crude oil price does not stop and continues to riseHow long will this rally continue in crude oil price? In my opinion or we saw the high today in the opening in the 67.80 areas crude oil going to 69+ and there we will see the oil price rebound to the $ 56-58 range crude oil technical analysis let’s check the…
Crude oil price analysis WTI crude oil gained 5% last week to settle at $42.2 per barrel on Friday, the week opening we see crude oil prices continue above 43$, pushed by successful COVID-19 vaccine trials and hopes that OPEC+ would delay by at least three months from January a planned crude output increase. Crude oil technical analysis: Short term…
Crude oil price analysis price oil forecast has been verified what’s next: see below for more updates price ranges from $ 10 to $ 20, examining the level of support in the 9-10 area and now if 26-28 $ will cross up then we should expect to meet 34 $ and even exiting the move towards closing the gap in…
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…
Why you should trade Crude Oil price in and out After the pattern archived: as I mention the last post- the pattern suggests the bullish trend, for the coming trading sessions, pointing that the prices creating a possible bullish pattern that its confirmation wti level situated at 39-40 $, from looking at the charts we can see also the resistance at 42-43…
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…