usoil buy81.2-81.4 tp82-82.3 sl80.5
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market's volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
USOil exhibits a break of market structure on the 4-hour timeframe. We anticipate a retracement towards the 61.8% Fibonacci level, presenting a potential long entry opportunity. Set stop losses below the previous swing low and target the previous high.
Let’s first look at the support in the 80.5-80.2 range. If the support is valid, go long. The indicators are now more favorable to shorts, with resistance around 81.3. If it falls below 80.2, there will be a small rebound, but 80.5-80.8 will become strong resistance, so the risk of shorting is smaller and the profit opportunity is greater.
The rise in crude oil has ended, and $82 has become the end point of this rise. We will continue to short crude oil, currently focusing on $76 I send accurate signals every day while providing the most professional guidance!
The rise in crude oil has ended, and $82 has become the end point of this rise. We will continue to short crude oil, currently focusing on $76 I send accurate signals every day while providing the most professional guidance!
West Texas Intermediate US Crude Oil prices remain under some selling pressure for the third successive day on Friday and trades near the weekly low, around the $80.30 region during the Asian session. Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil...
I posted a trade idea a few moments ago, this is the video explaining my idea. There are important points in the video that are noteworthy. USOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced,...
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
Crude oil trading analysis The oil market was mixed and volatile last week. The Red Sea shipping crisis has drawn attention, while an increase in demand forecasts from the International Energy Agency has also caused market volatility. Although WTI crude oil futures fell slightly, the overall trend showed a weekly increase of more than 3.88%. International...
USOIL is trending up on the 4H time frame, we are looking for an entry point at the 61.8% retracement level with targets being the current price swing high and a 50% measured move. SL below the previous swing low.
Oil holds steady around $80.60 area, just below the YTD peak touched on Thursday West Texas Intermediate US Crude Oil prices oscillate in a narrow range, just above mid-$80.00s during the Asian session on Friday and remain well within the striking distance of the highest level since November 6 touched the previous day. Crude oil is one of the most in-demand...
West Texas Intermediate US Crude Oil prices oscillate in a narrow range, just above mid-$80.00s during the Asian session on Friday and remain well within the striking distance of the highest level since November 6 touched the previous day. Formally unified as a republic in May of 1990, Yemen has become the main character in the continued story of oil prices....
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
Crude oil fluctuated upward on Wednesday, with a minimum of 77.5 and a maximum of 79.8 that day. The daily line closed at 79.5. From the daily line, the oil price has reached the upper track. Today, the focus is on the 81 line. If it rises to around $81, will there be strong resistance above? As far as the current trend is concerned, the price of crude oil has...
Oil prices rose slightly during the European session as Saudi Aramco delayed plans to increase production from 12 million barrels per day to 13 million barrels per day by 2027. WTI crude oil recovered after falling sharply during the U.S. trading session, hitting an intraday low of $76.77. Crude oil is currently recovering and repairing. You can sell high and...
In the short term, the oscillation pattern of crude oil and fuel oil futures may continue On March 12, crude oil varieties fell as a whole yesterday, especially fuel oil futures fell significantly. 1. The weakening of macro factors has hedged the benefits of OPEC+'s extension of production cuts. The weakening of oil prices has led to the decline in the support...