Get started
Crude Oil Future CFD (USD)Crude Oil Future CFD (USD)Crude Oil Future CFD (USD)

Crude Oil Future CFD (USD)

No trades
See on Supercharts
OverviewNewsIdeasMindsSeasonals

Trade ideas

WTI Crude Oil (USOIL) Technical analysisWTI Crude Oil has now broken below the 59.869 support zone, extending the bearish trend that started after the rejection from the 64.576 area. The breakdown signals strong selling momentum, with the next major support zone now seen around 58.000, followed by 55.451 if weakness persists. Support at: 58.000 / 55.451 🔽 Resistance at: 59.869 / 61.717 / 63.090 🔼 🔎 Bias: 🔼 Bullish: A strong daily close back above 59.869 could indicate a false breakdown and open a retracement toward 61.717. 🔽 Bearish: Sustained trading below 59.869 keeps downside pressure intact toward 58.000 and possibly 55.451. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
EASYMARKETS:OILUSD
by SPOT_FX
Oil Market: Bearish to neutral — potential for a rebound if $6,0Oil Market: Bearish to neutral — potential for a rebound if $6,000 holds Crude and gasoline prices fell on Oct. 9 as market sentiment shifted amid rising supply expectations. OPEC+ agreed to raise output by 137,000 bpd starting November, well below expectations of a 500,000 bpd hike. The group continues to unwind earlier cuts, aiming to restore 1.66 million bpd of production by year-end. OPEC’s September output rose 400,000 bpd to 29.05 million bpd, a 2.5-year high. On Oct. 10 supply concerns eased after Israel accepted a U.S.-brokered cease-fire deal in Gaza, reducing geopolitical risk premiums. Still, new U.S. sanctions on Iran—targeting over 50 entities linked to oil and LPG trade—helped limit further losses. Russian supply disruptions remain a supportive factor after drone attacks forced shutdowns at key refineries, while floating storage volumes fell 7% week-on-week to 82.8 million barrels, signaling tighter near-term supply. Meanwhile, Iraq’s plan to resume Kurdish exports (up to 500,000 bpd) could weigh on prices, offsetting some of the geopolitical support. EIA data showed U.S. crude inventories 4.5% below the 5-year average, with production up 0.9% w/w to 13.63 million bpd, near record highs. Active U.S. oil rigs slipped by two to 422, just above the four-year low. Outlook: Crude oil continues to display a bearish short-term structure, extending its recent downtrend after failing to sustain above the $6,300–$6,350 resistance zone. The price has now revisited the local support area around $6,050–$6,000, which has acted as a key pivot level in recent sessions. ANZ Research expects near-term downside risks amid higher OPEC+ supply and weaker refinery demand, though low stockpiles outside China may cushion prices into 2026. A clean rebound from $6,000 could trigger a short-covering move toward $6,200–$6,300.
FOREXCOM:USOILShort
by ProfessorSingapore
Bullish rebound at major support level?WTI Oil (XTI/USD) has bounced off the pivot, which has been identified as an overlap support that lines up with the 38.2% Fibonacci retracement and could rise to the 1st resistance. Pivot: 62.05 1st Support: 60.62 1st Resistance: 64.70 Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDLong
by ICmarkets
WTI crude oil Wave Analysis – 8 October 2025 - WTI crude oil reversed from round support level 60.00 - Likely to rise to resistance level 64.00 WTI crude oil recently reversed up from the support zone surrounding the round support level 60.00 (which has been reversing the price from the middle of May). The upward reversal from the support level 60.00 created the daily Japanese candlesticks reversal pattern Hammer. Given the strength of the nearby support level 60.00 and the oversold daily Stochastic, WTI crude oil can be expected to rise to the next resistance level 64.00.
FXPRO:XTIUSDLong
by FxProGlobal
WTI Crude oversold bounce back capped at 6430 The WTI Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend. Key resistance is located at 6430, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6430 could confirm the resumption of the downtrend, targeting the next support levels at 6200, followed by 6070 and 6000 over a longer timeframe. Conversely, a decisive breakout and daily close above 6540 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6650, then 6830. Conclusion: The short-term outlook remains bearish unless WTI Crude breaks and holds above 6430. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:WTI
by TradeNation
Market Analysis: WTI Crude Oil StrugglesMarket Analysis: WTI Crude Oil Struggles Crude oil is recovering and might rise toward the $63.20 resistance zone. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil is recovering losses and trading above $61.20. - There is a short-term rising channel in place with support at $61.20 on the hourly chart of XTI/USD. WTI Crude Oil Price Technical Analysis On the hourly chart of WTI Crude Oil, the price found support near $60.25 against the US Dollar. The price formed a base and started a recovery wave above $60.80 and the 50-hour simple moving average. The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $66.16 swing high to the $60.26 swing low. The hourly RSI is above the 60 level, but the price is struggling near $62.00. The next hurdle could be $63.20 and the 50% Fib retracement. A clear move above $63.20 could send the price toward $63.90. Any more gains might open the doors for a test of $64.75. Conversely, the price might start a fresh decline from $62.00. Immediate support sits near $61.20 and the 50-hour simple moving average. There is also a short-term rising channel in place at $61.20. The key breakdown zone on the WTI crude oil chart might be $60.25. If there is a downside break, the price might decline toward $58.40. Any more losses might encourage the bears for a push toward $55.00. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XTIUSD
by FXOpen
Today Lets Trade on Crude - Oil If market Break above - level of 6.515 on - 4 Hours Chart" then can buy entry your target profit will be - 64.631 ........................................................ If market Goes bellow 61.707 then we can expect will fall down - will formed Bearish Flag Pattern target profit - 59.036 HI Retail Trader. Check Below Chart This subject to Educational Purpose" Please Do your own Analyzation and Use Proper Risk - Money management And Trade" Smart Money Concept Follow My Channel 🔥🔥🔥
FX:USOIL
by MastermindIntelligent