Crude oil futures are trading up around one dollar on the day at $77.85 (up 1.25%). The low price today extended down to $76.18. That was the lowest level going back to February 26.This week, the price is currently down $-1.62 or minus 2.05%.Looking at the weekly chart, the low prices stayed above its 200-week moving average at $75.60 (low at $76.18). The high price for the week at $80.70 stayed below its 100-week moving average at $80.55. The price stayed between those MAs for the 3rd week in a row. Going forward, it would take a move above the 100-week MA or below the 200 week moving average to tilt the bias in the direction of the break. Absent that, the price is more neutral at least f
Hence then, the article about crude oil futures trade to new session highs was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Crude oil futures trade to new session highs )