Crude oil failed to find support at $67.72 a barrel however the market had to drop a little below 67.00 to find very strong buying interest. As it was anticipated, the bulls didn’t throw the towel that easily and this Thursday they managed to print a daily range of $2.3 as bulls are now fighting for the 69.00 level. The current bullish moment is strong and while pullbacks sub-69.00 are possible, the market is likely going to build on the current buy wave targeting 69.44 and 70.00 figure. Crude oil WTI 15-minute chart Spot rate: 69.13 Relative change: 1.90% High: 69.36 Low: 66.89 Trend: Bullish Resistance 1: 69.44 June 25 high Resistance 2: 70.00 figure Resistance 3: 70.53 May 24 low Resistance 4: 71.19 May 23 low Resistance 5: 72.13 July 6 lowResistance 6: 73.00 figure Support 1: 69.00 figure Support 2: 68.30 supply/demand level Support 3: 67.72 June 26 low Support 4: 67.16 June 14 high Support 5: 66.53 June 20 high Support 6: 65.71, June 22 low Support 7: 65.00 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: risk reversals, central bank divergence point to lower levels, eyes on 1.1580 FX Street 5 years Crude oil failed to find support at $67.72 a barrel however the market had to drop a little below 67.00 to find very strong buying interest. As it was anticipated, the bulls didn't throw the towel that easily and this Thursday they managed to print a daily range of $2.3 as bulls are now fighting for the 69.00 level. The current bullish moment is strong and while pullbacks sub-69.00 are possible, the market is likely going to build on the current buy wave targeting 69.44 and 70.00 figure. 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.
