Crude Oil Weekly Trading Strategy
[ad_1] As Discussed in last Analysis Coming week Bulls need to hold 2981-3000 for a move back to 3100-3145 range else fall back to 2900-2860 zone. 2868 done below 3000,Now Venus… Read more »
Tag: oil
WTI crude oil futures settle at $40.25
[ad_1] Down $0.06 or -0.15% The price of WTI crude oil futures settle at $40.25. That is down $0.06 or -0.15%. The high price for the day reached $40.64. The… Read more »
WTI Crude Oil Forecast: October 2020
[ad_1] A sharp decline in the price of WTI Crude Oil hit the commodity market the first week of September, but there has been a healthy recovery and steady values… Read more »
WTI crude oil futures settle at $39.31
[ad_1] Crude oil falls $-1.80 or 4.3% The price of WTI crude oil futures did not escape the fears from a 2nd wave of coronavirus and a subsequent decline in demand…. Read more »
Crude Oil Weekly Price Forecast
[ad_1] As Discussed in last Analysis Till we are below 2843 Bears can push towards 2600-2500 Range. Once Price started trading above 2843 we saw quick move towards 3000. Coming… Read more »
WTI crude oil futures trades the highest level since September 4
[ad_1] Looks to test its 50 day moving average The price of the October crude oil futures contract is trading up $0.47 at $40.62. The high price reached $40.89 today while the… Read more »
Elliott Wave View: Correction in Oil Completed
[ad_1] Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August… Read more »
$USO United States Oil Fund Longer Term Cycles & Elliott Wave
[ad_1] $USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at… Read more »
Crude Oil Price Outlook Mired by Moving Average Death Cross
[ad_1] OIL FORECAST: CRUDE OIL PRICE ACTION UNDERMINED BY POTENTIAL BEARISH MOVING AVERAGE CROSSOVER Crude oil could struggle to catch a bid as demand concerns rise with market volatility Oil… Read more »
Oil Prices Plummet on Saudi Cuts
[ad_1] Demand increased in August worldwide from its historic lows, enabling OPEC+ to ease its production cuts to 7.7 million barrels per day, down from 10 million barrels per day… Read more »