Monday, June 16, 2025

Technical Analysis of Intraday Price Movement of Crude Oil Commodity Instrument, Monday June 16, 2025.

RobotFX June 16, 2025 0 comments

Technical Analysis of Intraday Price Movement of Crude Oil Commodity Instrument, Monday June 16, 2025.

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On the 4-hour chart of the

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16.06.2025 07:16 AM

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16.06.2025 07:16 AM

On the 4-hour chart of the Crude Oil commodity instrument, there is an appearance of Divergence between the #CL price movement and the Stochastic Oscillator indicator, indicating that in the near future there is a potential for a weakening correction where the 70.86 level will be tested in the near future. If this level is successfully broken and closes below it, then #CL will continue its weakening to the 69.21 level as its main target and 67.00 as the next

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