Crude oil is bouncing from the October lows. WTI is consolidating near the 56.00 handle this Friday. Crude oil daily chart The crude oil West Texas Intermediate (WTI) is recovering from the October lows trading near $56.00 a barrel and above the 50 and 100-day simple moving averages (DMAs). Crude oil four-hour chart WTI is consolidating the recent bullish breakout while holding on above its main SMAs on the four-hour chart. Bulls seem to have taken the helm and next week 57.50 and 59.00 can become the new targets for buyers. Crude oil 30-minute chart WTI is trading above its main SMA, suggesting bullish momentum in the near term. Support can be seen at the 55.40 and 55.00 price 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 ECB’s Villeroy: Low interest rates will persist in light of the slowing global economy FX Street 3 years Crude oil is bouncing from the October lows. WTI is consolidating near the 56.00 handle this Friday. Crude oil daily chart The crude oil West Texas Intermediate (WTI) is recovering from the October lows trading near $56.00 a barrel and above the 50 and 100-day simple moving averages (DMAs). Crude oil four-hour chart WTI is consolidating the recent bullish breakout while holding on above its main SMAs on the four-hour chart. Bulls seem to have taken the helm and next week 57.50 and 59.00 can become the new targets for buyers. Crude oil 30-minute… 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.