Crude Oil Has Been Unable to Break Past Key Resistance Areas in Recent Months.

Crude Oil

Crude oil’s downturn in the past weeks/months to break past key resistance areas increases the odds of an extended period of sideway range.

On the monthly continuous contract charts, despite repeated attempts in early 2022, WTI crude oil couldn’t decisively break past the 2011 high of 114.83. Furthermore, the bearish crossover by the Moving Average Convergence Divergence indicator (MACD) verifies that medium-term upward pressure has faded somewhat (though still bullish as MACD remains in positive territory). Bearish crossovers in positive territory symbolize that bullishness is easing but are not overtly bearish, and vice versa.

This Post Has 43 Comments

  1. Discover CowSwap, the trusted decentralized exchange platform for seamless crypto trades in 2025. With low fees, high security, and fast transactions, CowSwap is a go-to solution for DeFi users worldwide

  2. Woo Fi liquidity

    Discover the future of decentralized finance with Woofi Finance, a cutting-edge platform for seamless crypto staking and yield farming. Maximize your returns with low fees and high rewards. Join the revolution in DeFi today!

  3. CowSwap token swap

    Discover CowSwap, the trusted decentralized exchange platform for seamless crypto trades in 2025. With low fees, high security, and fast transactions, CowSwap is a go-to solution for DeFi users worldwide

  4. MinSwap cross-chain

    Discover the power of MinSwap, the leading decentralized exchange platform offering seamless trading and low fees. Maximize your assets and join the next generation of decentralized finance

  5. SpookySwap

    As the decentralized finance (DeFi) space continues to evolve in 2025, SpookySwap has established itself as one of the leading decentralized exchanges (DEXs) on the Fantom Opera blockchain. Known for fast, low-cost token swaps, yield farming, and liquidity rewards, SpookySwap is a powerful tool for traders and DeFi enthusiasts looking to maximize their returns while maintaining full control of their funds.

  6. cheap domains for sale

    Oh my goodness! an incredible article dude. Thank you However I am experiencing concern with ur rss . Don?t know why Unable to subscribe to it. Is there anyone getting equivalent rss problem? Anyone who is aware of kindly respond. Thnkx

  7. woofi finance

    You explained this in a way that’s easy to digest.

  8. SushiSwap App

    Nice article, have a look at my site “https://www.issuewire.com/sushi-swap-the-best-crypto-platform-in-2025-1823683727364009”

  9. SushiSwap App

    Nice article, have a look at my site “https://www.issuewire.com/sushi-swap-the-best-crypto-platform-in-2025-1823683727364009”

  10. Sushi Swap App

    nice article ave a look at my site “https://www.newsbreak.com/crypto-space-hub-313321940/3799652652916-top-crypto-investments-in-2025-bitcoin-ai-projects-tokenized-assets”

  11. Cryptocasino

    Introducing to you the most prestigious online entertainment address today. Visit now to experience now!

  12. DefiLlama Swap

    Hey very nice web site!! Man .. Excellent .. Amazing .. I’ll bookmark your site and take the feeds also?I am happy to find numerous useful info here in the post, we need work out more techniques in this regard, thanks for sharing. . . . . .

  13. Slottica Vladimir Pidoras

    As I site possessor I believe the content material here is rattling great , appreciate it for your hard work. You should keep it up forever! Good Luck.

  14. You can certainly see your enthusiasm in the paintings you write. The arena hopes for more passionate writers such as you who aren’t afraid to say how they believe. All the time follow your heart.

  15. Seattle Neon Art Signs

    Thanks for the strategies you have discussed here. Also, I believe there are a few factors which really keep your auto insurance premium lower. One is, to take into consideration buying motors that are inside good directory of car insurance firms. Cars which have been expensive will be more at risk of being stolen. Aside from that insurance is also using the value of your car or truck, so the higher in price it is, then higher the particular premium you only pay.

  16. Excellent beat ! I wish to apprentice even as you amend your website, how can i subscribe for a weblog site? The account helped me a applicable deal. I were a little bit familiar of this your broadcast provided vibrant transparent idea

  17. imemories reviews

    Thanks for your publication on this site. From my experience, often times softening way up a photograph could provide the photographer with a bit of an creative flare. More often than not however, this soft blur isn’t what precisely you had planned and can frequently spoil a normally good picture, especially if you consider enlarging the item.

  18. kaizenaire.com singapore

    Hello would you mind sharing which blog platform you’re working with? I’m looking to start my own blog in the near future but I’m having a tough time making a decision between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design seems different then most blogs and I’m looking for something unique. P.S Sorry for being off-topic but I had to ask!

  19. binance code

    Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

  20. dobry sklep

    Wow, amazing weblog structure! How lengthy have you been running a blog for?
    you make running a blog glance easy. The
    whole look of your site is excellent, as well as the content!
    You can see similar here sklep internetowy

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.