Oil bulls had a daily close above the $21.50 per barrel. Therefore, the bullish interventions may lead the price towards $28 in the coming trading session.
Oil prices extend losses after fresh concerns on global growth. The following technical analysis is based on the Elliott wave theory.
Crude Oil resumes resurgence on Wednesday after an improved US inflation data. However, prices have continued in a sideway range in the last one week.
Crude oil price rally to 4 weeks high amid US-China trade talks optimism. The following analysis includes the Brent and WTI technical analysis.
Crude oil prices slump this week as selling pressure persists. The following technical analysis is based on the Elliott wave theory.
Crude oil prices falter at the beginning of this week. The following technical analysis is based on the Elliott wave theory.
Crude oil is about to close this week bullish. The following crude oil Elliott wave update share some technical insights.
Crude Oil prices rally on Tuesday following optimistic US-China trade talks tones. The following technical analysis is based on the Elliott wave theory.
Crude Oil prices slide further to continue the bearish run that started in September. Price patterns show emerging impulse waves are ongoing.
Oil prices have extended loses against the backdrop of a weakening global economy. The following XBRUSD price projection looks at the technical side.