USOIL 23-1-2024

Technical Analysis

By Shady Fouad On Jan 23, 2024

USOIL 23-1-2024.

Prices have broken out of the narrow range, with oil now trading above the $74 zone. In this case, we may target the $76 area. However, this scenario would be invalidated if the support zone at $74 is broken again to the downside.

Support	74	72.5	70
Resistance	75.5	76.25	78.5

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

GOLD 23-1-2024

A Look Upon Oil Prices

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