.jpg)
American crude oil futures a day settles at $ 61.02. This is $ 1.11 or 1.85 %.
For trading day. It was an increase of $ 61.42. The depression was at $ 59.92. The price rose $ 3.07 or 4.46 % for the trading week, but it was not even after reaching $ 55.39, which was higher than the low price for the year $ 55.15 of the week from April 7, and the lowest price dating back to February 2021.
Looking at the hourly graph, the price recovery extended towards the decline by 38.2 % for the range since the highest price in April (the high price reached $ 72.22). The decline comes by 38.2 % at $ 61.63. This level is needed to increase the bullish bias from a technical perspective.
On the negative side, the moving averages are 100 and 200 hours near each other above the level of $ 59. The 100 -hour moving average has started to move to the upward trend.
Later this year,
Forexlive.com
It evolves into
Investinglive.comA new destination for smart market updates and the most intelligent decision -making for investors and traders alike.
