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RobertSoos
7. Mrz. 2016 09:52

Strong bullish momentum in oil market Long

Crude Oil (WTI)FXCM

Beschreibung

US oil output in decline, rig count data dropped below 500; these are the two main fundamental drivers of WTI crude oil. I expect to see profit taking in oil longs around the 41-42.50 levels.

In FX watch out for CAD and NOK directions.
Kommentare
RobertSoos
Very interesting to see this weeks inventory data as Doha meeting is approaching. Wouldn't be surprised to see a break above 44$ in crude oil.
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