WTI Crude oil, Thursday forecast, July 25
An uptrend will start as soon, as Crude oil rises above resistance level 56.35, which will be followed by moving up to resistance level 57.25. A downtrend will start as soon, as Crude oil drops below support level 55.75, which will be followed by moving down to support level 55.32 and 54.82.
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Crude oil weekly forecast, July 22 - 26
The uptrend may be expected to continue, while Crude oil is trading above support level 56.00 - 54.80, which will be followed by reaching resistance level 60.25. A downtrend will start as soon, as Crude oil drops below support level 54.80, which will be followed by moving down to support level 53.45 and 52.60.
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