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...

Crude Oil Technical Chart Analysis 7th August 2017

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Crude oil is trading around the 30-DMA and 50-DMA. A fall below from here will open the way towards $48.11 which could later extend to $47.20 (14-DMA)...

Crude Oil Technical Chart Analysis 31st July 2017

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Consolidation is likely to continue at current level with limited downside $48.10, where a break below will deliver more negative movement. On the con...

Crude Oil Technical Chart Analysis 18th July 2017

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Crude oil harassed around 14-DMA at $47.08 since many sessions, where a break above the said level will deliver positive movement towards $48.96 (50-D...

Crude Oil Technical Chart Analysis 3rd July 2017

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Crude oil breaks its crucial resistance level at $45.19 (100-DMA), where a break or close above will lift the market towards $48.06 (14-DMA). On the c...

Crude Oil Technical Chart Analysis 12th June 2017

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Crude oil is moving down around the 100-DMA which is standing at $45.23, where a settle below from here will deliver more negative movement and can ta...

Crude Oil Technical Chart Analysis 5th June 2017

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Crude oil has registered a lower low and lower high indicating further downside. If the decline continues, the initial target will be at $46.47. Howev...

Crude Oil Technical Chart Analysis 29th May 2017

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Consolidation is likely to continue below the 14-DMA at $49.83, suggesting further downside towards $48.94 (50-DMA), followed by $48.14. However, any...

Crude Oil Technical Chart Analysis 22nd May 2017

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Crude oil is tested its resistance level around 30-DMA at $50.55. Now market is expected to start its negative rally towards $49.19 which could later...

Crude Oil Technical Chart Analysis 15th May 2017

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Crude oil extended its gains to close at $49.54. Currently, market is facing strong resistance level around 14-DMA which is standing at $50.32, where...

Crude Oil Technical Chart Analysis 8th May 2017

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Today, crude oil extended its decline to close at $46.01. If the decline continues, the initial target will be at $45.59 (100-DMA), followed by $44.40...

Crude Oil Technical Chart Analysis 2nd May 2017

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Crude oil is trading below the 50-DMA which is standing at $48.94, suggesting further weakness towards $47.71 which could later extend to $46.74. On t...

Crude Oil Technical Chart Analysis 24th April 2017

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Crude oil continued to fall and registered a lower low. This suggests that the downtrend is likely to continue. A break below $48.95 will establish a...

Crude Oil Technical Chart Analysis 18th April 2017

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Crude oil is facing strong support level at $51.97 (14-DMA), where a break or trade below will target at $50.75 (30-DMA). However, any upside will be...

Crude Oil Technical Chart Analysis 10th April 2017

PAR Apr 10, 2017 0

Crude oil breaks its crucial resistance level at $51.97 (14-DMA), where a break or close above will validate more positive moves towards $53.38. Howev...