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EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

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Euro Technical Outlook: EUR/USD and EUR/GBP Prices and Forecasts
2021-02-27 04:00:00
Euro Price Forecast: EUR/USD at Risk of Reversal with US PCE Data on Tap
2021-02-26 07:30:00
Oil - US Crude
Mixed
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High
of clients are net long.
of clients are net short.
Long Short

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Canadian Dollar Forecast: USD/CAD Price Hangs on Reflationary Market Sentiment
2021-02-27 08:00:00
Oil Price Approaches 2020 High Even as RSI Divergence Takes Shape
2021-02-25 20:30:00
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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
2021-02-27 11:00:00
Dow Jones Falls on Rising Yields, ASX 200, Nikkei 225 Tumble
2021-02-26 01:30:00
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Gold Price Forecast: Gold Breakdown Accelerates – XAU/USD Bulls Done?
2021-02-26 20:00:00
Nasdaq 100, Gold, Financial Fund Flows During Yields-Driven Volatility
2021-02-26 17:30:00
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GBP/USD Weekly Forecast: GBP/USD, EUR/GBP Reversal, Now What?
2021-02-26 16:00:00
British Pound (GBP) Latest: GBP/USD Correction From Extremes
2021-02-26 09:00:00
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US Dollar Outlook: FX Volatility Ramps as Bond Selloff Intensifies
2021-02-25 23:22:00
US Dollar Outlook: DXY Index Rejects 50-Day Moving Average
2021-02-24 23:50:00
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Crude Favored Lower Below 9331

Crude Favored Lower Below 9331

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_oil_body_crude.png, Crude Favored Lower Below 9331

Prepared by Jamie Saettele, CMT

Look lower against 9331 towards September resistance at 9049 and the 11/1/11 low at 8915. Exceeding 9331 would give scope to additional strength towards 9521 and 9749. As is the case in other markets (notably EURUSD and NZDUSD), the base channel should watched for resistance in the future.

LEVELS: 9749 9521 9331 9049 8915 8661 8421

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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