OIL Forex Analysis – Monday(11-03-2024)

OIL Forex Analysis – Monday(11-03-2024)

OIL Forex Analysis for Today – Monday(11-03-2024)

Seeking SELL Opportunities for OIL: Monitor Support Breakthrough

Daily CLSK Analysis

Crude Oil Under Pressure

Crude oil prices closed lower last week due to reduced demand from China, while according to the International Energy Agency, the supply remains plentiful.

Wait for Support Breakthrough

Crude oil prices are held within the support area. A breakthrough of support will increase selling opportunities.

Prediction: WEAK OIL


  • R1 78.79
  • R2 79.60
  • R3 79.61
  • R4 80.82


  • S1 77.04
  • S2 78.79
  • S3 76.19
  • S4 75.49

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