Crude Oil Price Forecast: Crude Dips Then Recovers Above 20-Day Support Line
Quick Recovery of 20-Day Moving Average The decline on Thursday completed a 38.2% Fibonacci retracement at $60.88 and…
Crude Oil Price Forecast: Bullish Momentum Builds as Crude Nears $64.06 Barrier
Bulls in Charge Tuesday’s advance becomes more interesting when noticing the relatively bearish potential shooting star candle pattern…
WTI Crude Oil Eyes $63.59 as Trade Hopes Lift Market – Key Levels to Watch
WTI crude oil is finding support at $61.60, which is right on the 50-day EMA at $60.72. This…
Elliott Wave Analysis of Crude Oil – May 12th, 2025
New to Elliott Wave? Elliott Wave principle offers a completely new understanding of what the nature of the…
Crude Oil Price Forecast: Bounces Toward Key Resistance After Recent Low
Dynamic Resistance at 20-Day MA Since the sharp drop on April 3, the 20-Day MA has defined dynamic…
Oil News: US-China Talks Boost Crude Outlook but Fed and Dollar Limit Upside
US-China Trade Talks Offer Near-Term Support Crude oil prices are finding modest support from optimism surrounding upcoming U.S.-China…
Oil, Natural Gas, and US Dollar Technical Analysis: Market Reaction to US-China Talks
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Oil News: Crude Slips as Demand Fears Outweigh Geopolitical Supply Risks
At 10:53 GMT, Light Crude Oil Futures are trading $58.93, down $0.31 or -6.52%. OPEC+ Output Plans and…
Crude Oil Price Forecast: Potential Bullish Reversal Emerges After Sharp Decline
Bullish Hammer Pattern There is a possible one-day bullish hammer reversal candle to be established today. If so,…
Oil News: Equities Rally Fuels Crude Bounce as Short-Covering Lifts WTI Futures
Daily Light Crude Oil Futures Dip-buyers entered the market around the $56.30 level, offering some intraday support. But…
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Saudi Arabia Prepares For Low Prices
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Crude Inventories Decline By 2.7 Million Barrels; WTI Oil Attempts To Rebound From Session Lows
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