Get started
US Crude Oil CFDUS Crude Oil CFDUS Crude Oil CFD

US Crude Oil CFD

No trades
See on Supercharts
OverviewNewsIdeasMindsSeasonals

Trade ideas

Oil: Key Fibonacci Zone to watch forPrice has been in a clear downtrend, with sellers firmly in control, driving a series of lower lows and lower highs. However, after a strong bearish leg, momentum began to slow, candles started showing long wicks and smaller bodies, signaling that selling pressure might be fading. If price continues upward, the $61.50 region becomes a crucial zone. A strong rejection from there would confirm that sellers are reloading for another push down. In short, this is a Fibonacci retracement move within a broader downtrend.
TVC:USOILLong
by TrendDiva
49
Hellena | Oil (4H): SHORT to support area of 54.00.As I continued to watch oil I realized that the structure I built in the last forecast is still in place. I think we should expect a correction in wave “4” to the 59.3 area, then a continuation of the downward movement at least to the 54.00 support area. This will be the completion of the downward impulse. I do not exclude the probability of lengthening of wave “3” and in this case there will be no correction and the price will immediately reach the target. Fundamental context The oil market remains under pressure as supply continues to outpace demand, raising the risk of a surplus. Forecasts for 2025-2026 indicate higher production growth while consumption slows. Rising inventories and a shift in the futures curve into contango suggest growing storage levels and weaker near-term demand. Under these conditions, downside pressure persists, keeping the probability of a further decline high. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
6
WTI Crude Oil Forms Major Head and Shoulders BreakdownHi guys. WTI has formed a massive Head and Shoulders pattern on the weekly timeframe, signaling a potential long-term bearish reversal structure. After the right shoulder completed, price decisively broke below the neckline around the $67–$70 range, confirming the pattern breakdown. This neckline now acts as a major resistance zone and aligns closely with the descending trendline, adding confluence to the bearish bias. The recent rebound appears to be a corrective pullback toward the neckline or flip area, before potentially continuing to the downside. As long as WTI remains below the descending trendline and neckline zone, bearish momentum is expected to dominate. The projected measured move target from the pattern suggests two possible support objectives: First target: around $49.40, corresponding to prior consolidation and structural support. Final target: near $43.40, aligning with historical demand and the full measured move projection from the Head and Shoulders formation. Overall, unless WTI reclaims and sustains above the $70 area, the medium- to long-term bias remains bearish, with corrective rallies likely to face selling pressure. Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:WTIShort
by melikatrader94
12
WTI OIL Strong long-term rebound incoming.Over a month ago (September 17, see chart below), we gave a strong Sell Signal on WTI Oil (USOIL) as the price was again rejected on its 1W MA50 (blue trend-line) and was headed towards the inner Higher Lows trend-line, easily hitting our $59.50 Target in the process: Yet again we consult the more reliable long-term time-frames, now making a bullish call as the price is already rebounding this week on the Higher Lows. Given also the identical 1W RSI pattern with 2023, we expect a bounce towards at least the 0.618 Fibonacci retracement level at $69.50, same as the December 2023 - March 2024 rally. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILLong
by TradingShot
3
Bearish reversal off major resistance?WTI Oil (XTI/USD) is rising towards the pivot, which is an overlap resistance and could reverse to the 1st support. Pivot: 62.10 1st Support: 58.37 1st Resistance: 64.66 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:XTIUSDShort
by IC Markets
2
USOIL based on NEoWaveThere has been a lot of demand for oil analysis. In the 2-month cash data, we see that oil reached $56, and many say there’s a possibility that oil may not touch the high levels above $70 again, but the chart suggests otherwise. In the 2-month cash data, given the complexity in wave-(c), it appears that a reverse contracting triangle pattern is forming. After the completion of wave-(c), wave-(d) of this triangle could potentially rise to $90. Currently, we are in wave-(c) of this triangle, which is transforming into a diamond diametric pattern. Wave g of this diametric could end at $56 or in the $50-52 range, completing wave-(c). The chart will be updated if needed. Good luck NEoWave Chart
TVC:USOIL
by NEoWave-Chart
1
USOIL breakout from consolidation zone big breaking📊 USOIL (WTI Crude Oil) Technical Update 🛢️ USOIL has confirmed a descending channel breakout followed by a range consolidation breakout — showing strong bullish momentum on the 30-minute timeframe. 🔥 📈 Breakout Level: 57.60 🎯 Technical Targets: 1️⃣ First Target – 58.20 2️⃣ Second Target – 59.00 As long as price holds above 57.60, the bullish bias remains intact. ⚡ #USOIL #WTI #CrudeOil #PriceAction #TechnicalAnalysis #BreakoutTrading
