XBR

XBR Crude Oil is approaching the trend line


As we can see in the picture, Oil is getting closer and closer to a strategic place where a downward correction can take place.

XBR macro

It is puzzling that the expectations for crude oil stocks are for an increase in stocks, which should keep the rate down, but this one goes further up which may mean that individual investors do not know about certain things. We will see after the publication whether the market has overtaken the data that is yet to appear, or whether it is just investors' optimism. At the moment, personally, it remains outside the market because of an interesting place that will show the next direction only this week.

Crude Oil

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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