Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

CRUDE Oil Forecast and Tehcnical Analysis Nov 17th

By

PrintPRINT

This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

CRUDE Oil Forecast and tehcnical analysis Nov 17th

Crude Oil is trading on the let's wait and see mode. OPEC and Non-OPEC summit will be held on November 30th. Bearish consolidation is in action.

The International Energy Administration (IEA) is predicting a slowdown in demand with the market in overbought mode, made this correction this week shaky.

CRUDE Oil Forecast

I look at "this sell-off" as a technical correction. Above chart is one of my long-term charts. Crude Oil prices broke above the longterm downtrend line and tested 58 USD ( a historical level as well )

Technicals:

Continue Reading


This article was written by Emre Tutucu for http://www.fxters.com/crude-oil-forecast-tehcnical-analysis-nov-17th/ on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

< Previous
  • 1
Next >
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE