"No warning can save people determined to grow suddently rich" - Lord Overstone
 |
Gold •15 mins | 1,407.40 | -3.80 | -0.27% |
|
Platinum •15 mins | 845.00 | -1.90 | -0.22% |
|
Bitcoin •1 min | 9,456.75 | -1,483.69 | -13.56% |
 |
WTI Crude •11 mins | 57.68 | +0.06 | +0.10% |
|
Gasoline •10 mins | 1.854 | +0.009 | +0.47% |
|
Silver •15 mins | 15.65 | -0.03 | -0.18% |
 |
Silver • 15 mins | 15.65 | -0.03 | -0.18% | |
|
Copper • 15 mins | 2.703 | +0.003 | +0.11% | |
|
Ethereum • 1 min | 199.79 | -32.00 | -13.80% | |
|
Brent Crude • 11 mins | 64.62 | +0.27 | +0.42% | |
|
Natural Gas • 10 mins | 2.301 | +0.015 | +0.66% |
Modern monetary theory has been…
Stocks sold off last week…
Welcome to Art Basel: The…
Crude oil is still in a bullish trend despite some profit taking at the moment that sent the commodity lower. The commodity has weakened from resistance given at 54.51 (10/07/2015 high) towards 50. Expected to head even higher.
In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness are very likely. Strong support lies at 24.82 (13/11/2002) while can now be found at resistance at 51.93 (19/10/2015 high).
Sign up to the
Daily Technical Report
