USOIL Will Grow! Long!
Take a look at our analysis for USOIL.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 64.358.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 65.729 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USOIL.F trade ideas
Bullish bounce off key support?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 64.17
1st Support: 63.59
1st Resistance: 65.73
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Potential bullish bounce?USO/USD is falling towards the support level, which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 64.12
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 63.50
Why we like it:
There is a pullback support that is slightly below the 61.8% Fibonacci retracement.
Take profit: 65.71
Why we like it:
There is a pullback resistance level that is slightly below the 161.8% Fibonacci extension.
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Oil Trade Analysis📊 NFX GBEBROKERS:USOIL Oil Trade Analysis
FX:USOIL is currently trading at a critical resistance zone around $64.200. With no strong fundamentals to back the current bullish momentum, this move looks short-lived given the broader macroeconomic outlook (as discussed in our last WMA session).
🔀 Two key paths ahead:
Path A – Bearish Rejection🔻(Most Probable)
Price faces rejection at current SR zone.
Confluence with the 200-day SMA, which has acted as strong resistance for some time.
Likely scenario: sharp retracement downwards.
Path B – Liquidity Grab 🔸
Price breaks above the 200-day SMA and SR zone.
Pushes higher towards the next resistance at 65 (38.2% Fib level).
Expected to be a fakeout/liquidity grab before a heavy bearish drop.
📅 Market Movers to Watch Tomorrow:
FOMC Statement
USOil Inventory Report
Fed Rate Cut Decision
⚖️ Personally, I lean strongly towards Path A (bearish rejection🔻), but I’ll be waiting for confirmation before entering. News tomorrow will be the key catalyst.
💬 What’s your outlook? Share your thoughts in the comments.
CRUDE OIL (WTI): Complete Support & Resistance Analysis Today
Here is my latest structure analysis for WTI Oil.
Resistance 1: 63.7 - 64.1 area
Resistance 2: 65.6 - 66.8 area
Resistance 3: 70.2 - 70.5 area
Support 1: 61.4 - 62.0 area
Support 2: 59.0 - 60.8 area
Support 3: 55.3 - 57.3 area
The price is currently breaking Resistance 1.
A daily candle close above that may push the prices to Resistance 2.
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Crude Oil Eyes 4-Month Consolidation BreakoutOil prices have been consolidating within a triangle formation since the June 2025 high, which was triggered by the Israel–Iran escalation. Price action has traced a sequence of lower highs and higher lows, holding above the critical $61 support.
With five legs unfolding inside the triangle, a potential bullish breakout could take shape if the price holds above $64, opening the door toward: $66.80, $67.70, and $70.20, which aligns with the upper boundary of a long-term descending channel from 2022
A confirmed break above $70.20 could shift the long-term trend, transitioning from consolidation to a potential bullish reversal.
From the downside:
Failure to hold above $61 could see a retest of the 2025 lows, with key support levels at: $60.20, $59.20, $58.00.
Key events:
• FOMC meeting – Wednesday
• Ukraine-Russia refinery attacks
• Demand vs OPEC unwinds
Written by Razan Hilal, CMT
Crude Oil Monthly Forecast: September 2025
The West Texas Intermediate Crude Oil market has been rather negative during the month of August, but at the end of the month we saw the market bounce roughly 50% of the move, and as I do this analysis at the end of the month, we are sitting at a crucial level.
This does make a certain amount of sense, because there are a lot of questions right now about where the global economy is going.
Crude Oil and the Economy
Keep in mind that crude oil is extraordinarily important for most economies, and of course the transportation of goods and services. In other words, crude oil will rally in times of economic growth but also will struggle in times where growth is extraordinarily limited. That’s the question we find ourselves trying to answer at the moment, and this may be part of the reason why we are hanging around and trying to sort out where we are going next.
Another major problem at the moment is the fact that Russia, OPEC, in the United States are all ramping up production, which of course will drive down price as supply is getting to be too much. Between that and the possibility of the global economy slowing down, this could be a very bad sign for crude oil. This isn’t to say that we need to fall apart, just that it might be extraordinarily difficult for oil to get a bit of a bid at the moment.
Ultimately, I think the $65 level continues to be an area of interest, as the price has acted like a magnet more than once. If we can rally from here, somewhere around the $60 level I would expect to see a lot of resistance. On the other hand, if we drop from here, I think somewhere around the $60 level there should be significant support. Anything below would be an extraordinarily negative sign. I believe we are trying to find some type of range, perhaps between the $62 level and the $67 level, but we will have to wait and see how that plays out. Either way, I would anticipate choppy and basically sideways action for the month.
