Technical analysis for crude oil – 10 April 2013

Technical analysis for crude oil -14 June 2013

Over the WTI crude market watched a volatile session on Tuesday, where oil focused on the level of  $94.00 . With the end of the meeting, and that the situation seems to get through to the upside above the $ 94.50 level starting to get some strength. Of course, the U.S. dollar has helped in this matter, which seems that it will continue to decline.

It seems that the market is trying to build some kind of rule at this region, and I think we will re-visit the $ 96.00 level soon. In the end, it is possible to get to the $ 98.00 level without doing a lot of waves, as the market simply looks and feels like trying to find scope for spring.