Oil Technical Analysis: WTI is about to end the week near $64.00 a barrel

Oil daily chart

• WTI is evolving above its main simple moving averages (SMAs) suggesting a bullish bias.

Oil 4-hour chart

• Crude oil WTI is trading above its main SMAs suggesting a bullish bias in the medium-term.

Oil 30-minute chart

• WTI is trading above its main SMAs as the uptrend remains intact.
• The level to beat for bulls remains 64.30 resistance, then 64.70 followed by 65.10.
• To the downside, support is seen at 63.50 and 63.00 level.

Additional key levels