WTI bear trend remains intact below $24 per barrel. The level to beat for sellers is the 22 support. WTI daily chart WTI is consolidating the modest gains made recently. However, as the core trend remains bearish, this market remains vulnerable to the downside. WTI four-hour chart Crude oil is trading below its main SMAs on the four-hour chart suggesting a bearish bias in the medium term. Bears are likely eying a break below 22 support level which would introduce scope for an extension to the 20 and 18 levels to the downside. Conversely, resistance can emerge near the 24, 26 and 28 levels. Additional key levels 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 Ethereum Price Analysis: ETH/USD testing critical $150 support FX Street 2 years WTI bear trend remains intact below $24 per barrel. The level to beat for sellers is the 22 support. WTI daily chart WTI is consolidating the modest gains made recently. However, as the core trend remains bearish, this market remains vulnerable to the downside. WTI four-hour chart Crude oil is trading below its main SMAs on the four-hour chart suggesting a bearish bias in the medium term. Bears are likely eying a break below 22 support level which would introduce scope for an extension to the 20 and 18 levels to the downside. Conversely, resistance can… Top 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.
