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Let's Gain - The Professional Signals Provider - Signals, Trading Systems, Technical Analysis

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Aug 21st
Home arrow Archive arrow Free space for a crude jump

Free space for a crude jump

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Sunday, 27 January 2008
Crude Oil future march delivery has a lot of space to freely run upwards. Technically it bounced on two consistent supports after a constant fall from over 100$ touched the first trading day of the year. Many factors will push the crude price up again, first resistance at 94,05 $. Fed expected rate cut and Opec meeting on Friday 1st february are the main topics to speculate on crude price. USD is lower again and this leads commodities' prices higher.
 
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CRUDE OIL Future  commodities  crude oil  future  speculate  speculation  supports 




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