Hello Traders,
With the start of this month, the OPEC+ cartel agreed to start cutting oil supplies from the market to push the prices up,
As the chart is showing, we already had a bying impulse from the level of 50$ and it is expected to continue of the upside.
Big market players are forecasting a higher Oil prices during 2019.
Goldman Sachs & Morgan Stanely : 70$ .
UBS : 80 $.
Trade with care,
Never risk more than 1% of your captial to the market.
With the start of this month, the OPEC+ cartel agreed to start cutting oil supplies from the market to push the prices up,
As the chart is showing, we already had a bying impulse from the level of 50$ and it is expected to continue of the upside.
Big market players are forecasting a higher Oil prices during 2019.
Goldman Sachs & Morgan Stanely : 70$ .
UBS : 80 $.
Trade with care,
Never risk more than 1% of your captial to the market.
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