Miami FoB prices continue to move towards the blue upsloping trend line. The oscillators are in their lower range of past displacements.
Category Archives: Technical Analysis
The Oslo FoB prices continue to fall. Next major support area is around the 68 NOK to 70NOK price area marked on the chart as sold and dashed green horizontal lines.
The Miami FoB market price appears to be moving towards the blue uptrend line and/or the green horizontal support line.
Oslo FoB prices have broken below the 91.95NOK support area and are close to the 86.63NOK support zone.
The Miami FoB prices have held the red price moving average.
The Oslo FoB prices have been moving sideways during the last week of trading.
The Miami FoB prices broke below the green horizontal support line. Prices are now on top of a red price moving average.
The Oslo FoB price continues to move sideways to down. There is a black diagonal upward sloping support line and a horizontal price support line at 96.03, very close to the Oslo FoB current price.
The Miami FoB market price continues to come down modestly. Prices are currently at a green horizontal support line and at a price moving average that should provide support for prices.
The Oslo LFEX index prices continue sideways in a consolidation. The first thing that jumps out at me is prices have broken below the brown upward sloping trend line, a solid green horizontal support line and a black price moving average line.