| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇘ |
The Light crude oil tested the $58 price level during the last week. After hitting the 58.00 area, the crude oil prices began to depreciate.
Currently, the commodity is closer to the bottom border of an ascending channel pattern at 56.05 and could be set for a breakout.
If this breakout occurs, the next target for the LIGHT.CMD/USD pair will be near the 200-hour simple moving average at 54.61.
However, it is unlikely that this breakout will occur, because the 100-hour SMA at 55.80 could provide support for the pair.