Top.Mail.Ru
empty
23.06.2025 07:29 AM
Technical Analysis of Intraday Price Movement of Crude Oil Commodity Instrument, Monday June 23, 2025.

This image is no longer relevant

In addition to the appearance of Divergence between the price movement of Crude Oil and the Stochastic Oscillator indicator on the 4-hour chart, there is also a Bearish 123 pattern and a Triangle pattern where all these facts indicate that in the near future #CL has the potential to be corrected downwards, where the level of 74.20 will try to be broken and close below it. If successful, then #CL has the potential to continue its weakening correction to the level of 73.53 as its first target, and if the volatility and momentum of its weakening support, then #CL will continue its weakening correction back to the level of 72.57. But if during the course of its weakening correction suddenly #CL strengthens again to break and close above 77.64 then all the weakening correction scenarios that have been described previously will be invalid and automatically canceled by themselves.

(Disclaimer)

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

GBP/USD Forecast onNovember 3, 2025

On the hourly chart, the GBP/USD pair continued its downward movement on Friday, but bears failed to consolidate below the support level of 1.3110–1.3139. Thus, we have already seen

Samir Klishi 10:56 2025-11-03 UTC+2

GBP/USD. Technical Analysis for November 2025

In October, the pair moved downward and tested the 38.2% retracement level – 1.3140 (red dashed line), closing the monthly candle at 1.3151. In November, the price is expected

Stefan Doll 10:25 2025-11-03 UTC+2

EUR/USD. Technical Analysis for November 2025

In October, the pair moved downward and almost tested the 23.6% retracement level – 1.1506 (yellow dashed line), closing the monthly candle at 1.1537. In November, the price is expected

Stefan Doll 10:17 2025-11-03 UTC+2

GBP/USD. Technical Analysis for the Week of November 3–8, 2025

Last week, the pair moved downward and tested the 38.2% retracement level – 1.3141 (red dashed line), closing the weekly candle at 1.3151. In the upcoming week, the price

Stefan Doll 10:11 2025-11-03 UTC+2

EUR/USD. Technical Analysis for the Week of November 3–8, 2025

Last week, the pair moved downward and almost tested the 23.6% retracement level – 1.1506 (red dashed line), then moved upward, closing the weekly candle at 1.1537. In the upcoming

Stefan Doll 10:06 2025-11-03 UTC+2

GBP/USD. Technical Analysis on November 3, 2025

On Friday, the pair moved downward to the 161.8% level – 1.3089 (red dashed line), then turned upward, closing the daily candle at 1.3151. Today it will attempt to start

Stefan Doll 09:29 2025-11-03 UTC+2

EUR/USD. Technical Analysis on November 3, 2025

On Friday, the pair moved downward to the 76.4% level – 1.1515 (blue dashed line), then moved upward, closing the daily candle at 1.1537. Today it will attempt to start

Stefan Doll 09:22 2025-11-03 UTC+2

Forex forecast 03/11/2025: EUR/USD, GBP/USD USD/JPY, USD/CAD, USD/CHF, USD, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 09:21 2025-11-03 UTC+2

Platinum is likely to weaken toward its nearest support level today. Monday, November 03, 2025.

[Platinum] – [Monday, November 03, 2025] With both of EMAs in a Death Cross configuration and the price movement below both EMAs, despite the RSI remaining in the Neutral-Bullish zone

Arief Makmur 08:01 2025-11-03 UTC+2

XPD/USD is attempting to test its nearest support level today. Monday, November 03, 2025.

[XPD/USD] – [Monday, November 03, 2025] Although both EMAs are still in a Golden Cross formation, the price of XPD/USD is already below both EMAs

Arief Makmur 08:01 2025-11-03 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.