Crude Oil Technical Chart Analysis 22nd May 2017

PAR May 22, 2017 0

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

PAR Apr 18, 2017 0

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...

Crude Oil Technical Chart Analysis 3rd April 2017

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The current formation indicates consolidation at these levels. A rise above $51.91 will revisit $53.20, while any downside will cause the downtrend to...

Crude Oil Technical Chart Analysis 27th March 2017

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Crude oil is trading around the support level at $47.50, where a break or close below will lift the market towards $46.17 (100-DMA). On the contrary,...

Crude Oil Technical Chart Analysis 20th March 2017

PAR Mar 20, 2017 0

Crude oil has registered a lower low on weekly chart, while break its strong support level of $47.50 indicating more downside towards $46.29 in coming...

Crude Oil Technical Chart Analysis 13th March 2017

PAR Mar 13, 2017 0

Crude oil has formed a lower low and lower high, indicating that the loss may extend towards $47.50. Moreover, the Stochastic Oscillator has continued...

Crude Oil Technical Chart Analysis 6th March 2017

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Consolidation is likely to continue around the 14-DMA at $53.14, where a break or trade above will deliver gains towards $54.01. However, any downside...

Crude Oil Technical Chart Analysis 27th February 2017

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Currently, WTI has formed a higher high and higher low indicating further upside. The next target will be at $55.52. However, any downside will be tes...

Crude Oil Technical Chart Analysis 20th February 2017

PAR Feb 20, 2017 0

Crude oil is trading above the 14-DMA at $52.49, where a break or close below will target at $50.82, followed by $49.20 (30-DMA). However, a correctio...

Crude Oil Technical Chart Analysis 30th January 2017

PAR Jan 30, 2017 0

Crude oil is moving down around the 14-DMA which is standing at $50.40, where a break below from here will deliver more negative movement and can targ...