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Video: Brent Oil Price Analysis for October 2020 – Brent to $40 Before Election?

Summary:
In the present video, David Jones from Capital.com provides his forecast for Brent crude oil in October 2020. He talks about the recent moves of the commodity, the reasons behind them, and factors that will be affecting prices in the future. Next, he lists important support and resistance levels. He then turns to charts, trying to predict where prices may go next. David admits that it was hard to trade oil lately as prices were not moving far in either direction. But he risks placing a buy order in case prices will move lower, hoping that they will bounce back afterward. If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below. © Commodity Inspector for

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In the present video, David Jones from Capital.com provides his forecast for Brent crude oil in October 2020. He talks about the recent moves of the commodity, the reasons behind them, and factors that will be affecting prices in the future. Next, he lists important support and resistance levels. He then turns to charts, trying to predict where prices may go next. David admits that it was hard to trade oil lately as prices were not moving far in either direction. But he risks placing a buy order in case prices will move lower, hoping that they will bounce back afterward.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


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Vladimir Vyun
Vladimir is an online journalist with background in computer science and work experience in pension funds. He contributes news reports, fundamental analysis and sentiment forecasts to TopForexNews.com and CommodityBlog.com. His main specialization is the currencies of emerging economies and inter-market correlations with commodity and bond trading.

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