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Video: Oil Price Recovery on Hold? – WTI Oil Price Analysis for July 2020

July 13, 2020 at 12:12 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his forecast for crude oil in July 2020. He starts the video by recapping the crude’s performance in recent months. He also explains factors that were driving it as well as factors that will be affecting it in the near future. David then lists important support and resistance levels. Next, he turn towards charts, trying to assess possible price moves. In the end, David decides to place a buy order, hoping to buy oil cheap on a pullback.

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