OIL Forex Analysis for Today, Monday (01-07-2024)

OIL Forex Analysis for Today, Monday (01-07-2024)

OIL Forex Analysis for Today, Monday (01-07-2024)

Potential to BUY OIL, Still Moving Above Trendline

CLSK Analysis

Middle East Tensions Still Influence Prices

Rising geopolitical tensions in the Middle East involving Israel-Hamas-Hezbollah are still pushing crude oil prices higher.

Monitor Trendline Area

Prices are moving above the trendline area. Buying opportunities can be considered if a correction occurs to this trendline area.

Prediction: Strong Oil


  • R1 80.11
  • R2 82.22
  • R3 82.92
  • R4 83.53


  • S1 80.11
  • S2 81.18
  • S3 81.91
  • S4 81.00

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