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Wednesday, December 26, 2018 10:06:09 AM
OIL (CL/WTI): Fundamental Review and Forecast
Oil is still in search of the price minimum of the year. Amid negative sentiments on the market, it is unlikely that prices will be restored quickly. However, in the long term the deals to BUY seem the most effective.
The rapid downward trend formed in October 2018 continues. A few months ago almost nobody assumed a drop in prices below $50, but this psychological mark was successfully overcome after a month of testing.
More information see here
https://superforex.com/analytics/oil-cl-wti-fundamental-review-and-forecast/?x=FORUMS
Oil is still in search of the price minimum of the year. Amid negative sentiments on the market, it is unlikely that prices will be restored quickly. However, in the long term the deals to BUY seem the most effective.
The rapid downward trend formed in October 2018 continues. A few months ago almost nobody assumed a drop in prices below $50, but this psychological mark was successfully overcome after a month of testing.
More information see here
https://superforex.com/analytics/oil-cl-wti-fundamental-review-and-forecast/?x=FORUMS
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