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Crude oil shows an optimistic upward trend📈The situation of crude oil is relatively optimistic, showing an upward trend, mainly affected by geopolitics and supply-demand relationships. 💡Geopolitical factors: The United States has imposed sanctions on Russian oil companies, and the European Union's sanctions against Russia are also continuing. At the same time, the news that the United States intends to take military action against Venezuela has fermented, triggering market concerns about disruptions in crude oil supply and boosting oil prices. 💡Supply-demand factors: On the one hand, OPEC announced at a new round of meetings that it would continue to increase production by 137,000 barrels, but the scale of production increase is relatively small, and the production increase capacity of some oil-producing countries is limited, which alleviates the pressure of oversupply. On the other hand, as of October 17th, the EIA crude oil inventory data decreased by 960,000 barrels, the gasoline inventory decreased by 21.05 million barrels per day, and the distillate oil inventory decreased by 1.48 million barrels per day. The decrease in inventory has provided some support for oil prices. However, the weakness of the global economy has made the long-term demand outlook bleak, which has suppressed the increase in oil prices to a certain extent. 💡Technical analysis: From the daily line level, the daily K-line shows a trend of breaking below the previous low point and then recovering, and the weekly K-line forms a rising sun pattern, indicating that there is a possibility of continued rebound in prices in the short term. At the same time, the medium-term indicator MACD supports an upward trend, also indicating that the short-term trend is upward. 💎Trading Strategy: Buy 60 SL 61.5 TP 59 Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
CFI:WTILong
by Clarke_analysis
Oil jumps after new US sanctions on RussiaNew sanctions against Lukoil and Rosneft by the USA pushed oil up recently as traders worried that threatened secondary sanctions on banks working with these companies could disrupt supply to China, India and other importing countries. While this has done much to alleviate recent fears of significant oversupply, the effects in the medium term aren’t clear yet. $54.75-56 seems to be confirmed as an area of support on the weekly chart with 17-20 October having been the third unsuccessful test. The crossover of the slow stochastic in oversold and clear break above the 20 SMA might normally be strong buying signals but volume doesn’t clearly support the bounce yet. The 50 SMA from Bands which is price is currently testing looks like an important short-term dynamic resistance. Confirmation of more gains might come from a daily close clearly above $62. Beyond there, the 200 SMA just below $64 is likely to be a strong resistance from which a breakout would probably require a significant uptick in buying volume. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
FX:USOIL
by Michael_Stark_Exness
Oil - Expecting Bullish Continuation In The Short TermM15 - Strong bullish momentum. No opposite signs. Until the two Fibonacci support zones hold I expect the price to move higher further. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------
EIGHTCAP:USOUSDLong
by VladimirRibakov
Analysis of crude oil trends. Hope it is helpful to you. "Demand and Sentiment" With crude oil prices currently stabilizing at $61.50, instead of obsessing over "whether supply is excessive," it’s better to focus on three more direct signals supporting a long position. These signals lie in changes in demand and market sentiment, and they are actually more closely aligned with short-term price movements: 1. "Unexpected Recovery" on the Demand Side Previously, there were widespread concerns that "oil consumption would not pick up," but recent data has sent a reversal signal: Last week, the U.S. refinery utilization rate rose from 85% to 88% (the higher a refinery's operating rate, the more oil it consumes). Moreover, China has just rolled out a "stable growth plan for the petrochemical industry," which requires guaranteed supply of refined oil products in the fourth quarter—this directly drives up demand for crude oil purchases. More crucially, U.S. crude oil inventories unexpectedly decreased by 2.8 million barrels (compared to the original expectation of a 500,000-barrel increase). This is equivalent to "more oil being consumed than produced," and such a demand recovery will directly prop up oil prices. 