Oil price history and analysis updating

16-Jun-2015 14:54

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Crude oil is one of the most demanded commodities and prices have significantly increased in recent times.Technical analysis helps you predict the trend of Oil Rates by the use of technical indicators.

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Crude oil price hovers around 45.61 level since morning, while stochastic loses its positive momentum gradually approaching from the overbought areas, to form negative factor that we expect to push ...Crude oil price is testing the key support 46.20 now, which represents one of the next trend keys besides 47.00 resistance, and we are still waiting to breach one of these levels to detect the next ...Crude oil price bounced bearishly strongly after approaching from retesting 45.61 level yesterday, to start testing 43.00$ per barrel barrier, waiting to continue the decline to visit 38.2% Fibonacci ...Crude oil price shows tight trading since yesterday settling below 45.00$ per barrel barrier, as stochastic lost its positive momentum clearly on the four hours' time frame, forming negative motive ...

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