Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Crude oil (WTI) is trading around $66.02 per barrel after finding good support around the 4/8 Murray and around the 200 EMA, which has a bullish bias.
In the coming hours, crude oil is expected to continue rising and could reach the 7/8 Murray around $67.18 and finally, the 8/8 Murray around the top of the uptrend channel located at $68.75.
Crude oil has surpassed resistance levels since the end of January, when it attempted to break through $65.62 on several occasions. Currently, we could expect WTI to continue rising in the coming days until it reaches the target of $68.75. Crude oil could even reach the psychological level of $70 in the short term.
On the contrary, if crude oil falls below the 6/8 Murray, we could expect the bearish cycle to resume; hence, the price may return to the 4/8 Murray support levels around $62.50.
Given that crude oil has been showing positive signs since the beginning of January, it is expected to continue rising in the coming days, so any pullback towards daily support levels will be seen as an opportunity to continue buying.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
