Tag: crude oil daily technical outlook

Nymex Crude Oil (CL) Crude oil turns sideway after rebound to 72.52 and some sideway trading might be seen. But after all, further rise is still expected as long as 68.96 support…

Nymex Crude Oil (CL) Crude oil’s break of 71.60 resistance suggests that fall from 75.0 is merely a correction in the larger rally and should have completed at 67.34 already. Intraday bias…

Nymex Crude Oil (CL) Crude oil’s consolidation from 67.43 is still in progress and further recover cannot be ruled out. But still, another fall is still in progress as long as 71.60…

Nymex Crude Oil (CL) Crude oil continues to stay in tight range above 64.73 as consolidation continues today. Some recovery might be seen, but after all, further decline is still in favor…

Nymex Crude Oil (CL) Crude oil continues to struggle around near term trend line support and stays in tight range above 67.43. Intraday outlook remains neutral and some more sideway trading might…

Nymex Crude Oil (CL) With 4 hours MACD crossed above signal line, an intraday low is in place at 67.43 and outlook is turned neutral for the moment. Nevertheless, another fall is…

Nymex Crude Oil (CL) Crude oil’s fall from 75.0 extends further and is now pressing near term trend line support. At this point, intraday bias remains on the downside. Sustained break of…