Crude Oil Price Forecast: Exhaustion into Multiple Long-term Highs
WTI oil is trading at levels from a decade ago and longer, and with yesterday’s turnabout it indicates an exhaustion in the near-term at the least.
Source: dailyfx.com
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WTI Crude Oil Targets 110 Amid Possible Move to Target Russia's Energy Exports
WTI crude oil prices held firmly higher as supply worries remained after President Joe Biden's State of the Union speech. The West may target Russian energy exports, hurting further its ability to ...
Source: dailyfx.com
Crude Oil Technical Forecast: Retail Remains Bullish after Resistance Tag at 100
WTI crude oil tested the 100 level for the first time since the last time Russian invaded Ukraine in 2014. This time produced a different result.
Source: dailyfx.com
Crude Oil Technical Outlook Turns Negative Upon Hitting Resistance
WTI oil is coming off from a key technical threshold after an extended run; levels and lines to watch in the days ahead.
Source: dailyfx.com
Oil Technical Forecast: Oil Snaps Back as WTI Threatens 8-Week Rally
A rally of more than 50% off the December lows takes WTI into uptrend resistance and threatens an 8-week advance. The levels that matter on the weekly technical chart.
Source: dailyfx.com