Permanecer 
Condiciones de negociación
Products
Herramientas
Crude oil is trading around $88.82, below the 21-day SMA and above the strong Murray 6/8 support level, after several attempts to consolidate above this zone.
The daily chart shows a strong uptrend in crude oil that began on June 30, reaching a high of around $102.90. However, crude oil was unable to consolidate above the 8/8 Murray line, and since early September, we have seen a strong technical correction. It is likely that CL will continue to fall in the coming days, but to confirm this, we must monitor the 6/8 Murray line.
On the daily chart, we can see that crude oil left a gap in the $84 area on August 23. Technically, if crude oil falls below $87.50, we could expect it to reach the 200 EMA around $83.17, which could close this gap.
If crude oil remains above $87.50—where the 6/8 Murray level is located—we could expect a technical rebound, which could reach the 21 SMA around $93.50.
A decisive break above the secondary downtrend channel formed from its high of $102.90 could lead to a break of this zone around the psychological level of $90, which could then be seen as a buy signal with targets at $95 and finally at the 8/8 Murray level around $100.
Our trading plan for the next few hours is to buy crude oil above $87.50. Conversely, a break below this level could be seen as a signal to sell, with a target at $83.17, around the 200-period EMA.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
