GCM Asia – CRUDEOIL

CrudeOIL, Daily: Crude oil price was traded higher while currently testing the resistance level at 83.05. MACD which illustrated bullish bias momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level.  ...

CrudeOIL, Daily: Crude oil price was traded following the prior rebound form the support level at 79.70. However, MACD which illustrated decreasing bullish momentum suggests the commodity to undergo technical correction in short term.   Resistance level: 82.55,...

CrudeOIL, Daily: Crude oil price was traded higher while currently testing the resistance level at 80.75. MACD which illustrated bullish bias momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level.  ...

CrudeOIL, Daily: Crude oil price was traded lower while testing the support level at 79.70. MACD which illustrated decreasing bullish momentum suggests the commodity to extend its losses after breakout the support level.   Resistance level: 79.70, 82.55 Support...

CrudeOIL, Daily: Crude oil price was traded lower while currently testing the support level at 79.75. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses after it successfully breakout below the support level.  ...

CrudeOIL, Daily: Crude oil price was traded higher while testing the resistance level at 85.35. MACD which illustrated increasing bullish momentum suggests the commodity to extend its gains after breakout the resistance level.   Resistance level: 82.55, 85.35...

CrudeOIL, Daily: Crude oil price was traded higher following the prior breakout above the previous resistance level at 80.75. MACD which illustrated bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 83.05.   Resistance...

CrudeOIL, Daily: Crude oil price was traded higher following the prior after breakout above the previous resistance level at 79.70. MACD which illustrated increasing bullish momentum suggests the commodity to extend its gains toward the resistance level at 85.35....

CrudeOIL, Daily: Crude oil price was traded higher following the prior breakout above the previous resistance level at 80.75. MACD which illustrated bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 83.05.   Resistance...

CrudeOIL, H4: Crude oil price was traded lower following the prior retracement from the higher level. MACD which illustrated increasing bearish momentum suggests the commodity extended its losses toward the support level.   Resistance level: 80.95, 83.30 Support...