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CRUDE OIL OUTLOOK: WTI crude oil prices erased earlier gains and swung lower, US Dollar gained ; Demand outlook is weighed by Fed’s looming outlook of the economic recovery; Near-term momentum seems biased towards the downside, as the MACD indicator suggests We will see a rise back to $40. Putin is totally bluffing on producing oil at $25 to $30 for 6 to 10 years. He has already hinted on the willingness to talk to Opec. They cannot produce a $40 barrel of oil and then keep selling it for $30. Upward price pressures will develop. A good long trade. WTI Crude Oil Outlook for October: Speculative price range for WTI Crude Oil is 36.00 to 44.00 USD. Support at 38.60 USD looks attractive, but if punctured lower WTI could retest the 37.60 to 36.00 USD junctures if weakness develops. Resistance at around 42.00 USD looks significant, but if broken the 43.50 USD could be tested. This type of crude oil is used as a benchmark in oil pricing and the underlying commodity of NYMEX's oil futures contracts. Due to its 'lightness' and 'sweetness', WTI crude is normally selling at ... Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. ... Crude oil is one of the most in-demand commodities ...
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Weekly Forex Forecast 8th - 12th June 2020 - Duration: 10:02. ... Crude Oil Forecast for June 4th, 2020 - Duration: 2:27. Daily Market Movements 398 views. 2:27. Language: English Crude Oil Intraday Trading Strategy With Live Demo, No Indicators, New Trick 2018 BLOG LINK - http://tradingshero.blogspot.in TO JOIN OUR COURSE WHATSAPP ON ... 3 Best Picked Forex Brokers (US & INT) For Crude Oil Trading /w Review 2020 - Duration: 8:28. The Forex Tutor 11,205 views. 8:28. Forex 100 PIPS A Day Forex Trading Strategy ... Forex Strategy: How to Trade Oil (Brent Crude & WTI/USD) 💰🛢️ - Duration: 15:43. TraderNick 37,781 views. 15:43. Crude Oil Prices Explained - WTI vs Brent - Duration: 9:41. Crude Oil has fell to it's 22 year low. Is it an great opportunity to trade oil? What are best broker you should look for in terms for trading oil? Credits: Proofreading from a friend, Shirley ...