WTI Crude Oil Price Forecast

Thursday Forecast Uptrend scenario The uptrend may be expected to continue, while market is trading above support level 44.40, which will be followed by reaching

Fundamental Analysis Difference between supply and demand shows fair price between the levels $45 – 53, but new covid wave and lockdown increasing create downtrend

This/Next Week Forecast (November  23 – 27, 2020) Uptrend scenario The uptrend may be expected to continue in case the market rises above resistance level

Thursday Forecast Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 42.00, which will be followed by moving up

This/Next Week Forecast (November  16 – 20, 2020) Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 43,75, which

Thursday Forecast Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 41.85, which will be followed by moving up