News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Breaking news

UK Prime Minister Boris Johnson Resigns

Crude Fails at 200 Day Average; Support at 45.32/76

Crude Fails at 200 Day Average; Support at 45.32/76

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Crude Fails at 200 Day Average; Support at 45.32/76

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-“Crude reached the median line and is plunging from that median line. The slope presented above has caught every important turn over the last few months…so follow it!”

-“Crude has broken above the median line (used to be resistance). Watch the same line now for support.” The line was reached as support today (10/13). Given failure at the 200 day average, crude might slip a little lower but be aware of 45.32/76 as support.

For more analysis and trade setups, visit SB Trade Desk

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

DISCLOSURES