Technical Analysis

WTI crude oil settles at $53.26

Down $0.73. The CME said that the settled price was delayed today

The price of crude oil settled at $53.26. That was down $0.73.  

The CME said that the settlement prices were delayed today. There is no reason given (at least initially). 

The high today reached $54.84. The low extended to $53.05. 

Looking at the hourly chart, the pair traded mostly between the 200 hour MA above (green line at $54.39) and the 100 hour MA below at $53.02 (blue line).  

ForexLive

Articles You May Like

My OVERNIGHT Trading Strategy (make PROFITS while you sleep)
USD/JPY finds support near 107.00 mark, recovers early lost ground to multi-month lows
USD/JPY slips under 107.00 as geopolitical tensions add to yen gains
Dow Jones, DAX 30, FTSE 100, ASX 200 Weekly Forecast
U.S. Senate votes to block Saudi arms sales on UN report/death of Jamal Khashoggi

Leave a Reply

Your email address will not be published. Required fields are marked *