financetom
Technology
financetom
/
Technology
/
End of day crude oil price forecast update - 09-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
End of day crude oil price forecast update - 09-04-2024
Apr 9, 2024 12:00 PM

Crude oil price bounced bearishly after failing to surpass 87.00$ barrier, to form double top pattern that might force the price to decline and visit the bullish channels support line around 83.05$ in the upcoming sessions, making the bearish bias suggested on the intraday basis, taking into consideration that the consolidation of 85.25$ level against the current negative pressure will stop the expected decline and lead the price to rise again.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved