I-USOIL (i-WTI) Iphula i-Overhead Resistance kwi-73 yeedola, iFikelela kwiNgingqi eNcinciweyo

UAzeez Mustapha

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Ukuseta imizuzu eli-10 kunye neenzuzo ezinkulu. Incwadi yesikhokelo ibonelelwe ngokuthenga.

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79% izinga lempumelelo. Iziphumo zethu ziya kukuvuyisa.

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Ukuya kuthi ga kwi-70 yorhwebo ngenyanga. Kukho ngaphezu kwe-5 izibini ezikhoyo.

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Imirhumo yenyanga iqala kwi-£58.


Amanqanaba okuGxila aphambili: $ 80.00, i-$ 84.00, i-$ 88.00
Amanqanaba enkxaso aphambili: $ 66.00, $ 62.200, iirandi ezingama-58.00

USOIL (WTI) yeTrend yexesha elide: Ukuthwala
USOIL is in an upward move as it reaches an overbought region. The index price has broken above the 21-day SMA. The bullish momentum is ongoing as price approaches the 50-day SMA. The bottom line is that if price breaks above the 50-day SMA, the upward move will be accelerated. Presently, the index is trading at $73 at press time. The upward move is doubtful as the market reaches an overbought region. Meanwhile, on December 9 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that WTI will rise to level 1.618 Fibonacci extension or $ 79.19. From the price action, the market has reached a high of $73.72.

USOIL (WTI) Breaks Overhead Resistance at $73, Reaches Overbought Region
USOIL - Itshathi yemihla ngemihla

Ukutsalwa kwezalathi zemihla ngemihla:
The recent uptrend has pushed USOIL to level 52 of the Relative Strength Index for Period 14. WTI is in the bullish trend zone and capable of rising to the upside. The 21-day and 50 –day SMAs are sloping sideways.

USOIL (WTI) phakathi kwexesha eliphakathi: Ukuhlengahlengiswa
On the 4-hour chart, USOIL is in a sideways move. The index has been fluctuating below the $73 overhead resistance. Today, the overhead resistance has been broken as price reaches the high of $73.95.

USOIL (WTI) Breaks Overhead Resistance at $73, Reaches Overbought Region
USOIL – 4 H-our Chart

Isalathisi seeyure ezingama-4 Ukufunda
The index is above the 80% range of the daily stochastic. The index has reached the overbought region. Sellers may emerge to push prices down. The current uptrend may face rejection in the overbought region. The 21-day line and the 50-day line SMAs are sloping horizontally indicating the sideways.

Imbonakalo Jikelele yeUSOIL (WTI)
USOIL is in an uptrend as it reaches an overbought region. The overhead resistance has been broken as price reaches an overbought region. The upward move is doubtful as the market reaches the overbought region. The Fibonacci tool has indicated that the market will reach a high of $79.

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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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