Tag: crude oil daily technical outlook

Nymex Crude Oil (CL) Crude oil’s fall from 73.16 resumes and is now back pressing 68.02 support. As discussed before, break of 68.02 will suggests that fall from 75.0 is resuming and…

Nymex Crude Oil (CL) Outlook in crude oil remains neutral for the moment as it’s still engaging in choppy sideway trading in converging range since 75.0. Question is still on whether price…

Nymex Crude Oil (CL) Crude oil continues to engage in choppy sideway trading below 75.0 and outlook remains neutral for the moment. Question is still on whether price actions from 75.0 are…

Nymex Crude Oil (CL) Crude oil’s retreat from 73.16 extends further today and is now back pressing 70 level. Outlook remains neutral for the moment with question of whether price actions from…

Nymex Crude Oil (CL) Despite edging higher to 73.19, crude oil failed to sustain above 72.90 resistance and retreated. Intraday outlook is turned neutral again. On the upside, above 79.19 again will…

Nymex Crude Oil (CL) Crude oil’s rebound extended further but after all it’s still kept below 72.90 resistance. Intraday bias remains neutral for the moment. As noted below 72.90 will suggest that…

Nymex Crude Oil (CL) Crude oil’s break of 69.81 minor resistance suggests that fall form 72.90 has completed at 68.02 already and intraday bias is turned neutral for the moment. On the…

Nymex Crude Oil (CL) At this point, intraday bias in crude oil remains on the downside with 69.81 minor resistance intact. Fall from 75.0 is still expected to extend to 00% projection…

Nymex Crude Oil (CL) Crude oil’s corrective rebound from 67.05 should have completed at 72.9 already. Intraday bias remains mildly on the downside for 67.05 support first. Break will confirm that whole…

Nymex Crude Oil (CL) Crude oil is still consolidating in tight range and with 4 hours MACD staying below signal line, intraday bias remains neutral for the moment. But after all, further…