Forex forecasts and market outlooks

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17.09.2020

WTI Crude Oil: technical analysis

An uptrend is forming on the H4 chart. The instrument is traded at the upper border of Bollinger Bands; the indicator cloud is expanded; the preservation of the uptrend is likely in the medium term. MACD histogram is in the positive zone gradually increasing volumes; the signal line is crossing the body of the histogram from below, forming a signal for opening buy orders. Stochastic crosses the oversold zone from above; a signal to open short positions is forming.

16.09.2020

15.09.2020

14.09.2020