Open trading account 
MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 44.86I expect the pair to be trading near 50 towards the end of the forecast period which will conclude on the 1st of August, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
ImranMughal99's Blog
CRUDE OIL
MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 50.14 I expect the pair to be trading near 47.50 towards the end of the forecast period which will conclude on the 1st of May, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
LICT.CMD/USD
MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 45.1400 I expect the pair to be trading near 49.1932 towards the end of the forecast period which will conclude on the 2nd of January, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
OIL DOWN IMPACT NEXT FEW WEEK
Market managed to head for another test for resistance zone 49.40-50 which managed to hold the market so farmarket facing support level at 48.40 where as long as market holding above this support the uptrend will sustain toward 50.50-90 zonebelow 48.40 will be sign of more drop yet to come toward 45.50 while market may face support at 47.25
OIL MOVE UP TREND
News that US output has begun to decrease have sparked hopes that the worldwide glut will begin to ease sooner than later, Oil's recovery was underpinned by generalized dollar's weakness, and the daily chart supports some additional advances, whilst the 20 SMA has accelerated its advance, and currently stands at 45.70 In the same chart, the RSI indicator maintains its upward slope around 50, although the Momentum indicator diverges lower within positive territory. In the 4 hours chart, the techn…
OIL UP TREND
technical outlookTrend 1 hour: RangeTarget 1: 50.00Target 2: 48.11control level: 51.10