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US OIL Forecast ... 10.04.2024
CFDs on WTI Crude Oil
Long
US OIL Forecast ... 10.04.2024
By CTA_tradesmart
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Oct 4, 2024
1
Oct 4, 2024
US oil prices are rising due to worries about the conflict in the Middle East getting worse.
Tensions are keeping prices up, even though OPEC+ plans to increase oil supply soon.
Oil is currently testing resistance at $75.15, with the next price targets at $77.20 and $78.45.
Support levels for oil are at $74.00 and $71.00.
Chart Patterns
Technical Indicators
Trend Analysis
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