TVC:USOILLong
by ExpertTraderASK
1
USOIL Crudeoil bullish forecast down trend breakdout🚨 USOIL (Crude Oil) Technical Update 🚨 🕒 Timeframe: 1H 📉 After a clear downtrend breakout, price has shown a strong bullish consolidation breakout from the key support zone at $60.700. 🔥 Momentum is shifting bullish, signaling potential continuation to the upside. 🎯 Technical Targets: $61.300 — Initial resistance / short-term target $62.000 — Mid-term bullish objective $62.800 — Extended target / next major resistance 📊 Outlook: As long as price holds above $60.700, buyers remain in control. Watch for sustained volume and candle confirmation for further continuation. #USOIL #CrudeOil #TechnicalAnalysis #Forex #Commodities #Trading #Breakout #BullishMomentum 💪📈
FX:USOILLong
by ExpertTraderASK
2
USOIL Can Rise Higher (Swing Trade Opportunity)USOIL Can Rise Higher (Swing Trade Opportunity): OIL has been falling hard in the recent weeks. One of the reasons was the sub sector rotation. Most funds were being routed from energy to precious metals. Now OIL has completed and M pattern, which means that it can start to rise. So far this has showed a little upward movement which is not a sign of strength but rather an initial invite to the buyers. Lets see if it gains momentum and becomes substantial. Not a trade advice as usual. Follow this channel and switch the notifications on for more. Please support this analysis by liking, commenting, and sharing with friends, colleagues, traders, and trading communities. Thanks👍🙂
TVC:USOIL
by vikinsa
2
Today's crude oil trading strategyDon't be intimidated by "mid-term supply pressure", as the risks are manageable when going long.​ 1. Geopolitical Conflicts "Keep Adding Fuel" – Supply Worries Persist​ The U.S. has just escalated sanctions on Russia and imposed restrictions on Venezuela’s crude oil exports, which directly cuts off part of the global supply. For context: When Ukrainian forces attacked Russian ports earlier, Russia’s daily crude exports dropped by 2 million barrels, and oil prices jumped 3% in a single day. Now, sanctions like these will only make the market more anxious about "insufficient oil supply," which will keep prices supported in the short term.​ 2. Inventory Data Offers "Genuine" Positives – Demand Provides a Safety Net​ U.S. crude oil inventories have fallen for two consecutive weeks, with a further drop of 1.8 million barrels in the latest week. This clearly shows "more oil is being used than produced" – the current price gains aren’t unfounded. Additionally, China’s refinery utilization rate has risen from 86% to 88%, and there’s a requirement to ensure refined oil supply in the fourth quarter. This means demand for crude oil will only increase, adding an extra "safety cushion" for long positions.​ Crude Oil Trading Strategy for Today usoil @buy60.80-61.0 tp:61.5-62 sl:60
TVC:USOILLong
by Ryan_Lewis1
1
USOIL Is Bearish! Short! Take a look at our analysis for USOIL. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 57.145. Considering the today's price action, probabilities will be high to see a movement to 55.504. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
2
Market Analysis: WTI Crude Oil Attempts ReboundMarket Analysis: WTI Crude Oil Attempts Rebound WTI Crude oil is now attempting to recover after sliding toward $56.00. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil prices extended losses below the $60.00 support zone. - It cleared a key bearish trend line with resistance at $57.50 on the hourly chart of XTI/USD. WTI Crude Oil Price Technical Analysis On the hourly chart of WTI Crude Oil, the price struggled to continue higher above $62.00 against the US Dollar. The price formed a short-term top and started a fresh decline below $61.20. There was a steady decline below the $60.00 pivot level. The bears even pushed the price below $58.50 and the 50-hour simple moving average. Finally, the price tested $56.00. The recent swing low was formed near $55.94, and the price is now correcting losses. There was a move above the 23.6% Fib retracement level of the downward move from the $62.45 swing high to the $55.94 low. The price cleared a key bearish trend line with resistance at $57.50. On the upside, immediate resistance is near the 50% Fib retracement at $59.20. The main hurdle is $59.95. A clear move above $59.95 could send the price toward $62.45. The next stop for the bulls might be $64.00. If the price climbs further, it could face sellers near $65.00. Immediate support is $57.50. The next major level on the WTI crude oil chart is $55.95. If there is a downside break, the price might decline toward $55.00. Any more losses may perhaps open the doors for a move toward the $52.00 zone. 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
1
