what’s the next move for the oil crude oil jumped from a near 13-year low of $27 a barrel last month to as high as $35 last week, yesterday it fell down and broke major support at 29.30 as i mention on my last post this is crucial and I’m expecting to see some more downside moves we can from…
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…