US Oil is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If US Oil continues in its current trajectory, we could see it reach 59.6238 within the next 21 hours.
ARTÍCULOS RELACIONADOS
Breach of 3.3335 could mean a start of a bearish trend on Natural Gas
Natural Gas has broken through a support line. It has touched this line numerous times in the last…
Silver Spot consistently settling in one direction. Will it continue?
Due to the rate of consecutive bullish candles on Silver Spot Daily chart we could be in for…
Breach of support could mean a start of a bearish trend on Silver Spot
This trade setup on Silver Spot is formed by a period of consolidation; a period in which the…