Oil prices fell due to the coronavirus in China and anti-Russian sanctions
Resumen de análisis técnico Gas natural vs Petróleo WTI: Comprar
| Indicador | Valor | Señal |
| RSI | Neutral | |
| MACD | Comprar | |
| MA(200) | Comprar | |
| Fractals | Comprar | |
| Parabolic SAR | Comprar | |
| Bollinger Bands | Comprar |
Análisis gráfico
On the daily timeframe, GAS/OIL: D1 is in an uptrend and has broken through the triangle resistance line upwards, as well as the 200-day moving average line. Some indicators of technical analysis have formed signals for a further increase. We do not rule out a bullish movement if GAS/OIL: D1 rises above its most recent high of 1.5. This level can be used as an entry point. Initial risk cap is possible below the lower Bollinger band, Parabolic signal, 200-day moving average line and 4 lower fractals: 1.12. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders, after making a trade, can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (1.12) without activating the order (1.5), it is recommended to delete the order: there are internal changes in the market that were not taken into account.
Análisis fundamental de -
In this review, we propose to consider the PCI &GAS/OIL. It reflects the dynamics of changes in the cost of American natural gas relative to American WTI light oil. Will GAS/OIL quotes rise?
Their rise means that natural gas is in higher demand than oil. Natural gas in the US is often used for heating. Demand for it may increase with the onset of cold weather. The Atmospheric G2 agency predicts a decrease in air temperature in the United States. An additional positive for natural gas quotes may be a message from the US Energy Information Administration on the growth of its stocks in the US for the week less than expected. In turn, oil is getting cheaper amid an increase in the number of coronavirus cases in China, as well as in anticipation of the start of new European economic sanctions against Russia on December 5. They suggest limiting the price of Russian oil.