{"id":37071,"date":"2025-02-28T12:20:32","date_gmt":"2025-02-28T15:20:32","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/02\/28\/crude-oil-price-outlook-crude-continues-to-look-for-certainty\/"},"modified":"2025-02-28T12:20:32","modified_gmt":"2025-02-28T15:20:32","slug":"crude-oil-price-outlook-crude-continues-to-look-for-certainty","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/02\/28\/crude-oil-price-outlook-crude-continues-to-look-for-certainty\/","title":{"rendered":"Crude Oil Price Outlook \u2013 Crude Continues to Look for Certainty"},"content":{"rendered":"

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Brent Crude Oil Technical Analysis<\/h2>\n

Brent markets<\/a>, of course, are in the same situation in so much as trying to find a floor right now. I don\u2019t know that we are quite there yet, but we are getting closer. And with that being the case, you have to assume that sooner or later, somebody has to make a bigger decision.<\/p>\n

Ultimately, I like the idea of Brent going higher, but right now we just don\u2019t have the necessary upward momentum to make that kind of thing happen. Over the longer term, I do anticipate that the $70 level will continue to hold as a major support level, so keep that in mind, but I don\u2019t really appreciate the idea of trying to short here, getting so close to such a massively obvious area. In general, this is a market that I think over time, we\u2019ll try to take out the 50-day EMA and then the 200-day EMA, but you\u2019re going to have to be very patient.<\/p>\n

For a look at all of today\u2019s economic events, check out our economic calendar.<\/a><\/p>\n<\/div>\n

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[ad_1] Brent Crude Oil Technical Analysis Brent markets, of course, are in the same situation in so much as trying to find a floor right now. I don\u2019t know that we are quite there yet, but we are getting closer. And with that being the case, you have to assume that sooner or later, somebody has to make a bigger decision. Ultimately, I like the idea of Brent going higher, but right now we just don\u2019t have the necessary upward momentum to make that kind of thing happen. Over the longer term, I do anticipate that the $70 level will continue to hold as a major support level, so keep that in mind, but I don\u2019t really appreciate the idea of trying to short here, getting so close to such a massively obvious area. In general, this is a market that I think over time, we\u2019ll try to take out the 50-day EMA and then the 200-day EMA, but you\u2019re going to have to be very patient. For a look at all of today\u2019s economic events, check out our economic calendar. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":37072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-37071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t