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Commodities

WTI Crude Oil Forms Golden Cross, Eyes $93.50 Target

Guavy AI Editorial Team
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Oil
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WTI crude oil has formed a weekly golden cross, a bullish technical indicator that could pave the way for prices to reach $93.50 and potentially even higher targets in the $110-$120 zone.

The Solana token has also broken out of its daily trendline and Ichimoku cloud, with long-term MACD indicators turning bullish and price above the 200-day SMA.

Meanwhile, Japan's Nikkei index has entered bull territory after crossing above its Ichimoku cloud, while the USDJPY pair remains within an ascending channel.

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