PU Prime App
Exclusive deals on mobile
PU Prime App
Exclusive deals on mobile
Hold The Global Markets In Your Hands
Our trading mobile app is compatible with most smart devices. Download the App now and start trading with PU Prime on any device, anytime and anywhere.
21 August 2024,01:58
Trade Of The Day
21 August 2024, 01:58
* Crude Calm: Crude oil prices have declined amid expectations of easing tensions in the Middle East, following diplomatic efforts in the region and rising U.S. crude inventories. U.S. Secretary of State Antony Blinken concluded a Middle East visit aimed at facilitating a ceasefire in Gaza. Blinken, along with mediators from Egypt and Qatar, has raised hopes for a U.S. “bridging proposal” that could help narrow the divide in the 10-month conflict. On the data front, U.S. crude oil inventories reportedly increased by 347,000 barrels last week, according to sources citing American Petroleum Institute figures on Tuesday.
* Technical Breakout: Crude oil price was traded lower following prior retracement from its high level. MACD which illustrate diminishing bullish momentum signal suggest the commodity to likely extend its losses.
* Resistance and Support: If the bearish momentum persists, there’s a strong likelihood that the price will potentially head towards 71.45. Conversely, a potential reversal is also to be expected and the price could head back towards 75.80.
Understand how technical analysis can help you in this trading opportunity.
Looking ahead, investors will seek further insights from the official U.S. government inventory data, expected to be released on Wednesday. Additionally, the market will closely watch developments in the Middle East.
Know how to manage trading risks with risk management strategies.
Stay updated on US data, Middle East tension, central bank updates and any shifts in the US Dollar’s strength by following PU Prime’s market insights and daily financial news.
Grab the trading opportunity and dive into the action risk-free with a free demo account. It is the perfect way to hone your skills and explore the exciting world of trading!
Open Your Free Demo Account And Start Trading Risk-Free
Join Now
Disclaimer: Trading derivatives involves high risks, and market conditions can change rapidly. The content is for informational purposes only and should not be considered as financial advice. Traders should conduct their own research and consider risk management strategies.
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Suite 201 Level 2, The Catalyst Building, 40 Silicon Avenue, Cybercity Ebene, Mauritius
Trading Platforms
Company
FAQs
PU Prime App - Start Trading with an Edge
Risk Warning: Trading Contract for Difference (CFD) carries a high level of risk to your capital and may result in losses that exceed your deposits due to leverage. It's important to understand how CFDs work and assess whether you can afford the high risk of losing your money. When acquiring our derivative products, you do not own or have rights in the underlying assets. Past performance is not indicative of future results. The information on this website is general and does not take into account your personal objectives, financial circumstances, or needs. Seek independent advice from qualified experts if necessary, and ensure you fully understand the risks before making any trading decisions.
Pu Prime Ltd, is authorized and regulated by the Financial Services Authority of Seychelles under License No. SD050, with registered address CT House, Office 9A, Providence, Mahe, Seychelles.
Finzero Cap Ltd, registered in the Republic of Cyprus with registration number HE414308 and registered address at 62 Athalassas, Mezzanine, Strovolos, 2012, Nicosia, Cyprus.
Finzero Cap Ltd facilitates services to the licensed and regulated entities within the PuPrime Organizational structure, including but not limited to payment services.
PU Prime Ltd is authorized and regulated by the Financial Services Commission of Mauritius under License No. GB23202672, with registered address at Suite 201 Level 2, The Catalyst Building, 40 Silicon Avenue, Cybercity Ebene, Mauritius.
The information on this website is not intended for residents of certain jurisdictions, including the United States, Singapore, Australia, China, Pakistan and jurisdictions listed on the FATF and EU/UN sanctions lists. It is not intended for distribution or use where such distribution or use would be contrary to local law or regulation. While the Authority has granted a securities or derivatives investment business licence to the Licensee, it does not endorse the products offered.
Copyright © 2024 PU Prime.
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
