WTI Crude oil, Tuesday forecast, March 31

WTI Crude oil (CL), Futures market
Tuesday forecast, March 31
Uptrend

The uptrend may be expected to continue, while pair is trading above support level 20.80, which will be followed by reaching resistance level 21.96 and 22.50.
Downtrend
An downtrend will start as soon, as the pair drops below support level 20.80, which will be followed by moving down to support level 19.92.

Weekly forecast, March 30 – April 3
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 20.80, which will be followed by reaching support level 17.12
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 20.80, which will be followed by moving up to resistance level 22.50 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 24.40 – 25.19.

Monthly forecast, April 2020
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 26.05, which will be followed by reaching support level 17.12 or 10.65.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 26.05, which will be followed by moving up to resistance level 42.36.


DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor

WTI Crude oil, Wednesday forecast, March 18

WTI Crude oil (CL), Futures market
Monday forecast, March 30
Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 20.80, which will be followed by reaching support level 19.30.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 20.80, which will be followed by moving up to resistance level 22.38.

Weekly forecast, March 30 – April 3
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 20.80, which will be followed by reaching support level 17.12
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 20.80, which will be followed by moving up to resistance level 22.50 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 24.40 – 25.19.

Monthly forecast, April 2020
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 26.05, which will be followed by reaching support level 17.12 or 10.65.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 26.05, which will be followed by moving up to resistance level 42.36.


DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor

WTI Crude oil, Wednesday forecast, March 18

WTI Crude oil (CL), Futures market
Wednesday forecast, March 18
Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 26.14, which will be followed by reaching support level 22.80.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 26.14, which will be followed by moving up to resistance level 27.33.

Weekly forecast, March 16 – 20
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56 and 26.15.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 30.00, which will be followed by moving up to resistance level 34.85 – 36.34.

Monthly forecast, March 2020
Downtrend
The downtrend may be expected to continue in case the market drops below support level 42.40, which will be followed by reaching support level 39.20, 35.35, 26.15.
Correction
An correction may start from support 42.40 to resistance 50.50.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level50.50, which will be followed by moving up to resistance level 63.80.


DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor

WTI Crude oil, Tuesday forecast, March 17

WTI Crude oil (CL), Futures market
Tuesday forecast, March 17
Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 30.42, which will be followed by reaching support level 27.56.
Uptrend
An downtrend will start as soon, as the pair drops below support level 30.42 – 30.94, which will be followed by moving down to support level 33.37 – 33.87.

Weekly forecast, March 16 – 20
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56 and 26.15.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 30.00, which will be followed by moving up to resistance level 34.85 – 36.34.

Monthly forecast, March 2020
Downtrend
The downtrend may be expected to continue in case the market drops below support level 42.40, which will be followed by reaching support level 39.20, 35.35, 26.15.
Correction
An correction may start from support 42.40 to resistance 50.50.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level50.50, which will be followed by moving up to resistance level 63.80.


DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor

WTI Crude oil, Monday forecast, March 16

WTI Crude oil (CL), Futures market
Monday forecast, March 16
Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56.
Uptrend
An downtrend will start as soon, as the pair drops below support level 30.00, which will be followed by moving down to support level 31.58 or 33.87.

Weekly forecast, March 16 – 20
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56 and 26.15.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 30.00, which will be followed by moving up to resistance level 34.85 – 36.34.

Monthly forecast, March 2020
Downtrend
The downtrend may be expected to continue in case the market drops below support level 42.40, which will be followed by reaching support level 39.20, 35.35, 26.15.
Correction
An correction may start from support 42.40 to resistance 50.50.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level50.50, which will be followed by moving up to resistance level 63.80.


DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor