MCX Crude oil Tips For Today: Intraday Profit Rs. 48000 in 2 Lots. Crudeoil 5745 to 5985 and 240 Point Done.
- Crudeoil 5969 to 5969 🚀🚀🚀
- Crudeoil 5969 to 5969 🚀🚀🚀
- Crudeoil 5969 to 5969 🚀🚀🚀
- Oil 240 Point Done. All Target Achived
- Crude oil Profit Rs. 48000 in 2 Lots
- WTI advances on sentiment, Kurdistan oil exports halt.
- Investors shrugged off the US banking system woes after First Citizens BankShares acquired Silicon Valley Bank.
- WTI Price Analysis: Stuck in neutral to the downward trend but could rally to $80.00 once RSI turns bullish.
WTI Technical Outlook
WTI Technical Outlook: WTI is still neutral to downward biased, though approaching the 20-day EMA. Oscillators remain bearish, with the Relative Strength Index (RSI) below 50, but it’s aiming up. So, if RSI turns bullish, WTI’s could rally to $80.00. Hence, WTI’s first resistance would be the 20-day EMA at $72.10. A breach of the latter will expose the 50-day EMA at $74.93, followed by the 100-day EMA at $78.06, before testing $80.00.