Sat, Dec 21, 2024 @ 14:27 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisBrent Oil At New Highs

Brent Oil At New Highs

MultiBank Exchange Group
By MultiBank Exchange Group

Price is strongly bullish and could take out the resistance from the sliding line (SL) in the upcoming days, a valid breakout from the descending channel will drive the rate towards the next upside target from $53.03 per barrel. Brent could take advantage of the weaker dollar to reach new highs in the upcoming period.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.