OIL Forex Analysis for Today, Tuesday (18-06-2024)

OIL Forex Analysis for Today, Tuesday (18-06-2024)

OIL Forex Analysis for Today, Tuesday (18-06-2024)

Buying Opportunity for OIL, Monitor Support Area

CLSK Analysis

Bullish Sentiment Remains Strong

The rise in oil prices is still driven by bullish sentiment as OPEC+ plans to end production cuts in September.

Monitor Support Area

Crude oil prices are still in an uptrend. Buying opportunities can be sought if there is a correction to the support area.

Prediction: STRONG OIL

Resistance Levels

  • R1 79.31
  • R2 77.00
  • R3 79.79
  • R4 80.61

Support Levels

  • S1 77.00
  • S2 79.35
  • S3 76.21
  • S4 75.13

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. XM broker 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Your email address will not be published.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 *