Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NATGAS managed to break its bullish trendline with a nice retest,
it has now formed a valid downtrend with the RSI confirming its direction.
If the price continues with this momentum, we may see a drop to around 6.393 or 6.523.
If the price fails to drop and break above its descending trendline, we may see a new bullish move on the bigger time frame.
USOIL has formed a bearish channel since the middle of the month. Right in the middle of this channel the price seems to be starting to stabilize because it has almost the same high as before at 79.84, it will likely be a range for the next couple of days. Oscillation between these two levels.
Fantom has a bullish channel since November 20, today it managed to break through its channel with a big bullish momentum and reach up to 261.8%.
We may see a correction around the upper boundary of the channel or the 0.1955 level.
If the price breaks below the 0.1955 level, it means that it was just a fakeout and the price may stay below 0.20 for a little longer.
Online Chat Chat with us
Email:supportsohomarkets.eu
Copyright © 2023 - All rights reserved.
SohoMarkets (Cyprus) is a Trade name of Vstar & Soho Markets Ltd which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 409/22.
Vstar & Soho Markets Ltd. provides services to residents of the European Economic Area (excluding Belgium), Switzerland, India, Indonesia, Malaysia, Philippines and Vietnam.
CLIENT AGREEMENT (TERMS AND CONDITIONS) CLIENT CATEGORISATION POLICY Complaints or Grievances Policy Conflicts of Interest Policy Cookie Policy Investor Compensation Fund Key Information Document COMMODITIES CFD Key Information Document CRYPTOCURRENCIES CFD Key Information Document FX CURRENCIES CFD Key Information Document INDICES CFD Key Information Document ENERGY CFD Key Information Document METALS CFD Key Information Document STOCKS CFD Order Execution Policy Privacy Policy Risk Disclosure Execution Quality Summary Statement 2022 Disclosure and Market Discipline Report 2022