CLSK Forex Analysis – Friday (02-02-2024)

CLSK Forex Analysis – Friday (02-02-2024)

CLSK Forex Analysis for Today, Friday (02-02-2024)

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OIL IN FREE FALL! SELL Opportunity Still Open

Daily CLSK Analysis

Oil Drops, Market Continues to Monitor Middle East Conditions

Oil prices are under pressure as the market monitors the situation in the Middle East, amid ceasefire negotiations between Hamas and Israel.

Price Moving Below Pressure

Prices are seen moving below pressure, testing the support area. Bearish momentum is starting to decrease as candlesticks shrink. Beware of pullbacks to the resistance area, and consider looking for sell signals in that resistance area.

Prediction: WEAK OIL

Resistance

  • R1: 76.64
  • R2: 75.08
  • R3: 77.19
  • R4: 78.42

Support

  • S1: 75.08
  • S2: 76.64
  • S3: 74.77
  • S4: 73.91
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Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.


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