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Brent Crude FuturesBB

Brent Crude Futures

68.78USD / BLLD
+0.02+0.03%
As of today at 05:59 GMT
USD / BLL
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BRN1! trade ideas

BR1! - Looking forward TP89Pull Up condition : 1) BRENT has BO Level-1 and expecting to reach Level-2 of Raising Stage (F) at 89.37+/- 2) Tricol+ indicator - Banker's sentiment (red) reach above 75%, trapped fund (turquoise) has gone. Support & Resistance: S : 82.56 (Level-1) (-2.76%) R : 89.37 (Level-2) (+5.27%) Disclaimer: Opinion above is solely for the purpose of education/case study/opinion sharing only. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
RUS:BR1!Long
by TheWinningDay
BRN1! (D) Support & Resistance Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations. Burada yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, bireylerin risk ve getiri tercihleri ​​dikkate alınarak bireysel olarak sunulmaktadır. Burada yer alan içerik, yorum ve tavsiyeler hiçbir şekilde yol gösterici olmayıp genel niteliktedir. Bu öneriler finansal durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak bir yatırım kararı vermek, beklentilerinizi karşılayan sonuçlar vermeyebilir.
ILong
by cryptofreezone360
Cheap Oil Isn't Green!Oil is going to boom like it never has before, we're going to see oil top $200+/barrel. This will be the result of several interacting factors. Many soon-to-be vaccinated Americans with government stimulus in their pockets will the hitting the road for epic vacations in the coming months. The entire population has cabin fever, thanks to year-long pandemic lockdowns followed by a harsh, bitter winter. The spring/summer/fall of 2021 will be the summers of the 1960's and Route 66 on steroids. Many folks think they're gonna hit the road and stretch that $1400 as far as it'll carry them, but oil prices are going to put a damper on the drive. The sheer pent up demand is going to push oil very quickly to $75 at a minimum. We'll likely see $100 by early summer. Biden hates oil, he killed the Keystone XL pipeline on day one in office and has been very clear about his negative sentiment toward pulling oil or gas out of federal land. This is only the tip of the iceberg. Americans love and drive the wheels off of their behemoth SUVs. These vehicles get atrocious fuel economy and are without doubt viewed as a serious threat to the climate by the green-minded political party now in power. Many investors seem to believe that a simple government decree-- "Only electric cars by 20XX"-- will the the lever that shifts the population away from fossil fuel. So everyone buys Tesla and goes back to sleep. This is incorrect. The true behavior changing lever will be the price at the pump. Gasoline prices will be pushed so high that the only logical response will be to get back into hybrid, electric, or ultra efficient gas-burning sedans. This wave is coming. Governmental policies, taxes, etc, will drive Brent up towards $200 + over the next few years.
ILong
by scottybfx
2
Top for this great Oil bull market since those negaSimilar extreme price activity in Oil. One has to wonder if sometimes, the mood of one market has been transferred to others. It seems to have been a volatile emotional day all round. The difference in price behaviour on the day however, is that Oil has so far not seen any of the recovery equities achieved. While Goldman Sachs has just come out with a $90 forecast this year, the forecast here is in exactly the opposite direction at $65.00. With further potential stretch risk as low as $61.50. This forecast is based on both the price action behavior of the past week, what a reasonable correction to the huge trend from sub-zero would look like, and, the fundamental upheaval in OPEC perhaps freeing up production. While at the same time, demand could be foppish due to the extreme prices now being seen at the fuel pump. The overall medium term upside pressure of the US dollar continued, reasserting itself significantly in New York.
I
by WilliamDing