WTI crude oil futures settle at $47.62

Technical Analysis

Up $0.63 or 1.34%

The price of WTI crude oil futures are settling at $47.62. That’s up $0.63 or 1.34%

The high price today reached $47.73. The low price extended to $46.54.

Technically the low price today based ahead of its 100 hour moving average. That level currently comes in at $46.63 a moving higher. Stay above the 100 hour moving average and the 200 hour moving average at $46.19 keeps the buyers more in control.
For bank trade ideas, check out eFX Plus

Articles You May Like

GBPUSD: Sloppy trading this week in the pair. Will it become more agreeable to technicals
Gold hits over 1-month peak on Fed rate-cut hopes
US President Donald Trump:
Pound Sterling Price News and Forecast: Decline in UK Retail Sales sets stage for BoE rate cuts
Crude Oil Futures (CL) Analysis for Today

Leave a Reply

Your email address will not be published. Required fields are marked *