As of the latest session, WTI crude oil is priced at $60.32, reflecting a modest daily increase of 0.28%. The technical indicators suggest a mixed outlook for the commodity. Currently, price action is hovering above the 21-day moving average (MA21) at $59.69 but remains below the 50-day (MA50) at $61.57, indicating a short-term bullish bias while facing resistance around the MA50.

The Relative Strength Index (RSI) stands at 49.87, signaling a neutral momentum with potential for upward movement if it crosses above the 50 mark. The MACD value of -0.41 indicates a bearish trend, but it may be shifting as momentum appears to stabilize.

Key support is expected around $59.69 (MA21), while resistance levels at $61.57 (MA50) and $62.60 (MA100) are crucial for a bullish continuation. Overall, traders should watch for breakout

Brent Oil is currently trading at $64.85, reflecting a daily increase of 0.70%. The price is positioned just above the 21-day moving average (MA21) of $63.85, indicating a short-term bullish trend. However, it remains below the 50-day (MA50) and 100-day moving averages (MA100) at $65.64 and $66.36, respectively, suggesting potential resistance areas. The long-term indicators, such as the 200-day moving average (MA200) at $66.78, also highlight a resistance zone.

The Relative Strength Index (RSI) at 51.53 indicates neutral momentum, while the MACD at -0.32 signals a lack of bullish strength. This combination suggests that Brent Oil could face challenges breaking above key resistance levels but may find support near the MA21. Overall, the outlook remains cautiously optimistic; however, sustained upward momentum will require a decisive movement above $65.64

Natural gas is currently trading at $3.79, reflecting a daily decline of 1.99%. The price remains below key moving averages: MA21 at $3.92, MA50 at $3.87, suggesting a bearish short-term trend. The longer-term moving averages, MA100 at $4.14 and MA200 at $4.47, indicate significant resistance levels that need to be breached for a bullish reversal.

The Relative Strength Index (RSI) at 43.37 signals a neutral momentum, indicating that natural gas is neither overbought nor oversold, but could lean towards further declines if selling pressure persists. The MACD at 0.00 suggests a lack of momentum, reflecting indecision among traders.

Overall, without a significant catalyst to push prices higher, natural gas may continue to face resistance near the MA21 and MA50 levels, with potential support testing around $3.70. A break below this level could signal further downside risk. Traders should

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