| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Sell | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
Light.CMD/USD has been appreciating against the US Dollar since the middle of August after the pair reversed from the lower boundary of a six-week ascending channel at 65.00.
Everything being equal, it is likely that the crude oil price will continue its upward movement and aim at the upper boundary of the six weeks ascending channel pattern at 75.34 during the following trading sessions.
However, important resistance levels to look out for is the weekly R1 at 74.45, which could hinder the price from reaching the target this week.