NYMEX Crude Oil Technical Analysis: Recent Gains, Resistance Level snr. $91.72
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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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, April 25 (April 25) Asian market early, NYMEX June crude oil futures slightly higher after a volatile upward trend, currently trading near $91.47 per barrelpUc
Dow Jones technical analysts said the near-term gains are expectedThe daily chart sends a positive signal, the MACD indicator to the 9-day moving moving average to form a cross forward, and the parabolic stop loss reverse indicator also sends a bullish signalpUc
The analyst noted that nyMEX crude oil resistance levels were at $91.72 a barrel, the breakout target was $91.91 per barrel (a 5-day high on April 5), the 100-day moving average (currently at $92.50/barrel), the 55-day moving average (currently at $93.14/barrel) and $93.52 per barrel (Friday's high)The support level is at $89.21 a barrel, which will reverse the recent rally, with a target of $87.80 per barrel (Tuesday's low), $87.55 per barrel (Friday's low), $85.61 per barrel (a four-month low recorded on Thursday) and $85.21 per barrel (11 December 2012 low)pUc
NYMEX June crude futures were up 0.11 percent at $91.28 a barrel at 8:05 p.mBeijing timepUcApril 25 (April 25) Asian market early, NYMEX June crude oil futures slightly higher after the shock up, is currently trading near $91.47 per barrelpUc
Dow Jones technical analysts said the near-term gains are expectedThe daily chart sends a positive signal, the MACD indicator to the 9-day moving moving average to form a cross forward, and the parabolic stop loss reverse indicator also sends a bullish signalpUc
The analyst noted that nyMEX crude oil resistance levels were at $91.72 a barrel, the breakout target was $91.91 per barrel (a 5-day high on April 5), the 100-day moving average (currently at $92.50/barrel), the 55-day moving average (currently at $93.14/barrel) and $93.52 per barrel (Friday's high)The support level is at $89.21 a barrel, which will reverse the recent rally, with a target of $87.80 per barrel (Tuesday's low), $87.55 per barrel (Friday's low), $85.61 per barrel (a four-month low recorded on Thursday) and $85.21 per barrel (11 December 2012 low)pUc
NYMEX June crude futures were up 0.11 percent at $91.28 a barrel at 8:05 p.mBeijing timepUc
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