Crude Oil FuturesLargo
Crude Oil Breakout!
Crude oil has recently broken out of its trendline, forming a double bottom pattern, which strengthens the confirmation of the breakout. This technical setup suggests that crude prices could experience further upward movement.
From a fundamental perspective, geopolitical tensions between Iran and Israel are fueling uncertainty in the region, which historically puts upward pressure on oil prices. The threat of supply disruptions, sanctions, or escalated military actions can tighten global oil supply, pushing prices higher as markets anticipate potential risks.
From a fundamental perspective, geopolitical tensions between Iran and Israel are fueling uncertainty in the region, which historically puts upward pressure on oil prices. The threat of supply disruptions, sanctions, or escalated military actions can tighten global oil supply, pushing prices higher as markets anticipate potential risks.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.