The main trend is still bullish in the daily chart. WTI crude oil is trading above the major moving averages. Also, RSI at 60 which indicates the bull have the upper hand and Parabolic SAR confirms the bullishness.
On the other hand, USOIL could not clear the $60.85 level in the last two sessions last week. It's a Fibonacci retracement level . If USOIL manages to penetrate it a move to the next resistance at $63.77 is expected.
In the way down WTI will find supports from the trend line and then from $57.35 level. Since the trend is up these two supports areas may attract the bulls to come. WTI will turn negative if it sinks and close below $56.06 level.
On the other hand, USOIL could not clear the $60.85 level in the last two sessions last week. It's a Fibonacci retracement level . If USOIL manages to penetrate it a move to the next resistance at $63.77 is expected.
In the way down WTI will find supports from the trend line and then from $57.35 level. Since the trend is up these two supports areas may attract the bulls to come. WTI will turn negative if it sinks and close below $56.06 level.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.