| Indicator | 1D | 1W | 1M |
| MACD (12; 26; 9) | Buy | Buy | N/A |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Light Sweet Crude Oil has been gaining value against the Dollar over the last two years. Most of this time the exchange rate spent fluctuating in a senior ascending channel.
At the moment, the pair is climbing to the top, trying to fully reach the upper trend-line of that pattern. As soon as this target will be reach, the rate is expected to make a rebound.
This assumption is partially supported by existence of a resistance zone near the 59.00 and 59.65 marks, which will push the pair downwards in case of an overstep beyond the channel's boundary.
Moreover, over the last couple of months the exchange rate has formed a medium-term bump and run reversal pattern, which also presupposes turnaround.