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Crude Oil Technical Analysis July 25, 2019

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Crude Oil Technical Analysis July 25, 2019

Crude Oil Technical Analysis : The Crude Oil declined 2.30% against the USD on Tuesday and closed at 55.87. Today in the European session while Crude Oil technical Analysis July 25, 2019 is preparing at 7:45 GMT, the Crude Oil trading at 56.16, which is 0.51% lower from Yesterday’s close.

The pair is expected to find support at 54.92 and a fall through could take it to the next support level of 53.97. The pair is expected to find its first resistance at 57.20, and a rise through could take it to the next resistance level of 58.55. For today the expected trading range is between 54.92 Support and 57.20 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 54.92, Support 2: 53.97, Support 3: 53.63
Resistance Levels: Resistance 1: 57.20, Resistance 2: 58.55, Resistance 3: 59.50

Crude Oil Buying Opportunity for Intraday Trading July 25, 2019

Buy near the support area 54.92 and 53.97 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.

Crude Oil Selling Opportunity for Intraday Trading July 25, 2019

Sell near the resistance area 57.20 and 58.55 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.

Gold Technical Analysis July 25, 2019

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