Oil daily chart
- Oil is trading above the 50 and 100-day simple moving averages (SMAs) suggesting a bullish bias.
Oil 4-hour chart
- Crude oil WTI is trading above its main SMAs suggesting a bullish bias in the medium-term.
Oil 30-minute chart
- Oil is trading above its main SMAs suggesting bullish momentum in the near-term.
- The level to beat for bulls is 60.20. The next resistances to the upside are at 60.60 and 61.00 figure.
- To the downside, supports are at 59.30 and 59.00 level.
Additional key levels
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