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How High Could Crude Oil Go?
June 29, 2017, 6:21 AMOn Wednesday, the black gold gained 1.13% after encouraging the EIA weekly report. As a result, light crude climbed to the previously-broken lower border of the trend channel, but closed the day below it. Will we see further improvement in the coming days?
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Will Crude Oil Come Back Above $45? #2
June 28, 2017, 5:36 AMOn Tuesday, crude oil gained 1.98% and invalidated the breakdown under the Fibonacci retracement. Is it enough to encourage oil bulls to further action?
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Will Crude Oil Come Back Above $45?
June 27, 2017, 9:30 AMOn Monday, the black gold gained 0.86% as a weaker U.S. dollar and investors covering short positions supported the price of crude oil. As a result, light crude climbed above $43 and closed the day above it. Will we see further improvement in the coming days?
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Is It Time for Higher Prices of Crude Oil?
June 26, 2017, 5:46 AMOn Friday, crude oil gained 0.63%, which resulted in a climb above the first resistance line, but will we see further improvement in the coming days?
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Crude Oil, Fresh Lows and Support Zone #2
June 23, 2017, 8:31 AMOn Thursday, crude oil tested the strength of the nearest support zone and then the nearest resistance area. Who will take control in the coming week?
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