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Tag: CRUDE OIL

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....

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...

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...

Bullish Crude Oil Signals Overbought at $70.5

Crude Oil Technical Analysis J.J. Edwards -
FxNews—Crude Oil trades bullish, above the 75-period simple moving average. The uptrend resumed after the prices exceeded the 61.8%...

WTI Crude Oil Hits $69 as China Boosts Imports

Crude Oil Technical Analysis J.J. Edwards -
FxNews—WTI crude oil futures recently reached about $69 per barrel, showing growth for a third straight session. China's shift...

Rebel Uprising in Syria Boosts WTI Crude to $67.9

Crude Oil Technical Analysis J.J. Edwards -
WTI Crude Oil prices have recently climbed to around $67.9 per barrel. Tensions rose after rebels ousted Syria’s long-standing...

Crude Oil Dips to $68.5 Ahead of OPEC+ Meeting

Crude Oil Technical Analysis J.J. Edwards -
FxNews—WTI crude oil prices dipped from the 23.6% Fibonacci resistance level at $70, trading at approximately $68.6 in today's...

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