Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

ICE GASOIL: (Z17) $532.75-538.75..........>

OIL TECHS: ICE GASOIL: (Z17) $532.75-538.75 Support Key Today
*RES 4: $569.98 - Daily Bull channel top 
*RES 3: $552.25 - Monthly High Nov 4 2015 
*RES 2: $550.50 - Monthly High Sept 26 
*RES 1: $549.50 - Hourly resistance Oct 30
*PRICE: $546.75 @ 0430GMT
*SUP 1: $542.75 - Hourly support Oct 27 
*SUP 2: $538.75 - High Oct 16 now support 
*SUP 3: $532.75 - Low Oct 27 
*SUP 4: $526.06 - 21-DMA
*COMMENTARY: Support emerging on dips back towards the 21-DMA provided the
impetus for a break higher that sees immediate bullish focus on $550.50-552.25.
Bulls need a close above $552.25 to shift focus to the daily bull channel top.
Layers of support remain with bears needing a close below $538.75 to ease
bullish pressure and below $532.75 to initially pressure the 21-DMA.

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.