After a brief adjustment, crude oil is expected to resume its upward trend. It is advised to wait for opportune moments to continue taking long positions on crude oil, with upside targets focusing on the $88-90 range. All signals I issued in April have resulted in profits, maintaining a consistent 100% accuracy rate. Weekly profits of at least 200% can be...
Crude Oil Technical Analysis Daily resistance is 83.4-85.7, support below is 80-78 Four-hour resistance is 83.4, support below is 81-80 Crude oil operation advice: Crude oil fell first and then rose yesterday, ushering in a deep v bottom, rebounding and breaking through the high. The price of the Asian and European markets was under pressure and fell back to the...
I have always emphasized that oil will fall, and the target is 83.5-84.5. Yesterday, oil reached the lowest level near 84. Now oil has been oscillating back and forth in the 84-87 range. We can still wait for the upper edge of the range to sell. Control your positions reasonably and wait for the right opportunity to trade If you don’t know how to trade, join...
As can be seen from the chart, two great resistance points formed near 87.6, which can mean that the short-term top of oil is slowly beginning to form. The previous idea was to call back to around 83.5, or even reach 80-82. The short-term decline was too fast, so I I think there will be a certain rebound, reaching 83-83.5, and then continuing to fall. The...
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market's volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
USOIL: Small-level indicators are beneficial to bulls, with resistance around 85.8-86.5. Trading is long first and then short, and the short target is 84.8-84. If the bulls are strong and break through 86.2-86.5, the top range of 86.9-87.5 will be considered.
Israel has withdrawn more troops from southern Gaza and pledged new talks with Hamas on a possible ceasefire, easing concerns about the risk of further escalation in the conflict and disruption to Middle East crude supplies. The current oil 4H and 1H charts show that the possibility of oil falling is very high, and it has been in the 87-87.5 range without...
Yesterday, EIA was good for shorts. The market rebounded quickly after falling. It is now near the resistance level (86.3-86.8). The indicators show that shorts have the advantage, so the transaction can be sold in the resistance range first. The support is 85.6-85.2, which can be used as the TP level. If it falls below the support, look at the 84.4-83.3...
hi we are monitoring for long term investment usoil its best pair for long term investment now its showing weekly time frame chart ascanding triangle pattren we have best buying opportunity around 67 for long term investment not for short term long term investors can hold for this buying opportunity for big targets upto 123 to 180 for more updates stay tuned...
All trading signals this week are profitable, congratulations! This is a surprise that the market gives us. It only takes 1 hour to trade every day, and you can easily change your life!
In the plan given yesterday, we bought 2lots near 85.6, made a profit of 50 points and continued to hold it to TP position, making a total profit of 160 points. Congratulations to the friends who followed! Trading is how to protect profits and reduce losses of the game, need to follow the friends can join my channel!
Oil is as I predicted, with a strong upward momentum. If you buy at the support point, you will also make good profits. Oil reached a maximum of around 87.2. I previously thought that there would be a need for adjustment when oil reached 87, so I am cautious about buying now. Join me, I will analyze in detail how to trade and improve your success rate
LONDON (Reuters) -Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel withdrawing more soldiers from Gaza and committing to fresh talks on a potential ceasefire in the Middle East conflict. Brent crude futures were down 16 cents, or 0.2%, at $91.01 a barrel by 1335 GMT. U.S. West Texas Intermediate crude was...
Crude oil is likely to continue to rise next week, but there are still short opportunities, the operation plan has been given in the chart, this week to participate in crude oil orders are very few, the main reason is to focus all on gold, there is a good opportunity to enter the channel next week will prompt everyone!
USOil WTI Technical Analysis and Trade Idea In the video, we analyse a potential trading opportunity for USOil. We delve into the prevailing trend, examine price movements, evaluate market structure, and pinpoint a potential entry point based on favourable conditions (if they arise), as outlined in the video. It is crucial to incorporate sound risk management...
The news is likely to boost oil prices. Geopolitical factors have affected oil reserve inventories. Oil inventories this week will be significantly lower than expected. leading to increased market demand In terms of trend, there is a certain degree of over-rising behavior in the market, but the trend is still a bullish trend. If the price falls back to the low...
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market's volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
If oil is above 80, it is still an upward trend. The lowest oil price yesterday was around 80.8, and the current range is about 80-83.5 Published API data showed that U.S. crude oil inventories fell by 1.52 million barrels in the past week, slightly higher than market expectations. Separately, the American Petroleum Institute reported that Cushing crude oil...