Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Commodities, Stocks, and Indices
Crude Oil Updates by Solid ECN
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="SOLIDECN, post: 213466, member: 80239"] [HEADING=1][JUSTIFY]Crude Oil - Markets fear restrictions on oil imports from Russia[/JUSTIFY][/HEADING] [JUSTIFY]The quotes moved to corrective growth after it became known that the European authorities are intending to return to the issue of setting a maximum price level for the oil supply from Russia. Initially, such an initiative was not supported by all the states of the EU (Hungary and Cyprus were opposed), but yesterday, the head of the European Commission, Ursula von der Leyen, said that restrictions could appear in the new, already eighth package of sanctions against the Russian economy. The European Union also intends to limit the import of products to up to 7B euros and prohibit EU citizens from entering the management bodies of Russian companies, which is now quite common. Thus, investors fear that by December, the region will experience not only a shortage of gas, the supply of which has practically ceased after reports of the destruction of three pipelines of the Nord Stream system near the Danish island of Bornholm but also oil due to a "mirror" response to the introduction of sanctions by official Moscow. [img]https://i.ibb.co/Rj0TX2x/oil.png[/img] On the daily chart, the price is moving within a downwards corridor, falling towards the support line. Technical indicators maintain a sell signal: fast EMAs of the Alligator indicator are below the signal line, and the AO oscillator histogram forms downward bars in the sell zone. [B]Resistance levels[/B]: 89.68, 97.1 | [B]Support levels[/B]: 82.54, 76.2[/JUSTIFY] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…