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Crude Oil Price Review

By
Michael Stark

Bullish Correction Ahead.

This week’s Exness market outlook covers the latest developments in crude oil trading, with a potential bullish correction on the horizon. Could the recent bearish gap in crude oil price be setting up for an upward trend?

Brent Oil Price Forecast

Every new Brent Oil analysis as it publishes, today's technical signal and key levels, live price — on one page.

See all Brent Oil forecasts

Technical indicators suggest target areas for a rebound, while the Commitment of Traders report and historical US election trends add key context to the analysis.

What impact will the US PCE index, jobs report, and manufacturing PMI have on this scenario?

By: Antreas Themistokleous

About the Author

Michael Starkcontributor

Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.

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