The short-term increase on WTI CRUDE OIL remains moderate but could challenge the slightly bearish basic trend. It is
Status : NEUTRAL
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The bearish trend is currently very strong for WTI CRUDE OIL. As long as the price remains below the resistance at 69.74 USD,
Status : LEVEL MAINTAINED
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All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WTI CRUDE
Status : INVALID
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In the short term, there could be an acceleration of the basic bullish trend on WTI CRUDE OIL. This is a positive signal for
Status : TARGET REACHED
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The basic trend is currently slightly bullish on WTI CRUDE OIL and the short term does not seem to show any sign of
Status : TARGET REACHED
Simple chart
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WTI CRUDE
Status : LEVEL MAINTAINED
Simple chart
China's economic concerns drove oil prices lower
<Fundamental>
Concerns regarding China's oil demand and the dollar's strength have decisively impacted oil prices,
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WTI CRUDE OIL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as
Status : LEVEL MAINTAINED
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Crude oil review 11/11/2024
Oil prices fell more than 2% as concerns about Hurricane Rafael’s impact on Gulf of Mexico production eased, and China’s
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We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the
Status : TARGET REACHED
Simple chart
WTI CRUDE OIL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as
Status : TARGET REACHED
Simple chart
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would
Status : LEVEL MAINTAINED
Simple chart