{"id":76000,"date":"2015-07-30T00:24:38","date_gmt":"2015-07-30T04:24:38","guid":{"rendered":"http:\/\/countingpips.com\/?p=76000"},"modified":"2015-07-30T07:12:08","modified_gmt":"2015-07-30T11:12:08","slug":"commodity-technical-outlook-on-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/07\/commodity-technical-outlook-on-crude-oil\/","title":{"rendered":"Commodity Technical Outlook On CRUDE OIL"},"content":{"rendered":"<div id=\"inves-3287280218\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 30, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>CRUDE OIL: Triggers Correction, Eyes More Strengthen<\/p>\n<p>CRUDE OIL: With the commodity closing higher on further correction on Wednesday, it faces further upside pressure. On the downside, support lies at the 48.00 level where a break will expose the 47.00 level. A break will aim at the 46.00 level and then the 45.00 level. Below here will open the door for a run at the 44.00 level. On the upside, resistance resides at the 50.00 level where a break will expose the 51.00 level followed by the 52.00 level. A cut through here will aim at the 53.00 level. All in all, Crude Oil remains biased to the downside medium term.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/07\/WTIDaily.png\" alt=\"null\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>By\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/\" target=\"_blank\">fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CRUDE OIL: Triggers Correction, Eyes More Strengthen CRUDE OIL: With the commodity closing higher on further correction on Wednesday, it faces further upside pressure. On the downside, support lies at the 48.00 level where a break will expose the 47.00 level. A break will aim at the 46.00 level and then the 45.00 level. Below [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-76000","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=76000"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76000\/revisions"}],"predecessor-version":[{"id":76025,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76000\/revisions\/76025"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=76000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=76000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=76000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}