Crude Oil: The recent corrective bearish move is over and it seems as if the Oil has been moving within an accurate bullish channel with quite a strong momentum for a while now. The bullish cross on the hourlies is strengthening the notion that forex traders might enjoy a nice entry price for the upcoming bullish move. However, sharp drops can be seen locally, therefore traders should look for a dip in an attempt to rejoin the strong bullish trend.


Retrouvez d'autres analyses sur les taux de change dans la rubrique analyse forex du site Trader-Forex.