The start of the Monday session looked quite promising, when the bulls moved north and pushed the price of black gold over $ 52. Here, however, their successes ended. The clash with the closest resistance showed their weakness (for the fifth time in a row), which lured their opponents and encouraged them to fight for lower oil prices. What are the technical implications of yesterday's decline?

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Another unsuccessful attempt to move higher encouraged oil bears to act during Friday’s session. What did their actions lead to? What can be the consequences in the coming week?

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Looking at the crude oil chart from today's point of view, we can see that the general situation in the short term has not changed since the beginning of the month. When can we expect a breakthrough?

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Although the price of black gold moved higher after yesterday market’s open, happy moments of the buyers didn’t last too long. What happened? What can yesterday's price action do for oil bulls in the coming days?

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On Tuesday, crude oil gained 1.27% and re-tested the major very short-term resistance. What conclusions can we draw from this price action?

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Although oil bulls pushed the price of light crude higher after yesterday’s market’s open, their march to the north turned out to be very short-lived. The combination of two resistances stopped them, triggering a pullback and causing a bearish development. What can be the consequences of this price action in the coming days?

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The last session of the previous week took black gold above the major short-term resistance, which stopped the sellers several times in the past. Will this bullish event be enough to push the price of the commodity higher in the coming week?

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Although crude oil increased above several nearest resistances earlier this week, yesterday’s session showed that oil bulls are still weak enough to defend gained levels. This manifestation of weakness caused a test of the support zone based on the barrier of $ 50 and two Fibonacci retracements. Will these levels be strong enough to withstand the selling pressure in the coming week?

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Yesterday there was no trade in US, which is why today's alert will analyze Wednesday's crude oil futures’ performance. What interesting can yesterday's price action tell us about the next move of black gold?

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On Tuesday, oil bulls pushed the commodity higher (crude oil gained 0.57%), but what does it really mean for the price of black gold in the coming days?

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A climb above the 200-week moving average, an invalidation of the earlier breakdown under another moving average, several buy signals and a gap. What effect can the combination of these technical elements have on the very short-term picture of black gold in the coming days?

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November was the worst month for oil bulls since July 2016. Over the past few weeks, the price of black gold has dived deeply, sometimes dropping even under the barrier of $50. What impact did this price action have on the long-, medium- and short-term picture of the commodity?

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Thursday’s session brought a fresh November low and a drop under the barrier of $50. Although oil bulls managed to trigger a rebound and invalidated the earlier breakdowns before the session closure, some disturbing technical factors remain in the cards.

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Increase after the market’s open, test of the 200-week moving average and another approach to the barrier of $50. In these several words we can summarize yesterday’s price action in crude oil. But what are its implications?

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After the strong declines that we observed last week, the price of crude oil began to consolidate (in a narrow range so far) just above the psychological barrier of $ 50. Will such a price change transform into a bigger rebound or is it just the calm before the storm and a fresh low?

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