Technical Analysis – WTI oil futures maintain bullish view in short-term; momentum remains positive
WTI Oil futures have shifted to a bullish phase and are making a steady recovery after breaking above the key 50.00 level. On the 4-hour chart, the crossover of the 20-period moving average above the 50-period MA highlights the bullish bias. Momentum indicators are positive. The rise from the October 6 low of 49.07 is […]
