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Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024

Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...

Brent Oil Price Forecast – December 16, 2024

Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...

Crude Oil Prices Hit Target – Forecast for 12-12-2024

Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...

Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024

Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open,...

Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024

Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in...

Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024

Brent oil prices continued their upward movement yesterday, surpassing the $72.06 level and reaching the $73.00 barrier....

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Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024

Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...

Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024

Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...

Brent Oil Price Forecast Update – December 19, 2024

Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...

Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)

Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...

Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024

Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...

Crude Oil Price Forecast – December 16, 2024

Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...

Brent Oil Price Forecast – December 16, 2024

Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...

Brent Oil Prices Reach Target – Forecast for 12-12-2024

Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...

Crude Oil Prices Hit Target – Forecast for 12-12-2024

Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...

Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024

Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...

Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024

Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in a bearish bounce. This supports expectations for...

Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024

Brent oil prices continued their upward movement yesterday, surpassing the $72.06 level and reaching the $73.00 barrier. However, the 50-period Exponential Moving Average (EMA50)...

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