LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

WTI broke key resistance level 58.000; Likely to rise to 59.310

 

WTI recently broke above the key resistance level 58.000, which was set as the likely upward target in our earlier forecast for this instrument. The breakout of this resistance level should accelerate the active impulse wave (iii) and iii – which belongs to the medium-term impulse wave 3 from the start of October. WTI is likely to remain under the bullish pressure and to extend the gains toward the next resistance level 59.310 (top of the previous wave (b) from September and the target for the completion of the active impulse (iii)).

Company Info

We are a forex and commodities intermediary that accommodates wide-ranging trading services to create the most user-friendly trading environment for both retail and institutional clientele. With years of gathered expertise as experience, we are not just invested in keeping up with the latest but also in generating custom solutions that are executable swiftly. Discover and flourish in our business model that has evolved to meet the skills of ace and naïve of a tyro with equal proficiency. If you’re looking to make the choice, then wait no further.