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Crude oil price forecast update 26-04-2024
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Crude oil price forecast update 26-04-2024
Apr 26, 2024 4:21 AM

Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above 83.90$ level, keeping the bullish trend scenario valid and active for today. Supported by moving above the EMA50, waiting to visit 85.70$ followed by 88.00$ levels as next main targets. Breaking 83.90$ will put the price under the correctional bearish pressure again, to head towards targeting 81.50$ areas on the near-term basis. Expected Trading Range Between 83.00$ support and 85.90$ resistance.

Trend Forecast: Bullish

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