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Crude Oil Technical Analysis

Layers of resistance remain in the $74.48-78.08 region with bulls now needing a close above $74.45 to

Following the recent break higher Stoxx50 managed an inside day Wednesday as it pauses

Continued hesitation ahead of the key 55-DMA combined with daily studies approaching O/B levels remain key concerns for bulls.

The recovery from ahead of the 2014 and 4 year lows appears to have ended with

Stoxx50 continues to test the top of the rising daily channel as bulls remain focused on

An inside day Monday and hesitation ahead of the key 55-DMA combined with daily

The recovery from ahead of the 2014 and 4 year lows appears to have ended with

Gains continued for Stoxx50 to start the new week with the Bollinger band top

After having found support ahead of the $1175.0 level last week gold ended the week on

Bulls continue to take comfort in bounces from ahead of 2014 and 4 year lows and

After having struggled with the layers of resistance ahead of the 3169.9 level which

Gold continues to find support ahead of $1175.0 on dips with bears taking some comfort in the lower daily highs the past two days.