Crude oil bulls are keeping the bull trend going as they keep the market above 71.00. Crude oil is trading above its 50, 100 and 200-period simple moving average suggesting a bullish bias. Bulls objective is to break above $73.00 a barrel in order to target 74.00 and 75.24 (July high). A break below 71.45 September 26 low would likely invalidate the bullish bias. Crude oil WTI 4-hour chart Spot rate: 72.22 Relative change: 0.12% High: 72.56 Low: 71.69 Main Trend: Bullish Resistance 1: 72.00 figure Resistance 3: 73.00 figure Resistance 4: 75.00 figure Support 1: 71.45 September 26 low Support 2: 70.53 May 24 low Support 2: 70.53 May 24 low Support 3: 70.00 figure Support 4: 69.44 June 25 high Support 5: 69.30 August 24 high Support 6: 69.00 figure FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD extends losses, tests 100-DMA at 1.1640 FX Street 4 years Crude oil bulls are keeping the bull trend going as they keep the market above 71.00. Crude oil is trading above its 50, 100 and 200-period simple moving average suggesting a bullish bias. Bulls objective is to break above $73.00 a barrel in order to target 74.00 and 75.24 (July high). A break below 71.45 September 26 low would likely invalidate the bullish bias. Crude oil WTI 4-hour chart Spot rate: 72.22 Relative change: 0.12% High: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
