Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Weekly USOIL Levels, Epic New Home Sales Report!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="davidck9, post: 328972, member: 104630"] This morning’s US economic calendar features two reports from the US real estate market. First, Building Permits came in up 1.8%, well above 1.1% expected, and -4.5% previous. Second, New Home Sales came in at 679,000, a -5.6% plunge month over month. Real estate metrics are typically viewed as being leading economic indicators. These numbers suggest that contraction may be the case as we roll into 2024. Here are a few key resistance levels worth watching in USOIL this week: Weekly 38% Retracement, 78.95 Weekly Bollinger MidPoint, 80.73 Weekly Exponential Moving Average (EMA), 80.59 Weekly 50% Retracement, 81.03 If we see crude oil prices rally, these resistance levels will give us some solid chances to sell. For now, I’ll be looking to sell USOIL from the 78.72 area. With an initial stop loss in the neighborhood of 79.30, this trade has a great shot a producing 60+ pips on a near-1:1 risk vs reward trade management plan. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Weekly USOIL Levels, Epic New Home Sales Report!
Top