Crude Oil Technical Analysis Aug 14, 2023
Crude Oil rose 0.20% against the USD on Friday and closed at 83.06. Today in the European session, while the Crude Oil technical Analysis Aug 14, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 82.80, which is 0.31% lower than Yesterday’s close.
The pair is expected to find support at 82.00 and a fall-through could take it to the next support level of 81.60 The pair is expected to find its first resistance at 83.70 and a rise-through could take it to the next resistance level of 84.85. Today’s expected trading range is between 80.00 support and 85.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 82.00
Support 2: 81.60
Support 3: 80.00
Important resistance levels:
Resistance 1: 83.70
Resistance 2: 84.85
Resistance 3: 85.00
Gold Technical Analysis Aug 14, 2023