USOIL H4 | Bearish reversal off major resistanceUSOIL is rising towards the sell entry, whichis an overlap resistance that aligns with the 78.6% Fibonacci retracement and the 138.2% Fibonacci extension and could reverse from this level to the downside.
Sell entry is at 65.00, which is an overlap resistance that aligns with the 78.6% Fibonacci retracement and the 138.2% Fibonacci extension.
Stop loss is at 66.62, which acts as a pullback resistance.
Take profit is at 61.72, which is a multi swing low support.
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WTI long or short?Personally i don't see the short becuase we are on a huge buying range, which means that if the market really wants to go down will have to work. Not only that but also they already tried to push the market down that the process failed when buyers stepped in around the 62s.
Anyway, on 4h im seeing how the first time that it got to 62 the buyer appeared aggresively and the second time they literally stopped the market from continue falling. According to what i have said, it is possible to project potential purchases once it breaks 64.192 however, we have to be sure that it is a high quality brea (all the mases can see it and are already in) After that, it is as simple as waiting for a shakeut (wait until they have created liquidity and reclaimed 64.192) after that the market is very likely to go to 65.349. if im correct, i will cover at least 60-70% or more because ill be going against a huge wall and we might still be on AB or already an internal process of D. Lets see
Boring oilHonestly, even if you analyze oil just once a month and then come back to the chart the next month, you wouldn’t miss anything — the chart is that repetitive. For months now, the price has been fluctuating between \$63 and \$61. So for now, we won’t be posting any more oil analyses until a new conflict in the Middle East happens that could push the price higher. ✅
Oil gains amid geopolitical risks, supply outlookOil gains amid geopolitical risks, supply outlook
Oil rose in early trade as markets weighed rising geopolitical tensions against forecasts of oversupply. Trump warned of major sanctions on Russia and urged allies to impose steep tariffs on China and India for buying its crude, while Ukraine’s drone strikes on Russian refineries added to risks.
Goldman Sachs expects oil to trend lower next year on strong supply growth but says prices may rebound sooner if inventories peak or OPEC cuts output. The bank now sees Brent in the low $50s and WTI near $50 by end-2026.
Crude oil - DAILY- 15/09/2025Oil prices extended last week’s gains as traders weighed rising geopolitical risks against forecasts of a surplus later this year. US President Donald Trump renewed pressure on Europe to cut Russian oil purchases and floated sanctions if NATO allies comply, while the US is also pushing G7 partners to impose tariffs on China and India for buying Russian crude.
Market sentiment remains shaped by escalating tensions, including Israeli strikes in Qatar and Ukrainian drone attacks on Russian refineries. Analysts warn that sanctions and infrastructure damage could push prices higher in the short term, but expectations of a supply overhang and OPEC+ production increases keep downside risks in focus.
On the technical side, the price of crude oil has retested the major support area of $62 and has since rebounded to the upside. The Stochastic oscillator is back in neutral levels for the time being, hinting that the recent bullish correction could project into the near short term while the Bollinger bands are sufficiently expanded, showing that there is volatility to support any short-term spikes.
Disclaimer: The opinions in this article are personal to the writer and do not reflect those of Exness
USOIL BEARISH BIAS RIGHT NOW| SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 62.91
Target Level: 61.55
Stop Loss: 63.81
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USOIL Long term outlookStill bearish short term, but stocks like GTE may be a strong buy at the MA support.
OIL will dump in the future as alternative fuels take its place or another economic standstill occurs i.e. pandemic v2 (ty bill gates), but then I expect OIL to pump from that low once it has been reached
Not financial advice
WTI 4HTrading Outlooks for the Week Ahead
In this series of analyses, we review short-term trading outlooks and perspectives.
As can be seen, in each analysis there is a key support/resistance zone close to the current price of the asset. The market’s reaction to or breakout from these levels will determine the next price movement toward the specified targets.
Important Note: The purpose of these trading outlooks is to highlight critical price levels ahead and the market’s potential reactions to them. The analyses provided are by no means trading signals!
USOIL: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse USOIL together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 62.548 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Oil Analysis: Testing Lows Before a Bounce?Price remains below key resistance levels and the monthly Point of Control (POC). I think within the next week, we could see the lows taken out, which would then be followed by a bounce.
The key question is whether the wave (ii) correction (red scenario) is complete, or if we are poised for another rally toward $67/bbl.
For now, we are maintaining careful short positions. Fading the trend at the potential end of a wave is generally a fool's errand; I've even added it to my rulebook as a hard taboo.
The slightly longer-term chart suggests another potential scenario in green.
USOIL Is Very Bullish! Buy!
Here is our detailed technical review for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 62.543.
Taking into consideration the structure & trend analysis, I believe that the market will reach 70.257 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!