Despite Iran's attack on Israel, the prices of Brent and WTI crude oil remained stable. However, in the event of a reciprocal response from Israel to Iran within the next 24 hours, the price of oil is expected to make a significant upward jump from its long-term trend line. Currently, the price of WTI crude oil is within its supportive range on the 4-hour...
WTI oil (XTI/USD) is trading close to the pivot which has been identified as a pullback support. Could this commodity find support around this level before potentially reversing to rise towards the 1st resistance? Pivot: 85.57 1st Support: 83.22 1st Resistance: 90.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
Hello,Traders! NATGAS has retested a massive Horizontal support level of 1.450$ And already made a rebound So we will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#USOIL.. war season is going on. And oil is at his support of the current month and week. That is 85.20 around Keep close that supporting area, if market hold it then all ok but in any scnerio market break that support then a gradually drop expected otherwise not.. Good luck Trade wisely
USOIL prices have been on an upward trend in recent weeks, driven by supply concerns and geopolitical tensions in the Middle East. The price has approached a key resistance trendline area, where a breakout or pullback could occur. If the price breaks above the resistance trendline area, it could signal a continuation of the uptrend, with potential targets at...
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Financial markets are bracing for the uncertainty surrounding Iran's recent strike on Israel and the potential for retaliatory measures. Mohamed A. El-Erian, Chief Economic Adviser at Allianz, remarked that the current situation may lead to elevated gold and oil prices, alongside lower US Treasury yields and stocks compared to what would have been expected...
Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
OILUSD is an uptrend channel and the next target is at area 90-95 which is the neckline of the double bottom pattern forming and a break above this level will confirm its bullish movement to the previous high at 130 level and to the longer target at the upper range of the channel at 150-160.
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1- A dip into weekly fvg would be ideal before a meaningful push up towards the daily eqh's 2- I don't see why they would raid them so soon so that where my intra day bearish stance is. 3-Overall Im Bullish 4- Staying above Monthly open and the FVG next to it is key to remaining bullish, yes we can wick into these areas but most importantly is the body of the...
#USOIL Trade Idea ................................................................................
Forecast: Start of Bullish Trend (Daily) Invalidation Level: 1.580 Only buy when the price is close to these levels: 1.745; 2.026 (R/S);
Forecast: Return to Bullish Trend (Daily) Invalidation Level: 75.72 Only buy when the price is close to these levels: 82.99; 80.31.
Balance of buyers and sellers on the USOIL pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
Crude Oil is consolidating after a strong bullish wave. The price formed a horizontal range on a daily. Next week, wait for a breakout of one of the boundaries of the range for a confirmation. Bearish violation - a daily candle close below a support of the range, will give you a strong bearish signal. A bearish continuation will be expected to 83.0...
Please, check our technical outlook for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 85.37. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 87.36 level. P.S The term oversold refers to a...
✅NATGAS is trading in a Downtrend but the price Has reached a massive Horizontal support level Of 1.5$ which is both A round number and a hasn't Been breached since year 1995 So we can be pretty confident In that a rebound is to be expected And thus a swing long trade On Gas makes sense LONG🚀 ✅Like and subscribe to never miss a new idea!✅