Assalamu Alaikum Dosto!
Crude Oil Price Forecast: Rally ko Resistance ka Samna, Downside Risks Nazar Aa Rahe Hain
Crude oil ne Budh ke high $65.32 tak $55.23 ke recent trend low se $10.08 ya 18.3% ka rally mukammal kiya. Is ke baad, sellers ne din ke baaqi hisse mein control le liya, jisse ek bearish engulfing pattern bana. Yeh risk barhata hai ke crude oil is hafta ke high ko dobara challenge karne se pehle mazeed kamzor ho sakta hai. Mangal ko shuruati tezi ko 20-Day MA, jo ab $64.48 par hai, ke aaspaas resistance ka samna hua. Is ke ilawa, ek purana long-term support zone, jo ab potential resistance hai, bhi successfully test hua. Yeh range $65.40 se $65.98 tak hai.
Bearish Inside Day Banta Hai
Aaj, Thursday, crude oil ne consolidation ki, ek inside day banaya jiska high $63.73 aur low $62.40 tha. Din se kuch kamzori ke isharay milte hain. Note karen ke din ka range Budh ke range ke lower half mein hai, aur is waqt, crude oil Budh ke range ke halfway point se neeche trade kar raha hai aur aisa lagta hai ke yeh relatively bearish position mein close hoga. Is ke ilawa, din ka high May 2023 ke ek significant price level (dashed horizontal) par resistance ka samna karta hai. Yeh crude oil ka sab se neechay traded price tha jab tak recent sharp fall nahi hua.
$61.94 ke Neeche Girawat ke Signals
Aaj ke low se neeche girawat agla kamzori ka ishara degi, jabke Budh ke low $61.94 ke neeche girawat ek gehri bearish retracement ka signal hai. Note karen ke recent price action ke bottom par ek chhoti si rising trend line bhi hai. Yeh line pehle hi toot jayegi agar Budh ka low trigger hota hai. Agar girawat trigger hoti hai, to do key support areas par nazar rakhni hogi. Pehla recent interim swing low $60.40 aur 50% retracement $60.27 par hai. Phir, neeche ek range $59.08 se $58.86 tak hai, jo 61.8% Fibonacci retracement aur purane daily support se define hoti hai.
Haftawar Close Weak Nazar Aa Raha Hai
Hafta ka ek din baqi hai aur crude oil doosra consecutive higher weekly high aur higher weekly low set karne ke liye tayyar hai. Yeh short-term strength dikhata hai. Lekin is hafta ke high ke baad bearish price action crude oil ko period ke liye neeche khatam hone aur pichle hafta ke high $64.72 se neeche rehne ki position mein rakhta hai. Is wajah se, weekly time frame par upside breakout confirm nahi hoga.