Natural Gas and Oil Forecast: Weak Demand and OPEC’s Stance Keep Energy Prices Under Pressure
OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.
Benzinga.com1mon
Bitcoin Faces Key Resistance: Downward Trendline Near $98,000 – Bullish Breakout to Push BTC Over $100,000?
The cryptocurrency is consolidating as it approaches a critical downward trendline near $98,000, which has capped recent upside moves. A breakout above this level could unlock further bullish ...
The Globe and Mail19d
Energy market have broken through the downward trendline over the past few week
Brent Crude and WTI Crude were the next markets to break through the downward trendline. These breakouts are somewhat less impressive and have not gained double-digits as yet. RBOB Gasoline has ...
FXStreet10d
Oil outlook: Downward motion of Oil prices maintained
Given that the downward trendline guiding the commodity’s price lower remains intact we maintain our bearish outlook for oil prices at the current stage. We also note that the RSI indicator ...
TheStreet.com2y
AMC Stock: Charts Show Bulls Regaining Control
The first encouragement for the bulls would be breaking out of the downward trendline and sustaining above it for a few trading sessions. Then, the next important resistance is around $8.30 ...