From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an...
Welcome back to our weekly US Oil market analysis! Oil prices have been on a remarkable upward trend, extending their gains for a fifth consecutive week. The rally has been driven by perceptions that supply is increasingly tightening in comparison to demand, although recent US government petroleum data has only marginally supported this notion. Despite the...
Before we dive into the details, let me shed some light on the recent price trend that led us to this thrilling moment. Over the past few weeks, we've witnessed a remarkable surge in oil prices due to hedge fund short coverage. This upward momentum has created a buzz among traders, and rightly so. But today, my friends, we have a unique chance to ride the wave in...
Crude oil fluctuated widely throughout the day, the current price of 81.3, the upper 81.5 near the resistance level. usoil:sell@81.3-81.6 tp 80.5
Crude oil has been in a unilateral upward trend, and there is no need to say more about the bullish trend. If you don’t make a move, you will miss it. Now it falls back to 80.3 and goes long directly. There is still more than 200 points of space from the pressure of the high point of 83.5. Although The space is not very large, but the odds of winning are very...
Over the past few months, India, one of the largest importers of Russian crude oil, has been scaling back its purchases from Russia. This decline, which predates the recent geopolitical tensions, is expected to intensify due to the Indian government's decision to impose certain restrictions on imports from Russia. Such a move will likely disrupt the global oil...
Over the past few years, the United States has experienced an unprecedented surge in crude oil production. This surge has turned the country into a significant player in the global oil market, creating a deluge of US crude that has profoundly impacted the world's key oil prices. Traditionally, the world's key oil price was heavily influenced by the production...
It seems that the given 79 first-line long order has successfully reached the target position. Although the price fell back after a short-term surge, it does not mean that this wave of bulls is over. The U.S. economy performed strongly in the second quarter, and the economic growth outlook is bullish again. Coupled with optimistic demand expectations, crude oil...
The current rise in crude oil is an opportunity to short, do not miss it, and hold it for a long time Trading plan: USOIL sell@79.5-80 TP: 78-77 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income, and the current signal is 98% accurate and free to send!
Yesterday's range of narrow fluctuations, until the end of the day to ushered in a pull up, but the day line eventually closed in the end, today's day line is still stable above the MA20 support, KDJ average indicator gold fork running upward, the trend of the market or more, it is recommended to step back near 79.3-79.0, the target to see 80.8 position. Join me...
Today, oil has been rising, but at 77.6 I think there will not be a constant rise The market is like that, and it doesn't make everyone easy to make money. You must have a stable mindset to face the volatility of the market, which will deceive you and affect your judgment. If you don't know how to trade yet and don't know how to face market volatility, contact me
After experiencing continuous rise, crude oil has reached a key resistance position, and then it needs to keep selling at high levels, waiting for profit. Trading plan:usoil sell@79.5-80 tp:78-77 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income. The current signal is 98% accurate...
Brace yourself because we have witnessed a remarkable event - the oil price has broken through the MA 200 threshold for the first time this year. Isn't that incredible? This significant breakthrough is a promising sign for all oil enthusiasts and traders like yourself. It indicates a potential upward trend and opens up a world of profitable opportunities....
Raw oil on Friday the high base is not dynamic static, the United States has a small pullback after the rise of 77.2 a line, the loss of the previous correction to find back, the daily line continued to close up. Although the raw oil said that the high point before this has not been effective burst, with the lower side of the support does not break up, the strong...
Crude oil has risen continuously, has reached the key resistance position, can now consider long-term short crude oil, 1-2 weeks will fall. Trading plan: USOIL sell@79-79.5 TP:77-75 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income, and the current signal is 98% accurate and free to send!
Crude oil is currently affected by the data, rebounding back down, but from the trend point of view, crude oil upward trend unchanged, the impact of data is only short-term, and crude oil has not tested a new high before, we are still in the trading operation to buy low, focus on the two positions below, 75.3 and 74.7, both of which have effective downward...
Resistance above crude oil has appeared, next week above $77 can start shorting, if there are still losing friends in the account, seize this opportunity to fall. Trading plan: USOIL sell@77-77.5 TP: 76-75 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income, and the current signal is...
As you may have noticed, oil prices have been consolidating from $74 to $77 per barrel. While this may initially seem optimistic, it is essential to consider the broader picture. Upon analyzing the market indicators, it has come to my attention that the slow stochastics are showing a decline in oil prices. This could potentially indicate a slowdown in the...