WTI Crude Oil Slips on Demand and Oversupply Concerns
Technical Outlook:
Current Price: ~$70.5
Key Support: $69.22 (20-MA) and $66.66 (major support zone).
Key Resistance: $71.33 (intermediate) and $72.80 (major resistance).
A break below $69.22 may intensify selling pressure toward the $66.66 support.
If crude sustains above $71.33, recovery toward $72.80 becomes possible.
Recent News
DOLLAR INDEX
October 22, 2024
Market Insights
DAX making H&S on long view.
November 15, 2024
Market Insights
GOLD WEEKLY ANALYSIS
December 14, 2024
Market Insights
AUDUSD trading on daily Resistance
November 07, 2024
Market Insights
AUDUSD DOWN RALLY START
October 22, 2024
Market Insights
DAX bounce back from daily support level...
November 04, 2024
Market Insights
Search
Account
Home