– WTI crude oil reversed from key support level 76.70
– Likely to rise to resistance level 81.10
WTI crude oil recently reversed up from the support zone located between the key support level 76.70, which has been reversing the price from February.
The support level 76.70 was strengthened by the lower daily Bollinger Band and by the 61.8% Fibonacci correction of the upward impulse from February.
Given the bullish divergence on the daily Stochastic, WTI crude oil can be expected to rise further to the next resistance level 81.10.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies