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
Crude Nears Bull Flag Target

Crude Nears Bull Flag Target

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Crude Nears Bull Flag Target

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The last update noted that “the ‘Doha low’ registered at a well-defined level (August 2015 low and resistance in late December 2015). Respect upside potential while above that level.” Crude remains constructive while within the Andrew’s structure shown. The market is testing the median line now, which was resistance last week. A bull flat objective is 46.45.

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