Brent Crude Oil has drifted towards 2020 high of $71. Next potential objectives are located at $65/63, economists at Société Générale report.
50-DMA at $83 should cap upside
“Brent has given a break below the sideways consolidation since December denoting resumption in downtrend.”
“Daily MACD is at a higher level as compared to previous lows. However, it is anchored within negative territory denoting lack of upward momentum.”
“Signals of a large bounce are not yet visible; the 50-DMA at $83 should cap upside.”
“Next potential objectives are located at $65/63, the 61.8% retracement of the whole up move during 2020 and 2022.”
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن