We are flat with #Gas | 09 Tháng sáu 2023

#Gas weekly

We are flat with #Gas

Technical observation

#Gas broke below the zone 5.076-4.915 the declined steadily to the supportive level 1.531 and it is currently trading with an increasing bullish bias. This upwards movement is a correction to the resistance zone 5.076-4.915 and I expect a rise to the same zone followed by a possible bounce within it, My advice, remain neutral and wait for a correction to the zone I mentioned earlier then buy a bounce within it with your take profit at 1.531 and stop-loss at 6.084. In case of a break below the level 1.531, you can expect the value of this commodity to plunge further; on the other hand, I anticipate bullish movements above the zone 5.076-4.915.

Trade recommendation

 

Remain neutral.

#DJI30 weekly

We are flat with #Gas

Technical observation

#DJ130 is trading with an increasing bearish bias between the supportive zone 29130-28734 and a resistance level 36396, this downwards movement is a correction to the zone indicated above and I expect a possible rejection within it. My advice, remain neutral and wait for a correction to the zone 29130-28734 then buy a bounce within it with your take profit at 36396 and stop-loss at 26575. If the price breaks above the level 36396, I expect #DJ130 to ascend after a pullback to the broke line, on the other hand should there be a clear penetration below the zone 29130-28734, possible bearish movements towards the level 18582 is expected.

Trade recommendation

Remain neutral.

#Brent weekly

We are flat with #Gas

Technical observation

 The value of the commodity on the chart above has been trading with an increasing bearish bias for a while now and this week I expect it to decline even further. If you already sold #Brent within the zone 89.08-86.78, you can remain in the trade with your take profit at 46.07 and stop-loss at 103.06. If there is a clear break below the level 46.07, wait for a pullback and a bounce at it before you continue short towards the lower supportive level 19.15, on the chart above, as long as the value of #Brent is sustained below the zone 89.08-86.78, only short positions look ideal and can be recommended.

Trade recommendation

Remain short with your take profit at 46.07.

Imelda Maseno
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:

Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .