3 min readOIL (WTI/USD | BRENT):
Oil is currently trading at approximately $71.49, making it an interesting asset to watch in the coming years, particularly with Trump’s election.
Examining the technicals more closely, it’s clear that if prices continue to rise, the internal resistance area around $78.00 will be a key level to watch. Conversely, if prices decline, I’ll be interested to see how the support level near $66.00 holds up.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
