WTI Crude Oil Forecast: Oil Retesting Previous Trendline
Ultimately, if we did break above the $110 level, that would be a huge change in attitude. The West Texas Intermediate Crude […]
WTI Crude Oil Forecast: Positive Holiday
There are signs that the United States has already entered a recession, which is like kryptonite for the oil markets. The WTI Crude […]
WTI Crude Oil Forecast: Breaks Through Minor Support
The West Texas Intermediate Crude Oil market has fallen during trading on Thursday to break through a trendline. That being said, there […]
WTI Crude Oil Forecast: July 2022
I think that there would be plenty of buyers on short-term dips, and it would not surprise me at all to see […]
WTI Crude Oil Forecast: Price Approaches 50-Day EMA
Looking at this chart, we have much further to go to the upside than down, but if we were to break down […]
WTI Crude Oil Forecast: Price Bounces Off Trendline
Itâs going to be choppy, so you need to be cautious with your position size. The West Texas Intermediate Crude Oil market rallied […]
WTI Crude Oil Forecast: Price Pierces Uptrend Line
Be cautious about jumping in with a huge position until you get reasonable confirmation for your trade. The West Texas Intermediate Crude Oil […]
WTI Crude Oil Forecast: Sitting Below 50-Day EMA
Ultimately, I need to see some type of momentum or supportive candle that I can jump on to take advantage of the […]
WTI Crude Oil Forecast: Ready for Downward Pressure
Pay attention to the uptrend line underneath, which is currently at roughly $105 The West Texas Intermediate Crude Oil market has found […]
WTI Crude Oil Forecast: Pulls Back
The market is more or less going to remain a âbuy on the dipsâ situation, but you also need to be cautious […]
WTI Crude Oil Forecast: Continues to be Volatile
The West Texas Intermediate Crude Oil market has had a very volatile trading session, dipping down to the $117 region, before turning […]
WTI Crude Oil Forecast: Price Pulls Back
Looking at this chart, itâs obvious to me that we are in a strong uptrend, and I think that will continue to be […]