22nd June 2022 Wednesday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 29748 where the 127.2% Fibonacci extension is to our 1st resistance at 30795 in line with the horizontal pullback support.
21st June 2022 Tuesday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 29748 where the 127.2% Fibonacci extension is to our 1st resistance at 30795 in line with the horizontal pullback support.
20th June 2022 Monday: Markets continue to trade lower as central banks in hawkish chorus
Crude oil prices fell sharply Friday on mounting fears about a possible global economic recession following severe tightening of policies by several central banks.
20th June 2022 Monday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 29839 where the 127.2% Fibonacci extension is to our 1st resistance at 30795 in line with the horizontal pullback support.
17th June 2022 Friday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.
16th June 2022 Thursday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.
15th June 2022 Wednesday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.
14th June 2022 Tuesday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.
13th June 2022 Monday: Technical Outlook and Review
On the H4, with moving below our ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 30537 in line with the horizontal swing low support and the 61.8% Fibonacci projection from our 1st resistance at 32589 where the pullback resistance is.
