Browsing Tag

technical analysis

Crude Oil – Weekly Analysis, 28/05

Crude Oil, still range bound between $62 and $58 Crude Oil futures remained range bound for the most part of last week after forming a top near the $62 price level. Price action last week simply saw prices ranging between the 62 and 58…

Crude Oil – Weekly Analysis, 20/05

Crude Oil, likely to test $55.35 Crude Oil prices have started to turn the corner after prices stalled near $62.50 highs and subsequent failure to break higher ground. A break of the minor trend line, which we view as a short term…

Crude Oil – Weekly Analysis, 15/05

WTI Crude Oil could now see a correction to its short term rally! WTI Crude Oil futures has staged an impressive recovery in its prolonged bearish trend with price action last week briefly hitting the $62.13 price point, which we have…