WTI tanked almost 10% in the last 4 sessions as it reached a weekly bullish trendline. The market is consolidating the strong sell-off of the last few days as the market is deliberating between more losses or a resumption of the bull trend of the last months. A move above $67.00-$67.30 a barrel can open the gates to a reversal up, although it feels slightly premature at this stage. A strong break below 66.00 can see an extension of the bear move towards the 64.00 handle. Crude oil WTI 15-minute chart Spot rate: 66.46 Relative change: -1.22% High: 67.50 Low: 65.78 Trend: Bearish Support 1: 66.00 handle Support 2: 65.56 April 17 low Support 3: 64.12 April 5 high Resistance 1: 67.30 major support/resistance Resistance 2: 68.30 major support/resistance Resistance 3: 69.00 handle 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 Forex today: thin holiday trade sees euro off to the cleaners due to political angst in Europe FX Street 5 years WTI tanked almost 10% in the last 4 sessions as it reached a weekly bullish trendline. The market is consolidating the strong sell-off of the last few days as the market is deliberating between more losses or a resumption of the bull trend of the last months. A move above $67.00-$67.30 a barrel can open the gates to a reversal up, although it feels slightly premature at this stage. A strong break below 66.00 can see an extension of the bear move towards the 64.00 handle. Crude oil WTI 15-minute chart Spot rate: … 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.
