On Tuesday, crude oil pulled back a bit and finished another day under the nearest moving average. Does this mean that the buyers have already lost their enthusiasm or is it just the calm before the storm?

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The first session of the week didn’t bring any spectacular victory to either bulls or bears. However, there is something that the buyers have done for the second time in a row. What are the implications?

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Before the Friday’s session closure oil bulls fell out of their strength and didn’t finish the day above the 50-day moving average. Although they “suffered a defeat”, they managed to do two other important things that will probably have a positive impact on the behavior of buyers in the coming days. What have they done?

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On Thursday, black gold pulled back after Wednesday’s rally, but the size of the move suggests that oil bears may no longer be interested in lower prices of crude oil. True assumption or just a trap? Read today's alert and find out who has more technical arguments on its side and what can happen if they are skillfully used.

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Wednesday’s session showed oil bulls’ strength and their determination to fight for higher prices light crude. Thanks to their action, the commodity invalidated another breakdown under medium-term support and climbed above Fibonacci retracements. What can stop them in the coming days?

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