Local Restrictions
Our systems have detected that you are in the European Union and as such you are now being redirected to windsorbrokers.eu which services EU clients and is operated by Windsor Brokers Ltd. 
القيود المحلية
لقد اكتشفت أنظمتنا أن موقعك داخل الاتحاد الأوروبي، وبالتالي سيتم إعادة توجيهك إلى Windsorbrokers.eu، الذي يخدم عملاء الاتحاد الأوروبي ويتم تشغيله بواسطة وندسور بروكرز ليميتد.
محدودیت های منطقه ای
سیستم‌های ما تشخیص داده‌اند که مکان شما در اتحادیه اروپا است و بنابراین شما به windsorbrokers.eu هدایت می‌شوید، که به مشتریان اتحادیه اروپا خدمات می‌دهد و توسط Windsor Brokers Ltd اداره می‌شود.

Oil prices continue to rise on brighter demand outlook

WTI oil price rose further on Thursday, extending gains above psychological $80 barrier and looking for the first daily close above this level since Nov 6.

Near-term bullish sentiment improved after the latest International Energy Agency’s report showed an upward revision to demand growth forecasts and cut in 2024 supply forecast.

The data brightened oil’s near-term outlook and provided fresh tailwind to oil’s prices which rally for the second consecutive day and pressure key barriers at $80.83/$81.3 (2024 high od Mar 1 / 50% retracement of $95.00/$67.70 downtrend).

Technical studies on daily chart show strengthening positive momentum and moving averages in full bullish setup, which adds to bullish outlook.

Daily close above $80 to generate initial bullish signal, with sustained break above $80.83/$81.35 to confirm bullish continuation and unmask target at $84.57 (Fibo 61.8%).

Broken $80 level now offers immediate support, with dips to ideally find ground above rising 10DMA ($78.91).

Caution on failure to close above $80 which would signal extended sideways mode.

Res: 80.83; 81.35; 82.00; 82.21
Sup: 80.00; 79.55; 78.91; 78.20