CRUDE OIL PRICES TECHNICAL ANALYSIS Let’s start with the lows at 26$ and the expected run to 50 areas: it was written here now I’m going to focus and test the sıtuatıon we have ,There are several interesting thingsFirst, as I mentioned in a previous post – the oil is going to close the Gap area of the $ 40, and…
crude oil prices technical analysis forecast update Crude Oil reached the target I gave him Let’s check some other relevant things for crude oil prices except the chartsCrude oil prices settled lower on Friday after the U.S rig count rose for the first time since December, renewing worries of a supply glut after an output freeze proposal helped boost the…
Here Come New Ideas for Oil From my last post on February: last post shortly all targets reached!A lot of talks and posts about politics Government relations – Supply and Demand-Iran and Saudi Arabia And more and more endless story and causes ..that’s the reason I’m trying all the time to focus on the charts they tell us all the story without involving HeadachesAnd emotion.now if we look…
CLC/USDAnyone who has followed reviews could see I argued the region of $ 50-60 it was like other oil was at $ 80-90Note that the graph area 48-54 is strong support zoneThere are two options:Login to Long in the 54 with a short stop in the 52Or alternatively available in the 49 with a short stop in the 47update:get ready…
CLC/USDAnyone who has followed reviews could see I argued the region of $ 50-60 it was like other oil was at $ 80-90Note that the graph area 48-54 is strong support zoneThere are two options:Login to Long in the 54 with a short stop in the 52Or alternatively available in the 49 with a short stop in the 47In order…
Crude oil price made attempts to break 73 level but it returns to trade above it again , rallied Friday amid speculation that OPEC may cut its oil production In general, the overall bearish trend scenario remains valid and active as long the trading settled below 85 level, the next targets extend to 70 -60 -50 area, i Expect to see some corrections…
Oil (WTI) has broken below $80 on the back of surging global production, weakening demand and the strengthening U.S. dollarif we will look closely we can see that now the oil stand in Intersection1. if 79.60 area will break down it expects U.S. benchmark West Texas Intermediate crude to fall to $75 a barrel 2. if 81.60 area will break down…
Oil complex situation You can see YTD return is negative June saw him kissing highest levels in 108 Currently, as the move reflected the movement of property it seems that once again are going to examine the area green strip Support levels are set in before 96.20 Us to reexamine the oil in the 94.60 to 80 As long as he is trading below the 99.80…