WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
During yesterday trading prices has pulled back to support at 1258$ then reached 1248$, we still
The pair has fallen back since the beginning of trading day reaching near support level at 0.6980
Oil has risen since the beginning of today’s trading session, after exceeding the resistance
As we expected prices pulled back to 0.7440 at the bottom line of an ascending channel. The
The pair has risen during yesterday trading reaching resistance level at 1.3510 which represents
The pair has risen exceeding the upper line of a descending channel and symmetrical triangle
Prices are moving currently in a sideways range tends to rise inside an ascending channel. we
The pair has fallen back during yesterday trading breaking support at 1.1210 reaching levels of
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