empty
 
 

18.08.2022: Oil prices likely to surge. Outlook for oil, gold, RUB.

loader
pregledi
Amid a deepening energy crisis in Europe, Brent oil again tried to fall below $92 a barrel but then rebounded to $94. The outlook for energy supply in the coming winter is worsening. There are reports that a number of European metallurgical enterprises have suspended operations at their facilities due to the lack of energy. Against this background, oil prices should go up, but this is not the case. This can be attributed to a speculative attack, which is likely to lead to a steep rise in oil prices. The worst thing is that this can happen at any moment. In the meantime, Brent crude oil futures pulled back and returned to the previously broken level of $93 per barrel, where the volume of long positions decreased. In this situation, the most likely scenario suggests a sideways move between the levels of 91.50 and 94.50. Thus, the asset’s further direction will depend on its breakout through one or another boundary of the range. Gold has finally managed to get out of a relatively tight corridor and is now approaching the level of $1,760 per ounce. The asset has already lost 2.3%. However, sellers are expected to face the 1,750 mark, which may act as a variable pivot point. Thus, if the price fixes below 1,750 on the four-hour chart, the volume of short positions will increase further. Otherwise, a pullback cannot be ruled out. Apparently, steadily rising inflation, including in the UK, has finally convinced investors that major central banks will hardly temper the pace of coming interest rate hikes. On the contrary, there is a likelihood that the regulators will take a more aggressive stance on inflation. This in turn makes many financial instruments such as gold less attractive. At first glance, the situation with the ruble remains unchanged. However, yesterday the price made another attempt to go below the mark of 60 rubles per dollar. This again suggests that the Russian currency may soon resume its bullish run. In this case, the Bank of Russia and the Ministry of Finance will be forced to take some immediate and tangible steps to weaken the national currency.

https://www.instaforex.com

FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv

Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests

List of official InstaForex blogs:
https://www.facebook.com/instaforex
https://www.instagram.com/instaforex/
https://twitter.com/InstaForex

#commodity_market #oil #instaforex_tv

00:00 INTRO
00:12 OIL
00:42 BRENT
01:08 GOLD
01:36 QUOTES
02:01 USD | RUB
← nazad na listu sa video materijalima

TV pregled trzista

TV pregled trzista

Geografija uz InstaForex

Geografija uz InstaForex

InstaForex TV kalendar

InstaForex TV kalendar

InstaForex TV intervju

InstaForex TV intervju

Ne možete da razgovarate sada?
Postavite pitanje kroz ćaskanje.