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The Crude Oil price, as well as that of Brent, have been very interesting over the last several weeks and we decided to give a technical analysis for the entire coming month.
David Jones is with us to dissect the oil price in 2019 and perform a crude oil analysis, that takes into account the current trend, its strength, momentum, the reasons behind it and what could make it reverse.
The oil chart is our main focus in this technical analysis within the capital.com app, David discusses the most important support and resistance lines that will likely trigger buyers and sellers at different points and in different scenarios.
Crude oil trading has seen somewhat of a resurgence among traders on the capital.com platform and we hope this oil chart analysis will be helpful to both the bulls and bears among our subscribers!
Let us know where you think the oil price is headed in the comments and leave your predictions!
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