Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
OIL TECHS: ICE GASOIL (H19): False Break Of 21-DMA
*RES 4: $700.00 - Resistance
*RES 3: $668.00 - Low Nov 5
*RES 2: $636.37/633.25 - 200-dma/High Mar 1
*RES 1: $629.00 - High Mar 7
*PRICE: $620.20 @ 05:34 GMT Mar 11
*SUP 1: $612.40 - 21-dma
*SUP 2: $603.50 - Low Mar 8
*SUP 3: $590.75 - High Feb 4
*SUP 4: $552.50 - Low Jan 28
Gasoil futures broke below their 21-dma on Friday but the dip was short lives
and momentum has returned to the upside once again. Bulls continue to look for a
break above the March 7 high at $629.00 to allow a retest of the 200-dma and the
March 1 high. Above here would suggest a resumption of the broader bull market.
To change the outlook bears look for a close below the 21-dma at $612.40, below
here would bring the Friday's low at $603.50 back into view.