Uranium ore trades is at records highs, as several hedge fund managers are expanding their allocations to uranium stocks, with a conviction that an increasing embrace of nuclear energy as part of a "green" future - along with geopolitically-rooted ambitions to reduce dependence on Russian oil and gas -- means the trend has a lot of room to run. On Wednesday,...
The analysis of the USOIL chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️
The most important thing on the chart is the steep rejection trend that is also trending upwards. It is leading into another rejection trend, which should see some resistance, but with a potential move along the steep trend into the rejection and finally into a breakout, we could see the price around 118. There is potential to keep climbing from this point, and...
Dear colleagues, I have redrawn the waves as a consequence of the change in the trend direction. I believe that the price will still resume the upward movement, but for now I expect the completion of wave B in the area of 72.32. Before this movement, a test of the resistance area of 75.95 is possible. Manage your capital correctly and competently! Only enter...
#MAGICUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about MAGIC. MAGIC is exactly on the way as we predicted. Already 20%+ gain so farm we can see again here upto 55%+✍
Exxon Mobil ( NYSE:XOM ) has emerged from the challenging landscape of 2023 with a commendable financial performance, reporting a robust $36 billion profit for the year. The energy giant's earnings defied industry trends, surpassing estimates and signaling optimism for the future. Beating Estimates The beating of estimates is largely attributed to Exxon's (...
Keep asking me about oil. Last week I emphasized that oil did not fall below 74 and will continue to rise this week It can be seen that yesterday the lowest oil price reached around 75.8 and the highest reached around 78.2, but it did not break through 78 many times, so it can be judged that the current range is between 75.8-78.2 In an upward trend, you mainly...
Olive Oil Discovered the following: ▫️ The 21 Smooth Moving Average makes a decent entry and exit signal ▫️ An upsloping 21 SMA, even if lost tends to recover. Down sloping rejection = exit. ▫️ Two recessions @ bottoms
Hello Traders ! On Sunday 28 Jan, The USOIL Reached a Strong Resistance Level (78.64 - 79.72). The Price Formed a Head and Shoulders Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 72.70🎯
Oil prices are up slightly today, but still heading for a bad week. This is because: China's economy might not do well: People are worried that China's building problems will hurt its growth, which means they might buy less oil. (China is the biggest oil buyer!) OPEC hasn't decided how much oil to sell yet: They'll make a choice in March, but until then,...
The United States’ decision to conduct airstrikes earlier this week against targets in Somalia and Yemen provoked more aggression from Houthi rebels, who engaged in multiple new attacks against commercial vessels in the Red Sea and the Gulf of Aden. Following that, Yemen’s rebels claimed a successful hit to the U.S. military ship, which the United States quickly...
Hello,Friends! The BB upper band is nearby so USOIL is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 72.58. ✅LIKE AND COMMENT MY IDEAS✅
In today's trading session, our focus is on USOIL, where we're eyeing a potential buying opportunity around the 72.30 zone. USOIL has been steadily advancing within an uptrend, and at present, it's navigating a correction phase, gradually nearing the 72.30 support and resistance area. This correction presents an opportune moment to consider a long position,...
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line. Completed " 1234 " Impulsive Waves at Fibonacci Level - 38.20% or Previous Strong Resistance. Divergence in RSI
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 76.37. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 81.90 level. P.S Overbought describes a period of time where...
👆👆👆 #CADCHF UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADCHF. CADCHF is exactly on the way to our main target price as we predicted. Already 100Pips+ gain so far. Now is against ready for next Bullish wave. We can see gain here upto 200Pips+ easily. Keep in touch we will update further soon
WTI Oil (USOIL) gave us the most optimal buy entry last time we made a call on it (January 22, see chart below) and almost touched the 79.40 Target before pulling back: The pattern that has emerged is a Channel Up that started since the December 13 2023 bottom. The recent top at 79.30 is a technical Higher High for the Channel Up and the rejection has started...
Hello traders, USOIL is getting more and more bullish NOW. Check on this weekly chart, all price action is above the support line. And last week, usoil has finished with a strong bullish candlestick and price positions are all above EMAs on weekly chart. Try not to short USOIL this week, and follow the new trend just start, you could get more than you can...