Crude oil Weekly Forecast

Weekly Forecast (September 5 – 9, 2022)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 92.93, which will be followed by moving up to resistance level 97.66.
Downtrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 85.41, which will be followed by reaching resistance level 76.98.

previous week forecast

Monthly Forecast, September 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 92.93, which will be followed by moving up to resistance level 101.88.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 92.93, which will be followed by reaching support level 76.98 and 62.43.

previous week forecast

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