Insights on Crude Oil Price Movement for This Week

Sunday, 14 July 2024, 09:22

This week's Crude Oil forecast highlights a bounce from the $80.880 low to $83.770, with a crucial support level at $82.000. The predicted range for the week is between $80.500 and $84.100, offering potential trading opportunities for investors. Keep a close eye on the price movements as they navigate within this range.
Dailyforex
Insights on Crude Oil Price Movement for This Week

Crude Oil Weekly Forecast Update

This week's analysis focuses on the latest movements in Crude Oil prices, emphasizing a bounce from the recent low to reach $83.770.

Key Points:

  • Price Levels: The support level at $82.000 is critical for future price action.
  • Projected Range: Expect the trading range to fluctuate between $80.500 and $84.100.

Investors should monitor the price movements closely to capitalize on potential trading opportunities within this range.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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