Crude Oil Price Forecast: Reversal Exposes Downside
WTI oil started out the week strong, but with it swiftly reversing lower the outlook is now towards lower prices in the near-term.
Source: dailyfx.com
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Crude Oil Dips on OPEC Plans to Ditch Russia and US Dollar Firms. New Highs for WTI?
Crude oil prices tried higher but a report from OPEC saw it slip lower while the US Dollar caught an up draft on higher Treasury yields. Where to for WTI?
Source: dailyfx.com
Crude Oil Technical Forecast: Pending Oil Price Breakout- WTI Levels
Oil prices are attempting a fifth weekly rally with the immediate focus on a breakout of a multi-month price range. Levels that matter on the WTI weekly technical chart.
Source: dailyfx.com
Crude Oil Lifted as US CPI Remains Stubbornly High and Risk Aversion Hits Equities
Crude oil holds up despite the recent turmoil permeating other markets and a stubbornly high US CPI. Will WTI see a volatility break out?
Source: dailyfx.com
Crude Oil Technical Forecast: Oil Coil Continues- WTI Breakout Levels
Oil plunged more than 6% this week with crude continuing to contract within a massive consolidation range. The technical levels that matter on the WTI weekly chart.
Source: dailyfx.com