OIL Forex Analysis for Today, Monday(25-03-2024)

OIL Forex Analysis for Today, Monday(25-03-2024)

OIL Forex Analysis for Today, Monday(25-03-2024)

Prepare to BUY OIL NOW! Support Still Holding

Daily Analysis CLSK

Decrease in US Rig Count

Crude oil prices slipped and tended to move flat, driven by the possibility of a ceasefire in Gaza. However, ongoing warfare in Europe and a decrease in the number of operating rigs in the US are holding back price declines.

Support Area Held

Prices held in the support area seen on the H1 time frame. Look for buy signal confirmation 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

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.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *