financetom
Technology
financetom
/
Technology
/
Forecast update for crude oil -25-03-2026
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Forecast update for crude oil -25-03-2026
Mar 25, 2026 5:33 AM

Crude oil price declined during its recent intraday trading, amid ongoing negative signals from the relative strength indicators, despite reaching oversold levels. The price continues to face negative pressure as it trades below EMA50, which intensifies the downward pressure, especially after the price was previously affected by breaking a major short-term upward trendline.

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 >
The NZDCAD tests the resistance – Forecast today – 10-5-2024
The NZDCAD tests the resistance – Forecast today – 10-5-2024
May 10, 2024
NZDCAD Price Analysis 1. Expected Scenario NZDCAD price faces strong positive pressures from recent stochastic rally. Correctional bullish rebound tests 0.8256 resistance again. Scenario depends on strength of resistance. Expectation of forming strong negative waves if resistance holds. Targets at 0.8205 and 0.8172 levels if resistance holds. Breaching resistance confirms move to bullish track, targeting 0.8290 and 0.8345. 2. Expected...
No news for copper price – Forecast today – 10-5-2024
No news for copper price – Forecast today – 10-5-2024
May 10, 2024
Copper Price Analysis 1. Expected Scenario No significant news impacting copper price stability within the bullish channel. Strength of major resistance at $4.7000 delaying bullish momentum. Correctional decline anticipated unless resistance is breached. Accumulation of negative momentum crucial for decline towards $4.4200 and $4.3000. 2. Expected Trading Range Anticipated trading range today: $4.6800 support to $4.4500 resistance. Trend Forecast: Bearish...
Natural gas price continues to rise – Forecast today – 10-5-2024
Natural gas price continues to rise – Forecast today – 10-5-2024
May 10, 2024
Natural Gas Price Analysis 1. Expected Scenario Natural gas price confirms bullish track, settling above $2.075. Key support formed against bullish trades. Multiple targets reached, including $2.360. Stochastic attempting to crawl towards overbought areas to increase positive pressures. Suggested more bullish attempts until reaching the next main target at $2.520. 2. Expected Trading Range Anticipated trading range today: Between $2.260...
Platinum price presses on the barrier – Forecast today – 10-5-2024
Platinum price presses on the barrier – Forecast today – 10-5-2024
May 10, 2024
Platinum Price Analysis 1. Expected Scenario Platinum price benefits from stochastic attempts, gaining positive momentum. Pressure expected to renew on $983.00 barrier to resume bullish attack. Dependence on $963.00 level for additional support. Confirmation awaited for breach to target new positive stations at $996.00 and $1015.00. 2. Expected Trading Range Today's anticipated trading range: $965.00 support to $996.00 resistance. Trend...
Copyright 2023-2026 - www.financetom.com All Rights Reserved