Crude Oil Price Analysis Expected Scenario Crude oil price shows sideways trades since morning, confined between the key support 75.25$ and the EMA50 that forms good resistance at 76.10$, and as long as the price is above the mentioned support, the bullish trend scenario will remain valid for today, which its next target reaches 77.64$, reminding you that breaking 75.25$ will put the price under the negative pressure to start building bearish on the intraday and short-term basis. Expected Trading Range Between 74.60$ support and 77.60$ resistance.

Trend Forecast: Bullish