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12.06.2025 08:10 AM
Technical Analysis of Daily Price Movement Crude Oil Commodity Instrument, Thursday June 12, 2025.

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If we look at the daily chart of the Crude Oil commodity instrument, there appears to be a Divergence between the price movement of #CL and the Stochastic Oscillator indicator, which is an indication that there is a possibility that #CL will experience a weakening correction in the next few days, but as long as the correction does not break through and close below the level of 59.86, #CL still has the potential to strengthen again to the level of 71.10, even if the volatility and momentum of the strengthening support it, #CL will go to the level of 73.73.

(Disclaimer)

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