CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Gasoline

Special Reports - 13/02/2025

13 February, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

Gasoline weekly special report based on 1.00 Lot Calculation:

GEOPOLITICS:

  • PRESIDENT TRUMP SIGNED AN EXECUTIVE ORDER TO PUT “MAXIMUM PRESSURE” ON IRAN: U.S. President Donald Trump restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil exports down to zero in order to stop Tehran from obtaining a nuclear weapon. REMINDER: President Trump is expected to impose new sanctions on Iranian oil in order to slash exports to a minimum, down from the current nearly 1.6 million barrels a day.

EVENTS:

  • WEDNESDAY, FEBRUARY 19 AT 21:30 GMT: AMERICAN PETROLEUM INSTITUTE (API) WEEKLY OIL AND GASOLINE INVENTORY DATA. If inventory growth comes in lower than expected, it could signal tighter supply, supporting higher oil and gasoline prices.
  • THURSDAY, FEBRUARY 20 AT 16:00 GMT: US EIA (ENERGY INFORMATION AGENCY) WEEKLY OIL AND GASOLINE INVENTORY DATA. If inventory growth comes in lower than expected, it could signal tighter supply, supporting higher oil and gasoline prices.

TECHNICAL ANALYSIS:

  • STRONG SUPPORT AT $2.00: Gasoline has maintained strong support around the mark of $2.00 since 2021.

GRAPH (Weekly): 2021 - 2025

Please note that past performance does not guarantee future results

Gasoline, February 13, 2025
Current Price: 2.0600

Gasoline

Weekly

Trend direction

UP

Resistance 3

2.220

Resistance 2

2.180

Resistance 1

2.120

Support 1

2.000

Support 2

1.980

Support 3

1.960

Example of calculation base on weekly trend direction for 1.00 Lot1

GASOLINE

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

16,000

12,000

6,000

-6,000

-8,000

-10,000

Profit or loss in €2

15,361

11,521

5,760

-5,760

-7,680

-9,600

Profit or loss in £2

12,817

9,612

4,806

-4,806

-6,408

-8,010

Profit or loss in C$2

22,869

17,152

8,576

-8,576

-11,434

-14,293

1. 1.00 lot is equivalent of 100.000 units

2. Calculations for exchange rate used as of 10:30 (GMT) 13/2/2025

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique could protect the profit.

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