XTI/USD Chart Analysis: Oil Prices Fall to Yearly LowsXTI/USD Chart Analysis: Oil Prices Fall to Yearly Lows As shown on the XTI/USD chart, WTI crude is trading below $57 today, with the 2025 low sitting near $55. Several factors are currently weighing on oil prices: → Uncertainty surrounding the US-China trade deal — the world’s two largest oil consumers — continues to cloud the outlook for global growth and crude demand. → Increased output from OPEC+ members has added further pressure, with the IEA last week raising its forecast for a global oil surplus. → A decline in the risk premium following the peace agreement in the Middle East has also reduced support for oil prices. So, what could happen next? Technical Analysis of the XTI/USD Chart Seven days ago, we noted that: → In the long-term context, oil price fluctuations — following the June escalation in the Middle East — have formed a downward channel (shown in red). The current price has now slipped below its lower boundary. → In the short term, the pace of the decline appears to be accelerating, highlighted by the purple trajectory lines. At that time, we suggested a scenario in which WTI could drift towards its yearly low near $55, which is now materialising. However, note the following: → The RSI indicator is hovering near oversold territory. → The chart shows signs of a Falling Wedge pattern, which often precedes a bullish reversal. Given these signals, it is reasonable to assume that, after a roughly 10% decline since the start of the month, bears may begin locking in profits on short positions. This could trigger a technical rebound in WTI prices — potentially towards the resistance area defined by: → The lower boundary of the red channel; → The psychological level of $60; → The median line of the purple channel. 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
1
XTI/USD : Oil Prices Rise Following Trump’s Sanctions DecisionXTI/USD Chart Analysis: Oil Prices Rise Following Trump’s Sanctions Decision According to the XTI/USD chart, WTI crude is now trading above the key psychological level of $60, marking a sharp rebound of over 3% from October’s lows. The surge came after U.S. President Donald Trump announced sanctions against major Russian oil producers Rosneft and Lukoil, which together account for more than 5 million barrels of oil per day. The move is expected to reduce global oil supply; however, media outlets point out that: → there is no certainty that China and India will refrain from purchasing Russian crude; → previous sanctions introduced under the Biden administration — targeting companies such as Gazprom Neft and Surgutneftegaz — had little impact on Russian oil exports. What could happen next? Technical Analysis of the XTI/USD Chart On 20 October, we noted that two descending channels had formed: → Red channel – a long-term pattern that developed following the Middle East escalation in June; → Purple channel – indicating accelerated downside pressure driven by rising OPEC+ output and hopes for a U.S.–China trade accord. Our earlier assumption that the market was oversold and that the Falling Wedge pattern might trigger a bullish reversal proved correct (as shown by the arrow). Following the formation of an inverted head and shoulders pattern, oil prices climbed towards the median line of the purple channel. At this stage, consolidation appears the most likely scenario, as supply and demand may stabilise around the channel’s median. Much will depend on statements from the White House, since higher oil prices could threaten U.S. inflation objectives. However, if bullish momentum persists, WTI may continue to rise towards the next resistance area, defined by: → the upper boundary of the purple channel; → the 8–9 October highs, where a false breakout similar to the bear trap seen on 26 September cannot be ruled out. 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
1
Oil’s Bottom Is on Its Last Breath — A Major Rally Is ImminentPrevious analysis: Update is on the chart above 👆 The downside we were hunting looks near completion; in time terms, the correction also appears done. Wave structure points to the end of wave 2 and the start of a powerful wave 3 up. Failed downside breaks and liquidity sweeps of recent lows back this view. Confluence: demand retest, deep fib retrace (around 78–88%), and weakening seller momentum at the latest lows. Roadmap: once this phase completes, I’m looking for an impulse toward $110—with momentum building as price reclaims 65 and then 81. Risk: even if this setup gets stopped, I’ll keep looking for long entries—trend context and timing still favor upside continuation. Macro angle: a major oil spike is rarely just a chart pattern—it’s a stress signal. What crisis is this foreshadowing? Middle East? Or something broader and global on supply/demand? If this resonates, save & follow for the next updates. (Not financial advice.)
BLACKBULL:WTILong
by mahdiomidi
5
Oil vs Gold: Transition to the Next Commodity CycleThe chart compares WTI crude (top) and the Gold/Oil ratio (bottom) on a weekly basis. Historically, when the Gold/Oil ratio spikes — meaning gold becomes very expensive relative to oil — it tends to mark the end of the precious metals phase and the beginning of the broader commodity cycle. In the past three cycles: -2009 → 2011: Oil +219% -2016 → 2018: Oil +188% -2020 → 2022: Oil +572% We’re seeing the same setup again: TVC:USOIL sits at long-term support. Gold/Oil ratio has reached historical extremes. In each of these cases, gold had already led the move — followed by silver, industrial metals, and finally oil — the last to rally as growth and inflation expectations picked up. If history rhymes, this could mark the rotation point where energy begins to outperform within the commodity complex.
