Exclusive Oil Price Analysis
Another day, another gap. Have the bears completely capitulated yet?
The gap, the pattern and the retracement. What does this combination tell us about the next move?
Pro-bearish gap vs. bullish appetite for higher levels. Who will emerge victorious from this battle?
Strong upswings, strong formations, and strong lines. Will the bulls be strong enough to continue their fight?
Defense of the support zone, proximity to the upper line of the channel, and candle formation. How did this affect the bulls?
Fresh multi-month low, rising wedge, and divergences… What does this mix of technical factors tell us about the future of XOI?
Oil Price Analysis
Black gold benchmarks continued their decline on Tuesday, having lost more than 2%!