Crude Oil Technical Chart Analysis 24th December 2018

PAR Dec 24, 2018 0

Crude oil is facing strong support level at $45.20, where a break or trade below from here will drag the market towards $43.00. On the contrary, the i...

Crude Oil Technical Chart Analysis 3rd December 2018

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Crude oil is expected to face resistance level around the 14-DMA which is standing at $53.74, where a break or close above from here will deliver more...

Crude Oil Technical Chart Analysis 5th November 2018

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Crude oil has registered a lower low and a lower high indicating further downside. If the decline continues, the initial target will be at $62.50. On...

Crude Oil Technical Chart Analysis 30th October 2018

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The current formation indicates consolidation at these levels. A rise above $67.10 will revisit $68.50, while any downside will cause the downtrend to...

Crude Oil Technical Chart Analysis 7th May 2018

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Crude oil has formed a higher high and a higher low indicating further upside. If the increase continues, the initial target will be at $70.80, follow...

Crude Oil Technical Chart Analysis 15th January 2018

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Consolidation is likely to continue above the resistance level at $62.70, where a break or trade below from the current level will open the way toward...

Crude Oil Technical Chart Analysis 8th January 2018

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Crude oil is trading at $61.68. Currently, market is expected to face resistance level at $62.70, where a break or close above will deliver more posit...

Crude Oil Technical Chart Analysis 11th December 2017

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Crude oil has been facing a huge losses off the resistance level at $57.79 (200-DMA), while upper channel resistance and negative divergence proving m...

Crude Oil Technical Chart Analysis 27th November 2017

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Crude oil is likely to consolidate above its 200-DMA which is standing at $58.22, where a break below will target at $56.68. Alternatively, a rise abo...

Crude Oil Technical Chart Analysis 6th November 2017

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Crude oil registered a higher high and a higher low to close around its high. The resultant formation suggests that its consolidation phase is nearing...

Crude Oil Technical Chart Analysis 16th October 2017

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The current formation indicates consolidation at these levels. A rise above $52.89 will revisit $53.69, while any downside will cause the downtrend to...

Crude Oil Technical Chart Analysis 2nd October 2017

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Crude oil is expected to face support level around 50-DMA which is standing at $49.42. A fall below from here will validate more negative moves toward...

Crude Oil Technical Chart Analysis 25th September 2017

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Crude oil has formed a higher high and higher low, indicating that the gain may extend towards $52.18. Moreover, the Stochastic Oscillator has continu...

Crude Oil Technical Chart Analysis 28th August 2017

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Crude oil is tested its support level at $47.50, suggesting further weakness towards $46.89 (14-DMA) which could later extend to $45.47 (100-DMA). How...

Crude Oil Technical Chart Analysis 21st August 2017

PAR Aug 21, 2017 0

Current formation of lower high and lower low suggests that the momentum is shifting from bulls to bears. If the profit taking continues, the initial...