Crude Oil Technical Chart Analysis 7th August 2017

PAR Aug 7, 2017 0

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

PAR Jul 31, 2017 0

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

PAR Jul 18, 2017 0

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

PAR Jul 3, 2017 0

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

PAR Jun 12, 2017 0

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

PAR Jun 5, 2017 0

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

PAR May 29, 2017 0

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

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

PAR May 15, 2017 0

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

PAR May 8, 2017 0

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

PAR May 2, 2017 0

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

PAR Apr 24, 2017 0

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

PAR Apr 3, 2017 0

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...