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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 27, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 27 January 2016 WTI Crude March contract WTI Crude could be entering a more stable phase where we will see a sideways range trend develop. We held the 3050/40 level & could now re-target 3085 then our selling opportunity at 3230/40, with stops above 3270. Just be aware that a break above 3270 is a buy signal today & targets 3325/30 then strong resistance at 3355/60 & the main challenge for bulls this week. First support at 3050/40 but below 3020 risks a slide to

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