Crude oil price after trading as low as $46.98 against the US Dollar formed support and started a recovery. There are two bearish trend lines forming with resistance near $48.00 on the hourly chart. Recently […]
Crude oil price after trading above the $50 handle against the US Dollar failed and started a downside move. There was a break below two ascending channels with supports at $49.45 and $49.05 on the […]
Crude oil price gained heavy bids recently and moved towards $48.50 against the US Dollar. There was a break above a bearish trend line at $46.15 on the hourly chart to initiate the uptrend. Recently […]
Crude oil price is in a decent uptrend and trading above the $46.00 support against the US Dollar. There are two bullish trend lines with supports as $46.20 and $46.00 forming on the hourly chart. […]
Crude oil price started a recovery after trading towards the $43.60 support against the US Dollar. There are two bearish trend lines with resistances as $44.55 and $44.80 forming on the hourly chart. Recently in […]
Crude oil price after a minor decline back towards $42 against the US Dollar found support and recovered. There are two bullish trend lines formed with supports at $43.60 and $43.50 on the hourly chart. […]
