Oil is at historical lows when priced in gold, The chart speaks for itself.
usoil oil if it doesnt go back to the uper zone it will cont to drop down
Prices are approaching a pivot . We see the potential for a bounce from our buy entry at 100.83 in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement towards our Take Profit at 109.49 in line with 127.2% Fibonacci Projection . RSI is at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information,...
➡️ At the moment, in the medium term, the USDCAD currency pair is considered long. Globally, the price is in the range of 1.20000 - 1.45000 and has already rebounded from its lower border. Locally (on the chart) the price is clearly in the balance of 1.24697 - 1.25929 and the sellers are getting ready for another drop to the level of 1.24697 today. After...
After breaking down the short-term $106 support zone of CURRENCYCOM:OIL_BRENT , we can expect a pullback to it and saving energy for moving toward its PRZ and TRZ, both mentioned on the chart. As long as the price is under $109.3, the analysis is valid!
Prices are on bullish momentum and abiding by an ascending trendline. We see the potential for bullish continuation from our Buy Entry at 105.19 in line with 61.8% Fibonacci retracement towards our Take Profit at 111.61 which is an area of Fibonacci confluences. RSI is portraying bullish momentum. Any opinions, news, research, analyses, prices, other information,...
the USOIL price is in support line. the descending channel & the key level are broken, so i predict a bullish move 🚀 TARGET: 107.850 , 113.220 🎯 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Multiple time frame analysis on Oil. Price action & structure. Trading plan for this week explained. ❤️Please, support this idea with like and comment!❤️
A few days ago, America announced the uncapping of strategic oil reserves, which are now at the lowest level in the last 20 years - about 570 million barrels. Regular sales of 1 million barrels per day of oil will lead to their reduction by another third. But today oil quotes are getting more expensive again, as the sale of oil from the US strategic reserve will...
➡️ The release of 180 million barrels of US strategic reserves to the market will help the oil market balance in 2022, increasing supply by 1 million barrels per day within six months, analysts at Goldman Sachs write. According to analysts, the additional supply "will not solve the problem of a structural supply deficit that has been building up over the...
Daily/4h time frame analysis on Oil. Price action & directional bias. My trading plan explained. ❤️Please, support this idea with like and comment!❤️
This Thursday (31.03.2022) the president of the USA declared that the country will release from its strategic oil reserves, in coordinated effort with other countries. USA is planning to release 1 million barrels per day, while other countries might contribute 30-50 million barrels. This will erase the shortage of energy supply for the second quarter and might...
Here we can see a double top forming @ around $110 . A possible short order after the neckline @ around $109 - $108.900. Enter @ 108.600 SL @ 109.00 Tp @ 107.600
WTI prices remain highly volatile and highly responsive to the news following the russian invasion in Ukraine. After some progress in the peace talk between Russia and Ukraine in Istanbul, the price of WTI fell with 2% in Tuesday, but the situation there is far from over, so writing off some future rally due to new developments is out of the question. OPEC+...
FX_IDC:USDBRO is retracing in what seem to be wave C of ABC decline after completing a 5 wave impulse. There are 2 primary levels to watch out for - first is $87 based on A and C equality, but price could take support at the trendline and wave C could truncate or result in complex correction. That level would be between $98-$100. Having said that, once this...
Brent oil 2r target after breaking out of a small downtrend and bouncing on previous small range area With geopolitics still being uncertain might warrant for a long Move stop loss to entry if long and 1r reached in case of aiming of 2r or more.
usoil it will remain in uper zone as long as war situation remain in ukrain if russian oil cut fully in world you can buy till 160 180
Oil prices have been rising once again over the last week as the EU has considered banning Russian imports and an outage on a pipeline that runs through the country reduced output by around one million barrels per day. Sanctions imposed by the West have already caused significant disruption to Russian oil exports which could total around three million barrels per...