– WTI crude oil reversed from resistance level 78.20
– Likely to fall to support level 76.00
WTI crude oil recently reversed down from the key resistance level 78.20 (former support from August, which has been reversing the price from the start of November).
The resistance level 78.20 was strengthened by the 38.2% Fibonacci correction of the previous downward impulse from September.
Given the strength of the resistance level 78.20, WTI crude oil can be expected to fall further to the next support level 76.00, which stopped the earlier downward correction.
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
This website uses cookies