2. Market Sentiment Shifting from "Bearish" to "Neutral, Then Bullish" Previously, when oil prices were below $60, 80% of traders were taking short positions (expecting prices to fall). But the situation has changed now: Over the past three days, the volume of funds flowing into long positions has increased by 30%, and even small and medium-sized traders have started following the trend to enter the market. A more obvious sign is that in the past, oil prices would be pushed down by a flood of sell orders once they rose to $59.8, but now there are plenty of buy orders to absorb pressure at $60.50. This shows that the market's view on oil prices has changed—it’s no longer the case that "traders sell as soon as prices rise." 3. Short-Term Funds "Piling In" to Support Prices The world’s largest crude oil ETF (equivalent to a fund where investors pool money to invest in crude oil) has seen a net inflow of $1.2 billion over the past three days—the largest single-week inflow since the start of this year. Additionally, some short-term funds on Wall Street are also quietly increasing their crude oil holdings. These funds are not entering the market for long-term investments; they are simply betting on a short-term rise in oil prices. Their buying activity will directly push oil prices upward, and at the very least, prevent a sharp short-term drop. Crude Oil Trading Strategy for Today usoil @buy61.00-61.50 tp:62-62.5 sl:59.5
TVC:USOILLong
by Ryan_Lewis1
Pullback in Oil a selling opportunity? Oil markets received a boost in recent trading following the announcement of US sanctions on major Russian Oil producers: Rosneft and Lukoil. Pushing price action above two key resistance levels at US$58.34 (6M) and US$59.46 (3M), WTI Oil is fast closing in on resistance from US$61.22 (1Y). It is worth considering that the recent upside move could simply be a pullback within a market that has been trending lower since the beginning of this year; therefore, sellers may make a show from US$61.22 if tested. Alternatively, a break higher opens the door to a larger area of resistance between US$64.82 and US$62.97 – a zone formed of 1M and 1W levels. Written by the FP Markets Research Team
TVC:USOILShort
by FP Markets
Crude oil trading strategy for today. Hope it is helpful to youWhy Is the $60.13 Level Suitable for a Long Position in Crude Oil?​ Currently, crude oil prices have stabilized above the $60 mark. Although there are still concerns about "excess supply" in the market, from the perspective of short-term opportunities, two key signals support our attempt to take a long position—we should not be constrained by the previous "weak market" mindset:​ 1. Escalating Risks of Geopolitical Conflicts​ Ukraine has stepped up attacks on Russia's oil facilities. Recently, it has knocked out two large Russian oil refineries, pushing Russia's oil refining volume to a two-year low. If key oil pipelines are affected in the future, or if the conflict between Israel and Lebanon in the Middle East expands to disrupt transportation in the Persian Gulf, the market will immediately worry about "insufficient oil supply," and oil prices are likely to surge rapidly. For reference, after Israel's air strike on Iranian facilities in June, oil prices soared by 6.9% in a single day—such sudden opportunities are worth seizing.​ 2. OPEC+ Lacks Momentum for Further Production Increases​ Although OPEC+ plans to increase production by 137,000 barrels per month from October to November, most oil-producing countries have no spare production capacity left. Back in May, the actual production increase only reached 45% of the planned amount. Recently, there have been reports that OPEC+ is discussing "suspending subsequent production increases" internally. If it clearly announces the suspension of production increases (or even resumes production cuts) at its meeting, the pressure from excess supply will be significantly relieved, and oil prices will gain stronger momentum to rise. Crude Oil Trading Strategy for Today usoil @ buy60.00-60.50 pt:61-61.50 sl:59
TVC:USOILLong
by Ryan_Lewis1
USOIL fluctuates higher💡The situation for USOIL today is relatively optimistic, showing a fluctuating and moderately strong trend. Here is the detailed analysis: 📈Price Trend: As of midday in the Asian session on October 22, WTI crude oil prices have edged higher in the short term, trading around $58.1, up from the previous day's closing price. WTI crude closed 1.14% higher at $57.962 the previous day. ♦Influencing Factors: Supply Side: The U.S. Department of Energy announced a tender to purchase 1 million barrels of crude oil to replenish the Strategic Petroleum Reserve. This news boosted sentiment in the energy sector and provided support for oil prices. ♦Demand Side: API data showed a decline in U.S. inventory levels last week, which improved market sentiment toward demand and also supported higher oil prices. ♦Macroeconomy: Expectations of a Federal Reserve rate cut continue