Crude Oil WTI

Crude Oil dropped toward 67.66 and managed to sustain prices above the support zone 67.00-15. As long as the market holds above this support more, advance will be expected with resistance around 70.90 and 72.50. The Market managed to test…
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Crude Oil advanced above 68.50 which could lead to a further advance. As we see over the Intraday chart, prices are facing support around 67.00-15 where as long as the market holding above, more advance will be expected with resistance…
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Crude Oil managed to break below the 66.70 support whilst falling toward 64.70. As we see on the chart, the market is still facing a 67.70-68.50 resistance trend where as long as the market holds below this level, the chance for another…
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Crude Oil met the target of 67.00-70 last week and managed to hit few pips below that support. As we see on the Intraday chart the market is now facing support around 66.70 while resistance is around 68.50-69.00. This could create a…
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Crude Oil broke below 71.15 two days ago and dropped toward the target of 68.80. As we see on the chart, prices face resistance around 71.50-72.50 which could keep the pressure on the market for another dip towards the 67.00-70 zone.…
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USOIL struggles for support WTI fell further as persistence concerns over demand persisted. As the daily RSI fell into the oversold area, bears will need to take a breather after they cleared the August low of 71.45. A drop below the…
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Crude Oil broke below 71.15 yesterday and dropped toward the target of 68.80. As we see on the chart, prices face resistance around 71.50-72.50 which could keep the pressure on the market for another dip towards the 67.00-70 zone.…
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Crude Oil dropped as the short term outlook still shows a chance for a move back toward 78.80 and 81.00. The main support trend is still around 71.50-99 with intraday supports at 72.60 and 71.50. Below 71.15 more of a drop toward…
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Crude Oil hit another drop, but the short term shows an advance back toward the 78.80 and 81.00 levels. The main support trend still around 71.50-99, with Intraday supports at 73.50 and 72.60. Below 71.15 more of a drop toward 68.80…
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Prices of Brent have been topsy-turvy all month, as strong forces push in opposite directions. On the one hand is the sudden increased worry of a global slowdown that appeared in early August. On the other, tensions in the Middle East flare…
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