Crude Oil Technical Chart Analysis 7th May 2018

PAR May 7, 2018 0

Crude oil has formed a higher high and a higher low indicating further upside. If the increase continues, the initial target will be at $70.80, follow...

Crude Oil Technical Chart Analysis 15th January 2018

PAR Jan 15, 2018 0

Consolidation is likely to continue above the resistance level at $62.70, where a break or trade below from the current level will open the way toward...

Crude Oil Technical Chart Analysis 8th January 2018

PAR Jan 8, 2018 0

Crude oil is trading at $61.68. Currently, market is expected to face resistance level at $62.70, where a break or close above will deliver more posit...

Crude Oil Technical Chart Analysis 11th December 2017

PAR Dec 11, 2017 0

Crude oil has been facing a huge losses off the resistance level at $57.79 (200-DMA), while upper channel resistance and negative divergence proving m...

Crude Oil Technical Chart Analysis 27th November 2017

PAR Nov 27, 2017 0

Crude oil is likely to consolidate above its 200-DMA which is standing at $58.22, where a break below will target at $56.68. Alternatively, a rise abo...

Crude Oil Technical Chart Analysis 6th November 2017

PAR Nov 6, 2017 0

Crude oil registered a higher high and a higher low to close around its high. The resultant formation suggests that its consolidation phase is nearing...

Crude Oil Technical Chart Analysis 16th October 2017

PAR Oct 16, 2017 0

The current formation indicates consolidation at these levels. A rise above $52.89 will revisit $53.69, while any downside will cause the downtrend to...

Crude Oil Technical Chart Analysis 2nd October 2017

PAR Oct 2, 2017 0

Crude oil is expected to face support level around 50-DMA which is standing at $49.42. A fall below from here will validate more negative moves toward...

Crude Oil Technical Chart Analysis 25th September 2017

PAR Sep 25, 2017 0

Crude oil has formed a higher high and higher low, indicating that the gain may extend towards $52.18. Moreover, the Stochastic Oscillator has continu...

Crude Oil Technical Chart Analysis 28th August 2017

PAR Aug 28, 2017 0

Crude oil is tested its support level at $47.50, suggesting further weakness towards $46.89 (14-DMA) which could later extend to $45.47 (100-DMA). How...

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

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...