Latest Articles

China’s AI Breakthroughs Spark Stock Market Frenzy as Alibaba Surges

China’s latest artificial intelligence advancements have triggered a stock market rally, propelling technology shares to multi-year highs and fueling investor optimism. On Thursday, Alibaba Group...
HomeLatestCrude Oil Price Faces Continued Losses – March 6, 2025 Forecast

Crude Oil Price Faces Continued Losses – March 6, 2025 Forecast

Crude oil prices saw a bullish bounce after reaching the extended target of $65.50 mentioned in previous reports. The price tested the resistance level at $67.05, a key point formed after breaking through it earlier.

For the main bearish trend to remain intact, the price must stay below the $67.05 resistance level. If this holds, the next primary target for the bearish wave is $64.00.

Key Levels to Watch:

  • Support: $64.00
  • Resistance: $67.05

Trend Forecast: Bearish (with resistance at $67.05)

Related topics: