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Crude took support at 50 EMA. Now slightly bullish
CFDs on WTI Crude Oil
Long
Crude took support at 50 EMA. Now slightly bullish
By mkmunir3
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Aug 29, 2022
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Aug 29, 2022
Crude, after touching a peak, fell and took support at 50 EMA. Now slightly bullish. Overall trend looks bullish over last few months. Same expected to continue . Indicated as per this report too
spglobal.com/commodityinsights/en/market-insights/latest-news/oil/070622-crude-oil-price-forecasts-under-pressure-as-recession-fears-mount
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mkmunir3
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