Despite Iran's attack on Israel, the prices of Brent and WTI crude oil remained stable. However, in the event of a reciprocal response from Israel to Iran within the next 24 hours, the price of oil is expected to make a significant upward jump from its long-term trend line. Currently, the price of WTI crude oil is within its supportive range on the 4-hour...
WTI oil (XTI/USD) is trading close to the pivot which has been identified as a pullback support. Could this commodity find support around this level before potentially reversing to rise towards the 1st resistance? Pivot: 85.57 1st Support: 83.22 1st Resistance: 90.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
#USOIL.. war season is going on. And oil is at his support of the current month and week. That is 85.20 around Keep close that supporting area, if market hold it then all ok but in any scnerio market break that support then a gradually drop expected otherwise not.. Good luck Trade wisely
USOIL prices have been on an upward trend in recent weeks, driven by supply concerns and geopolitical tensions in the Middle East. The price has approached a key resistance trendline area, where a breakout or pullback could occur. If the price breaks above the resistance trendline area, it could signal a continuation of the uptrend, with potential targets at...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
OILUSD is an uptrend channel and the next target is at area 90-95 which is the neckline of the double bottom pattern forming and a break above this level will confirm its bullish movement to the previous high at 130 level and to the longer target at the upper range of the channel at 150-160.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Overview: We’re observing a bullish setup on TVC:USOIL , as price action suggests a strong reaction at critical support levels, indicating potential upside movement. Key Observations: The 1-hour chart presents a descent into a key support zone marked by an FVG (Fair Value Gap) around $85.40. The market response here will be crucial to validate our bullish...
Forecast: Return to Bullish Trend (Daily) Invalidation Level: 75.72 Only buy when the price is close to these levels: 82.99; 80.31.
WTI Oil has made a double top trap and consolidating above liquidity pool, below which is the weekly FVG with a overlapping swing high to the left. Monday-Wednesday we can see turtle soup into this reversal zone and target this double top for longs. Bullish!!
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/ USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Balance of buyers and sellers on the USOIL pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
US OIL WTI : Bullish - 2 Falling wedges + Head&Shoulders Wti crude oil can rise higher because of current geopolitical tensions. OPEC countries have reduced their daily production of barrels of oil. Technically: The wolf of Zurich has detected 2 "Falling wedges" and an " inverse head & shoulders" . These chartist patterns could raise the price of WTI oil around...
Crude Oil is consolidating after a strong bullish wave. The price formed a horizontal range on a daily. Next week, wait for a breakout of one of the boundaries of the range for a confirmation. Bearish violation - a daily candle close below a support of the range, will give you a strong bearish signal. A bearish continuation will be expected to 83.0...
Please, check our technical outlook for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 85.37. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 87.36 level. P.S The term oversold refers to a...
This chart study is only for educational purpose please do your own study before taking any trades
Price is kind of forming a Head and shoulder pattern between the red lines at the bottom of a long bearish run that began from the peak of Russia Ukraine war in early 2022. Price has completed forming left shoulder and head, not its in the right shoulder. There are two possibilities when price reached the red resistance line. Break the resistance or respect...
Real-time crude oil market analysis: Futures crude oil prices are rising slowly, with real-time quotes at 86.8. Let’s first look at the position breaking situation between the hourly upper rail of 87.2 and the hourly lower rail of 85.8. If the position breaks upward, pay attention to the pressure range formed by the 4-hour Bollinger Band upper rail of 87.5 and...