Crude oil---sell near 63.90, target 60.00-58.00Crude oil market analysis:
The recent crude oil has been delivered. The new contract is relatively strong at present. Yesterday's daily line closed with a positive line. In the short-term bottom shock, we are still bearish on crude oil today. We continue to sell. The large pattern suppresses around
Possible upward pullbackCrude oil is on a bearish trend based on higher timeframes but is currently showing bullish pressure as a potential pullback. The potential upward pullback may try to retest the 70.0 barrier. Breaking further and settling above the 70.0, may see a rise towards resistance barriers between 71.00 and
The pivotal technical threshold is $65 for the price of oil The price of US crude oil broke a major technical support in April
The price of oil gave a technical red alert at the beginning of April after breaking a major long-term support, all against a complicated fundamental backdrop: the so-called reciprocal tariff trade war, geopolitical tensions and in
Crude oil-----Buy near 65.00, target 62.30-60.00Crude oil market analysis:
Recently, crude oil has also fluctuated greatly due to the influence of fundamentals. It started to rise rapidly yesterday, and the daily line closed with a standard big hammer candle pattern. Today, we rely on the 65.20 position to buy. We can also consider buying when it
OIL GLUTSTRONG SELL until November 2025
First Target : $52
Second Target : $43
Under the screening of 100 Weeks Bollinger Bands, Oil is in the same situation as in 1986, 1993, 1998, 2014 and 2020
Since there is talk of a glut " Strong production growth expected to increase global oil glut in 2025, 2026" B
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.