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Weekly Commodity and Currency Analysis by Rhb Invest is a document available to read on EtoBox.

What is Weekly Commodity and Currency Analysis about?

Light Sweet Crude Oil futures (Crude) ♦ After losing its strength for three consecutive weeks, the US Light Sweet Crude Oil futures recorded a positive candle on the chart last week, following a“hammer” candle registered earlier. ♦ The Crude also managed to survive at above thecritical UTL support level near US$72, though it has yet to remove the 40-week SMA near US$76.5. ♦ However, coupled with the upbeat 14-week RSI and the fresh “buy” signal on the stochastic oscillators, the Crude could turn even mor

Author

Rhb Invest

Language

EN