Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: WTI Crude Oil Forecast for April 28, 2020

April 28, 2020 at 7:40 by Vladimir Vyun

In this video, Chris from DailyForex provides his forecast for WTI crude oil on April 28, 2020. The outlook for crude remains extremely bearish. While Chris thinks that $10 is a floor, he expects prices to break below it eventually. He also thinks that a dip to the negative territory is possible when the contract will be nearing the expiry date, the same event that happened at the start of the last week when the May contract was expiring.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.

Leave a Reply