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Thursday, July 3, 2025

If Crude Oil manages to break below the Pivot level, it has the potential to test its nearest Support level, Thursday, July

If Crude Oil manages to break below the Pivot level, it has the potential to test its nearest Support level, Thursday, July

Back Technical analysis
If Crude Oil manages to break below the Pivot level, it has the potential to test its nearest Support level, Thursday, July
Back Technical analysis

If Crude Oil manages to break below the Pivot level, it has the potential to test its nearest Support level, Thursday, July 03, 2025.

Crude Oil, Thursday, July 03, 2025.Poor

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03.07.2025 07:36 AM

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Crude Oil, Thursday, July 03, 2025.Poor global economic conditions such as the stagnation of Chinese & European manufacturing have triggered concerns about global Crude Oil demand and expectations of potential increases in OPEC World Oil production with its expansionary policies creating an oversupply of World Oil supply resulting in temporary weakening.Key Levels1. Resistance. 2 : 69.12.2. Resistance. 1 : 68.32.3. Pivot : 66.77.4. Support. 1 : 65.97.5. Support. 2

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