Crude Oil - Technical Analysis: Thursday, 25/05/2017 07:54 GMT

Crude oil price continues to rise to approach from 52.00$ barrier, to keep the bullish trend dominant on the short term basis, noting that our next target is located at 54.00, and the door is open to achieve it.

Thus, we are waiting for more gains for Crude oil prices, but it is important to note that breaking 50.50 will put the price under correctional bearish pressure that its targets begin at 48.92.