| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
During the past week, the Light crude oil prices have been trading sideways. The commodity tested the $20 mark on March 30.
Currently, the LIGHT.CMD/USD pair is trading near the monthly support level at 20.02.
If the support level holds, the pair could make a slight upward movement within this week's trading sessions.
However, if the pair breaks the monthly S1, a decline towards the 15.00 area could be expected during the following trading sessions.