| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Buy | Buy | Neutral |
| Stochastic (5; 3) | Buy | Buy | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Neutral |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
Crude oil has been depreciating against the US Dollar since the beginning of October when the pair reversed from the upper boundary of a long-term ascending channel at 76.00.
As apparent on the chart, the pair is testing lower channel line at 64.78. Technical indicators are in favour of an advance towards the weekly R1 at 70.20 within the following sessions.
However, if given channel does not hold, a breakout south occurs in the nearest future. A potential downside target is the psychological level at 63.00.