This is an empty menu. Please make sure your menu has items.
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Oil price forecast for today: USCrude analysis 07.06.2022

The short-term oil uptrend continues. Yesterday, traders tested the Additional Zone 117.03 – 116.82 but unsuccessfully. Today, the search for purchases according to the pattern is a priority for a trader. The target is yesterday’s high.

If yesterday’s high is updated, there will be a possibility of price consolidation above the Target Zone 119.53 – 118.66. In this case, the next buy target will be the Gold Zone 123.47 – 123.03.

If the Additional Zone is broken out downside during the trading session and the price consolidates lower, the correction will continue with the target in the Intermediary Zone 114.95 – 114.53.

USCrude trading ideas for today:

  1. Buy according to the pattern in Additional Zone 117.03 – 116.82.
    TakeProfit: 119.13.
    StopLoss: according to the pattern rules.
  2. Buy according to the pattern in Intermediary Zone 114.95 – 114.53.
    TakeProfit: 119.13.
    StopLoss: according to the pattern rules.




Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.