• 10 hours Banksy’s Littered ‘Monet’ Sells for $10M
  • 2 days Three Renewable Energy IPOs To Watch
  • 4 days Bitcoin Nears $13,000 As PayPal Joins The Crypto Fray
  • 4 days DOJ Declares The Obvious: Google Is A “Monopoly”
  • 6 days Alibaba Is About To Make History Again
  • 7 days Robinhood Users Are Latest Target Of Pandemic Hackers
  • 9 days The Hydrogen Boom Will Provide A $200B Boost To Wind And Solar Energy
  • 10 days Will The 5G Rollout Overshadow This Major Merger?
  • 11 days Corporate Bitcoin Holdings Boost Crypto Confidence
  • 12 days Indonesia Rolls Out Augmented Reality Innovation To Combat COVID
  • 12 days Banks Are Getting Rich On Pandemic Overdrafts
  • 12 days The Real Reason China Is Betting Big On Renewables
  • 13 days Europe Wants To End The Big Tech Monopoly
  • 13 days New Breakthrough Could Transform Rare Earth Mining
  • 14 days Waymo Set To Roll Out Fully Self-Driving Vehicles
  • 15 days Aramco Dividend Won’t Cover Saudi Budget Gap
  • 16 days Credit Card Debt Plummets Amid COVID
  • 17 days Biden Plan Targets “Wealthy” Taxpayers
  • 18 days McAfee Arrested In Spain On Tax Evasion Charges
  • 19 days South Asia Is Set To Unleash A Flurry Of IPOs
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Crude Oil - Collapsing

Crude oil has broken key support given at 47.01 (22/01/2017 low). The road is wide-open towards support given at 42.20 (14/11/2017 low).

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 resistance can now be found at 55.24 (03/01/2017 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment