Page 26 - Oil Technical News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Crude Oil Surges as Economic Recovery Aids Outlook, Copper Faces Technical Hurdle 2021-02-04 04:30:00 Thomas Westwater, Analyst Crude Oil, Economic Recovery, Copper, Technical Forecasts – Talking Points Crude Oil pushes into fresh yearly highs after OPEC+ holds production cuts EIA inventory figures point to bullish recovery as US economy recovers Copper prices in danger as Descending Triangle pattern sends bearish signal Oil prices are surging this week on declining inventory levels, OPEC+ developments, and an improving glo...

Oil Price Outlook: Crude Breakout Accelerates- Resistance Lies Ahead 2021-02-03 17:30:00 Michael Boutros, Strategist Crude Oil Technical Forecast: WTI Weekly Trade Levels Crude Oil updated technical trade levels – Weekly Chart WTI breakout extends into February open– risk for inflection multi-year resistance Advertisement Oil prices have surged more than 7.2% since the start of February with WTI breaking to fresh yearly highs to trade at 55.89 in early US trade on Wednesday. While the recent price brea...

Crude oil prices are poised to continue their upward trajectory in 2021, but technical signals hint that a near-term pullback may precede the next major push higher.

Crude Oil Technical Outlook: Oil Surges on Saudi Surprise – Key Levels to Watch 2021-01-09 22:00:00 Justin McQueen, Analyst CRUDE OIL TECHNICAL HIGHLIGHTS: Neutral Tug of War Between the Two Vs (Virus & Vaccine) Oil Technical Set-Up: Beware of Short Term Pullback Oil Surges on Saudi Surprise and Market Melt-Up The oil market has gotten off to a strong start to begin 2021 with Brent and WTI crude futures posting weekly gains of circa 6%. In turn, oil prices are trading at its highest level since February/March at $55 and ...

Oil Price Outlook: Crude Breakout Spills into 2021- Resistance Ahead 2021-01-06 18:08:00 Michael Boutros, Strategist Crude Oil Technical Forecast: WTI Weekly Trade Levels Crude Oilupdated technical trade levels – Weekly Chart WTI breakout extends into yearly open– risk for inflection off near-term uptrend resistance Advertisement Oil prices have surged more than 51% off the November lows with WTI rallying to fresh multi-monthly highs into the 2020 open. The oil breakout is now testing initial uptrend r...