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WTI crude oil is settling at $74.63.

WTI crude oil is settling at $74.63.

The price of WTI crude oil is selling at $74.63 up $0.86 or 1.17%. The high for the day reach $76.69. At the high, the price got close to a swing area on the hourly chart between $76.76 and $77.02. Within that area is the 200 hour moving average which is currently at $76.98. The inability to extend above that level gave the sellers the go-ahead to push back to the downside and the last four – five hours have seen declines.

Technically, the price is closing back below its 100 hour moving... Read More

Posted: Jan 9 2023, 19:50
Author Name: forexlive
Views: 111659

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