OIL Forex Analysis for Today, Tuesday(23-04-2024)

OIL Forex Analysis for Today, Tuesday(23-04-2024)

OIL Forex Analysis for Today, Tuesday(23-04-2024)

Still Can Look for SELL OIL Again! Price Approaching Resistance

Daily Analysis of CLSK

US Approves Sanctions on Iran

The United States has approved new sanctions on the Iranian oil sector expanded to cover foreign ports, ships, and oil refineries processing or shipping Iranian crude oil. This raises concerns about a supply reduction. Meanwhile, the market continues to monitor the situation in the Middle East, although the Iran-Israel conflict shows signs of easing.

Monitor Resistance Area

Prices are approaching the resistance area, where there is a high probability of taking a sell opportunity if there is confirmation of a sell signal at that resistance area.

Prediction: WEAK OIL


  • R1 83.50
  • R2 82.50
  • R3 83.90
  • R4 84.45


  • S1 82.50
  • S2 83.50
  • S3 82.07
  • S4 81.51

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