NYMEX Crude Oil Technical Analysis: Recent aggregate, resistance level at $95.57
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Last Update: 2020-07-02
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Source: Internet
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Author: User
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, May 17 (May 16) Asian market early, NYMEX June crude oil futures slightly higher after a volatile downward sourcing, currently trading above $95 per barrelCAM
NyMEX crude oil futures are expected to close recently, according to Dow Jones technical analystsThe signals from the daily chart are mixed, macD indicators narrow fast and slow, stochastic indicators are higher, but the 5th moving average and the 15th moving average form a bearish crossCAM
The analyst noted that NYMEX crude oil resistance level is at $95.57 per barrel, after the break in the recent bullish, the target is $95.66 per barrel (Tuesday high), 95.81 U.Sdollars per barrel (Monday high), 96.2 $4/barrel (Friday high), $96.77 per barrel (Thursday and Wednesday high), $97.17/barrel (May 6 high) and $97.80 per barrel (April 1 high)Support at $93.23/barrel, after falling below the recent bearish, target sit at $92.13/barrel (Wednesday low), $90.65/barrel (May 2 low), $90.11/barrel (May 1 low), $89.21/barrel (April 24 low) and $87.55/barrel (April 22)CAM
NYMEX June crude futures were down 0.13 percent at $95.08 a barrel at 8:00 p.mBeijing timeCAM, May 17 (May 16) Asian market early, NYMEX June crude oil futures slightly higher after a volatile downward sourcing, currently trading above $95 per barrelCAM
NyMEX crude oil futures are expected to close recently, according to Dow Jones technical analysts The signals from the daily chart are mixed, macD indicators narrow fast and slow, stochastic indicators are higher, but the 5th moving average and the 15th moving average form a bearish cross CAM
The analyst noted that NYMEX crude oil resistance level is at $95.57 per barrel, after the break in the recent bullish, the target is $95.66 per barrel (Tuesday high), 95.81 U.S dollars per barrel (Monday high), 96.2 $4/barrel (Friday high), $96.77 per barrel (Thursday and Wednesday high), $97.17/barrel (May 6 high) and $97.80 per barrel (April 1 high) Support at $93.23/barrel, after falling below the recent bearish, target sit at $92.13/barrel (Wednesday low), $90.65/barrel (May 2 low), $90.11/barrel (May 1 low), $89.21/barrel (April 24 low) and $87.55/barrel (April 22) CAM
NYMEX June crude futures were down 0.13 percent at $95.08 a barrel at 8:00 p.m Beijing time CAM
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