I'd like to draw your attention to an issue that has been brewing beneath the surface, silently impacting emerging market countries and their currencies. It is the high oil price, which many argue functions as a form of tax, cooling economic growth and putting additional strain on these nations. The recent surge in oil prices has undoubtedly caught the attention...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Oil prices fell back below the 10-day moving average, but the market is still bullish. The main reasons for the fall in crude oil prices may include the fact that the Saudi energy minister defended the production cut and claimed that extending the production cut was not to push up oil prices; the Federal Reserve kept interest rates unchanged. If the support...
CAPITALCOM:OIL_CRUDE chart mapping/analysis for short-term swing trades.
CAPITALCOM:OIL_CRUDE chart mapping/analysis for med-long term swing trades.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
HP | Helmerich & Payne, Inc. Energy | Oil & Gas Drilling | USA | NYSE HP chart in may-june 2023 finished its 4th wave. I expect $54 price till the end of the year - the 1st wave of the big 5th wave.
WTI Crude Oil got rejected a little before it hit Resistance (1) at 93.80, which is a 11 month long level. The trading pattern since the mid April shows a good deal of correlation with October 20th 2021 - March 7th 2022. That was the peak of the Ukraine-Russia War. In order to get such an immense price spike, a heavy fundamental catalyst needs to blast out,...
CAPITALCOM:OIL_CRUDE inverse H&S development on 15min chart, TBC. Breakout above ~91.10 for confirmation. Capitulation below ~89.50 (right shoulder) invalidates pattern. TP target ~93.50 upper trend-line confluence.
Day Trade Market Condition sep 22, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend Note the trend on ES/NQ approaching 4376/14718, it attracts buying however enter if price action and volume suggesting
Crude oil fell first and did not give short-selling opportunities. Then short-selling can only be considered when it goes up to the support line. The short-selling opportunities in the 90.8-91.6 area were also prompted in the roadshow and in the group (as shown below). . With the sharp counterattack of crude oil, bulls began to save themselves, but eventually...
Oil is the same as I predicted yesterday. Today, it fell directly and broke through the support point, but Russia suddenly announced a ban on the export of gasoline and diesel, causing oil to rise again. Now the trend of oil has become blurred. Now we can only observe the resistance and support points of the range The range is 88.9-91.1 So we can trade in the...
USOIL Technical abstract : The oil price is showing new positive trading to move to the 91.52 barrier now, reinforcing expectations for the continuation of the upward trend for the rest of the day, remembering that our targets start at 91.52 and extend to 93.02 after surpassing the previous level. Therefore, the bullish trend scenario will remain valid and...
USOIL stabilizing above90.43 will support rising to touch92.19 ,93.27then 95.07 stabilizing under 90.43 will support falling to touch 88.11 then 86.08 Pivot Price: 90.43 Resistance prices: 92.19& 93.27& 95.07 Support prices: 88.11 & 86.08 & 85.00 timeframe: 4H
Oh my..I think something big is on the way. Let's first look at what we see on the chart: It's a long-term chart, where each candlestick represents 3 months. Why did I take 3 months? Because I wanted to see the big picture. Look at the red frame. This is a daily chart, and with all the candles going up and down like a rollercoaster, it's messy and will keep you...
Buckle up, because the market is buzzing with potential opportunities for those willing to take a leap of faith. Sit tight, as we explore how recent developments in the US economy, China's recovery, and tightening supplies could pave the way for a potential rise in oil prices, with a target of $100. Get ready to seize the moment and make the most of this oil dip! ...
WTI Crude Oil / USOIL has completed 2 red 1day candles for the first time since August 23rd. This is after the formation of a new Higher High on the three month Channel Up pattern. In the meantime that High was very close to the 93.80 Resistance A level, which was a Double Top on November 7th 2022. With the 1day MACD about to close a Sell Cross, we couldn't...
Hello,Friends! USOIL pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 88.01...