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 is trading around $94.94 after reaching last week's high of around $97.02. A slight technical correction is now being observed, and this correction is likely to continue in the coming hours, potentially reaching the 200 EMA around $89.37.
Technically, crude oil has reached the upper band of the descending trend channel. This area could exert pressure, and we could expect crude oil to reach the 7/8 Murray level around $87.50 in the coming days. We even anticipate that the gap left around $83.35 could be filled.
If crude oil consolidates below $96.90 or below the descending trend channel in the coming hours, it could be considered a selling opportunity, as we technically expect a correction towards the psychological level of $90.
Conversely, a pullback towards the 200 EMA around the 8/8 Murray level could also signify a strong technical reversal, as this area has acted as a strong barrier in the past.
The Eagle indicator is showing a positive signal, so we will look for buying opportunities as long as the price consolidates above the 7/8 Murray level around $87.50. According to the chart, the upward momentum is clearly exhausted, and it is likely that the upward cycle could resume after a technical correction.
*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।
