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Crude Oil Technical Analysis

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil Technical Analysis J.J. Edwards -
Crude Oil price dipped from $75.24, testing the %50.0 Fibonacci retracement level at $72.8 at the time of writing. Despite an initial dip, prices...

WTI Crude Slips From $74 as Dollar Strengthens

Crude Oil Technical Analysis J.J. Edwards -
Crude oil prices for West Texas Intermediate (WTI) dipped below $74.4 a barrel on Monday, ending a streak of five days of increases. This...

WTI Crude Tests $70.5 Amid Supply Worries

Crude Oil Technical Analysis J.J. Edwards -
WTI crude oil prices hovered around $70.5 per barrel, testing this area as resistance. Concerns that an excess supply...

Crude Oil Remained Below $70 Amid a Drop in Stockpiles

Crude Oil Technical Analysis J.J. Edwards -
Crude Oil remained below $70.0, stabilizing at approximately $69.8 a barrel this Friday. Notably, the prices have found some...

Crude Oil Recovered to $69.3: Boosted by Holidays

Crude Oil Technical Analysis J.J. Edwards -
Crude Oil Recovered to $69.3 and gained 1.0% in today's trading session. This rise occurred during a period of...

Crude Oil Slips Below $70 After Fed Decision

Crude Oil Technical Analysis J.J. Edwards -
WTI crude oil dropped below $70.4, losing the gains it had made the day before. This happened because the...

Crude Oil Head and Shoulders Signals Downward Trend

Crude Oil Technical Analysis J.J. Edwards -
Crude oil formed a head and shoulders pattern in the 4-hour chart, hinting at further drop. Immediate support is...

WTI Falls Below $71.5 on New Sanctions Against Russia

Crude Oil Technical Analysis J.J. Edwards -
WTI Crude Oil prices fell slightly below $71.5 a barrel on Monday. This drop came after prices rose by...

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