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Market Update: Oil

jeffriess
สิงหาคม 31, 2020
by Joseph Jeffriess, Market Analyst

Hi traders, today we return to Oil as buyers once again hint at a possible continuation, is this their time or we will see price continue to remain range-bound?

The key levels we would like to see beaten to the upside are $43.50 and $43.60. Price has shown solid support from $42.40 and on the very short-term $42.94. But if we see today’s price move back to those levels price would look set to continue in its current range.

Today’s Market Analysis Video

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