Yesterday Crude oil moved as expected. It was on track to snap a two-week winning streak after the U.S. central bank indicated interest rate cuts could be delayed by at least two more months, but indications of healthy fuel demand and supply concerns could revive prices in coming days.<\/p>\n\n\n\n
In the morning Brent crude futures were down 44 cents, or 0.5%, at $83.23 a barrel at 0524 GMT on Friday, while U.S. West Texas Intermediate crude futures were 48 cents, or 0.6%, lower at $78.13.<\/p>\n\n\n\n
CURRENTLY CRUDE OIL MOVING ON UP TREND<\/mark><\/strong><\/p>\n\n\n\n Expecting correction up to 77.65<\/p>\n\n\n\n Today’s important levels for trading are 77.25, 77.98, 78.90 and 79.63<\/p>\n\n\n\n Trading idea for today: Buy On Dip<\/mark><\/strong><\/p>\n\n\n\n Trade setup:<\/mark><\/strong><\/p>\n\n\n\n Pullback Buy around@77.65, Deeper Buy around@77.25<\/p>\n\n\n\n Safe swing sell below 76.70,<\/p>\n\n\n\n Safe swing buy above 78.70<\/p>\n\n\n\n Yesterday Crude oil moved as expected. It was on track to snap a two-week winning streak after the U.S. central bank indicated interest rate cuts could be delayed by at least two more months, but indications of healthy fuel demand and supply concerns could revive prices in coming days. In the morning Brent crude futures […]<\/p>\n","protected":false},"author":1,"featured_media":414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,38],"tags":[],"class_list":["post-413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-technical-analysis"],"yoast_head":"\nRemark: This market analysis is published to increase your awareness, but not to give instructions to make a trade.<\/mark><\/h6>\n","protected":false},"excerpt":{"rendered":"