market-continues-to-tighten/
#CrudeOil #BrentCrude #WtiCrude #TradeSignal #TradeAnalysis #MarketForecast #TradeSuggestion
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