OIL Forex Analysis for Today, Friday(22-03-2024)

OIL Forex Analysis for Today, Friday(22-03-2024)

OIL Forex Analysis for Today, Friday(22-03-2024)


Daily Analysis CLSK

Demand from the US Begins to Decline

Oil prices corrected yesterday after inventory data suggested a decline in demand in the United States. Additionally, there is news that the UN is drafting a resolution for a ceasefire in the Hamas-Israel conflict.

Price Held at Support Area

Prices held in the support area after a drop following confirmation of the double top pattern yesterday, which has reached its target. Confirmation of buy signals can be sought in that support area.

Prediction: STRONG OIL


  • R1 80.87
  • R2 80.09
  • R3 81.28
  • R4 81.59


  • S1 80.09
  • S2 80.87
  • S3 79.69
  • S4 78.94

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