Monthly Archives: May 2025
Chart the Market (29/04/25)

Written on May 7, 2025 at 7:05 am, by
Crude Oil Oil prices have staged a mild rebound following the heavy sell-off earlier in April, but the recovery remains fragile. Prices failed to breach the 0.618 Fibonacci retracement level, a key resistance zone, and have since formed a head-and-shoulders pattern, typically a bearish reversal signal, reinforcing the view that oil remains locked in aContinue Reading