Usa is on a shutdown and it has impacted hugely on the stock market the market volatility is huge

Crude Oil price went from $65 a barrel to $60 a barrel in just 1 week

This Friday is non farm payrolls

The crude oil market should be bullish and by end of the week reach $65 a barrel

On the downside if market is bearish the crude Oil price can slump towards $57 a barrel

These are my analysis per weekly chart

Today is the end of the week, this week the trading volatility was there the crude oil price has reached $65 by the end as my analyses this week was predicting.

Today Core Price Index and Crude Oil Rig Count data released, if everything is bullish data for crude oil my technical analyses suggest crude oil price should close by over $65 probably $66.50 up to $68 a barrel.

On the downside if data is bearish for crude oil this should slump below $65 probably $63.80 or even $62.40 per barrel.

Next Friday there is payrolls data which will cause huge impact on dollar and crude oil, lets wait till next week and focus on today.

Yesterday crude oil price nearly reached $65 a barrel due to current fundamentals of current economy. Gaza war and Ukraine war are causing a big impact on crude oil.

Yesterday the crude oil inventories were negative and this cause a huge gain on crude oil. Plus the current economy fundamentals of Palestine being recognized as a state is causing lots volatility to the crude oil market.

Today there will be Job market data released and I believe that this will cause a huge gain on crude oil. My technical analyses suggest crude oil should go toward $68 and by the end of the month crude should settle at $70+ per barrel, however this will depend on next Friday Payrolls.

The downside of today job market data release would be very bearish and crude oil could slump towards $63 a barrel and if the payroll data next Friday is also negative the crude oil is heading towards $59 a barrel.

These any my technical analyses of crude oil today, next week and end of the month.

Yesterday president Donald Trump on UN speech boosted the crude oil price. Current fundamentals of Gaza war and Palestine state recognition plus the Ukraine war against Russia the crude oil price lowered drastically.

However if today crude oil inventory report is negative the crude oil price should shoot up towards $68 a barrel. The first hurdle is towards $65 next $68 and finally $70 those I my personal findings or should I say my technical analyses.

On the order hand if the crude oil inventory is positive the crude oil price could slump towards $63 or below towards $61 and finally $59

However I tend to believe that the crude oil price  by the end of this month should go towards $70 or there about.

The Gaza and Ukraine war has been there for a long time and now its time to recover from the loss, this is what I believe in the current economy data.

Many G7 countries are recognizing Palestine as an Israel state, this should impact the crude Oil price drastically. As you know the crude oil price has been very low below $65 a barrel. We still have a war in Ukraine that has been for a long time.

I believe that Gaza war should calm  down if Israel do not retaliate with UK, France and USA comments for recognizing Palestine as a state of Israel.

After Trumps speech today the oil price should be bullish and can go up as $70 per barrel by end of this month. That is why I think about the current fundamentals for crude Oil.