TVC:USOILLong
by OrbisInvestment
3
19.10.25 Crude Oil WeeklyOil is about to approach the Weekly Demand Zone Weekly (Higher Time Frame) The Weekly Demand have 3 basing candle's: the Basing candle are so small it means price have been in balance til the buy pressure came in. Also you the Demand zone was formed in a previously Supply zone. It means Supply became Demand (flip zone) and can indicate an uptrend. Daily ( Lower Time Frame) We are Having An Level on top of Level situation. Both level are covered in from Higher time frame. i will use both levels as my risk zone. In the moment i reach twice profit of my risk i will move my stoplose to breakeven. When we reach the first strong Supply i take of 75% of profit and let run the other 25% and trail my stoplose
OANDA:OILWTI.PRO.OTMSLong
by felixpip86
1
Bearish continuation setup?WTI Oil (XTI/USD) is rising towards the pivot and could drop to the 1st support. Pivot: 58.32 1st Support: 55.92 1st Resistance: 60.17 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:XTIUSDShort
by IC Markets
Can WTI’s 8% Rally Hold After Trump-Putin Summit Collapse?WTI just staged its biggest two-day rally since June, as hopes for a Trump-Putin summit were dashed, leading to new US sanctions on Russian oil exports. Here’s what’s fuelling the move and what traders should watch next: - US sanctions on Russia’s top oil producers after failed Budapest summit trigger supply fears and spike prices - Trump escalates rhetoric to maintain leverage as Zelensky signs military deals with Sweden, raising geopolitical stakes - WTI reclaims key $61 resistance, with daily RSI momentum signalling room to run and a possible cup & handle breakout toward $68 - Supply glitch fears (India, OPEC’s slow reaction) and technicals all support continued upside if the current environment holds Watch for buy the dip signals, respect $61 support, and target the $65–68 channel top if current drivers persist. Stay tuned! This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:WTILong
by ThinkMarkets
1
Review of USOIL's Performance This Week📝This week, the USOil market exhibited a highly volatile pattern of "first bottoming out and stabilizing, then rebounding driven by geopolitical factors". The competition between supply-demand fundamentals and sudden geopolitical events dominated the market trend throughout the week. Details are as follows: 💡Price Movement: From Approaching Annual Lows to Intraday Surges, Volatility Within Ranges Intensifies 1. Bottoming Out Early in the Week On Monday, USOil continued its weak oscillation. It opened at $57.32 per barrel, dipped to a low of around $56 per barrel (approaching the 2025 annual low of $55.12), and finally closed at $56.93 per barrel, down $0.61 from the previous trading day. From Tuesday to Wednesday, as panic eased, prices gradually stabilized and rebounded. It closed at $57.58 per barrel on Tuesday; on Wednesday, boosted by geopolitical expectations, it surged by $3.25 in a single day to close at $61.75 per barrel, with trading volume rising to 711,600 lots. 2. Rebounding and Then Retreating in the Latter Half of the Week On Thursday, the official release of detailed EU and U.S. sanctions on Russian energy triggered a strong market reaction. USOil opened at $59.94 per barrel and then jumped, peaking at $62.59 per barrel with an intraday gain of nearly 5%, before closing at $61.44 per barrel. On Friday, after the earlier rebound, prices entered a consolidation phase, fluctuating narrowly around $62. For the whole week, it rebounded by over 10% from the previous week’s low. 💡Core Influencing Factors: 1. Bearish Drivers: Sustained Supply-Demand Easing Suppresses Oil Prices ✔Worsening Supply Glut ✔Weak Demand Weighs on Prices 2. Bullish Disturbances: Geopolitical Sanctions Trigger a Phased Rebo 💡Technicals and Market Sentiment: Recovery After Oversold Conditions, Persistent Long-Short Divisions 1. Divergent Signals from Technical Indicators 2. Intense Battles Around Key Levels The support at the annual low of $55.12 proved effective, serving as the starting point for the week’s bottoming and rebound. The resistance levels at $58 and $62 were breached one after another, but the resistance from the $63 level and the 70-dollar trend line still posed long-term pressure. A breakthrough would require sustained improvement in fundamental 💡Outlook: Short-Term Oscillations Unlikely to Reverse Long-Term Weak Trend 💎Short-Term Perspective: Geopolitical risk premiums and technical recovery after oversold conditions may support oil prices to fluctuate within the $58-$63 range. If the supply gap caused by sanctions continues to widen, it may test the resistance level of $66. 💎Long-Term Perspective: The IEA predicts that Brent crude oil prices will range between $52-$60 in 2026. Core contradictions such as loose supply-demand, accelerated energy transition, and approaching demand peaks remain unresolved. If the support at $55 is broken, it may fall to the deep correction range of $49 or even $37. The market should focus on whether OPEC+ will adjust its production increase plan at the November 2 meeting and the impact of global manufacturing PMI data on demand expectations.
CFI:WTILong
by Clarke_analysis