to rise, with a 98.9% probability of a 25-basis-point rate cut in October. Capital has been flowing back into risk assets, providing some impetus to crude oil prices. ♦Geopolitics: Europe and Ukraine have drafted a 12-point ceasefire plan. Expectations of eased geopolitical tensions temporarily weakened safe-haven demand, indirectly supporting a stronger U.S. dollar and thus exerting some pressure on oil prices. However, factors such as the U.S. oil purchase news and the drop in API crude inventories have provided more significant support for oil prices. ♦Technical Analysis: Short-term moving averages show signs of flattening, indicating that the crude oil price trend may be stabilizing. Oil prices are inclined to fluctuate with moderate strength in the short term today. The short-term resistance level above is around 59.0-60.0, while the short-term support level below is around 56.0-55.0. 💎Trading Strategy: Sell 58.00 SL 58.60 TP 57.00 Buy 57.5 SL 56.8 TP 58.5 Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
CFI:WTILong
by Clarke_analysis
US OIL SUPPORT, RESISTANCE & TRENDLINE ANALYSISKindly check my previous levels "Perfect" Long position captured. Go "SHORT" if it breaks 57.93 with target as 57.59 and breaking that will lead to 57.40 and further that will lead to 56.92 and the final breakout will lead to 56.42. The 58.37 mark is acting as a strong resistance since quiet long. Go "LONG" if it breaks 58.27 which shall lead to 58.61 and breaking that will lead to 58.95 and 59.11 and if it breaks this as well then might be a possibility of a good upside move till 60.09
TVC:USOIL
by TRaDe_Or_B_TRaDeD
Crude oil trading strategy for today.,Hope it is helpful to yoFactors That May Drive Up Crude Oil Prices (Bullish Logic)​ 1.Breakthrough in trade negotiations: If China and the United States reach a consensus at the summit to ease trade frictions, the global cargo transportation and economic outlook will improve, which may increase the demand for crude oil.​ 1.Unexpected geopolitical tensions: Although the Gaza conflict has ended, the situation between Russia and Ukraine remains unresolved. If further unrest breaks out in the Middle East or Eastern Europe, it may disrupt crude oil transportation. The market will worry about a shortage of oil supply, leading to a rise in oil prices.​ 1.Demand for technical rebound: Oil prices have dropped significantly from their previous highs, so a "short - term oversold rebound" may occur in the near future. Just like a ball bouncing back up after hitting the ground, some funds will take the opportunity to buy (and push up oil prices). Crude Oil Trading Strategy for Today usoil @buy57.50-58.00 pt:58.50-59 sl:57
TVC:USOILLong
by Ryan_Lewis1
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
USOIL: Buy setups during higher-timeframe correctionOIL PRICE WEEKLY OUTLOOK (Week of Oct 20-24, 2025) Key Drivers & Risks Updates in Supply, Demand, and Geopolitical News EIA (week ending Oct 10): Crude inventories +3.5 million bbl; distillates −4.5 million bbl. IEA OMR (Oct 2025): Upgraded global supply forecast: +3.0 mb/d in 2025 and +2.4 mb/d in 2026, while demand grows only ~0.7 mb/d per year ⇒ signaling a large surplus risk and downward pressure on prices. OPEC (Oct 2025): Maintains demand growth outlook of +1.3 mb/d for 2025, but acknowledges a smaller deficit in 2026 as OPEC+ output rises; September production increased by ~630 kb/d. Maritime risk in the Red Sea / Gulf of Aden: Over the weekend, a gas carrier reportedly caught fire following a possible attack off Yemen’s coast, leading to higher shipping risk premiums, though no major disruption to trade flows has been reported yet. Watchlist for the Week Ahead EIA Weekly Report (Oct 22): Focus on crude and distillate inventories, and any signs of policy or flow adjustments. Maritime security updates in the Red Sea / Gulf of Aden / Strait of Hormuz — monitor frequency and severity of incidents. China data: imports, refinery runs, and inventories — potential signals of stockpiling at lower price levels. Any notable demand-side surprises (if any emerge). Overall View Oil prices are expected to gradually decline within a relatively narrow range of $70–$50 through mid-2026. Short-term rebounds may occur due to low price levels and heightened transport risk headlines. China’s potential restocking activity could provide limited demand-side support. * Trend: assessed using at least three trend indicators, with market structure as the primary guide. ** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals. *** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion. **** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it. George Vann @ ZuperView
TVC:USOILLong
by ZuperView
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