✅CRUDE OIL will soon retest a key support level of 76.74 So I think that the price will make a rebound And go up to retest the supply level above at 78.00 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
In my prev. ideas shared the weakened chart of #usoil #crudeoil and this weak structure continues. Correction is necessary in mid term. Not financial advice.
So far, our USOIL signal continues to maintain a 100% winning rate, and we are preparing to make another layout today. The decline in international crude oil prices in the past two days has been mainly affected by sluggish demand. Although the peak summer travel period has arrived, fuel demand has not increased significantly. It is reported that the OPEC+ meeting...
Equity Markets Navigate Macro Scenarios Amid Interest Rate and Stagflation Concerns Equity markets navigate various macroeconomic scenarios as investors weigh the risks of prolonged high interest rates and potential stagflation. HSBC suggests that greater clarity from the Federal Reserve, even if leaning more hawkish, could ease market pressures. Strategists...
So far, all of our USOIL strategies have reached the target price, with a winning rate of 100%. Yesterday, crude oil fell to the support level of $79. We did not hesitate to buy it directly. After hitting the target price of $80, crude oil began to fall and currently fell to around 77.7. From the historical trend, we can see that the oil price has started to...
So this is the forecast for Crude pre 1030est news. I'm favouring some BSL to be taken if the 1hr FVG gets disrespected. With 1hr fvg above and the BSL that is pointed out with the arrows. If we show rejection from the 1hfvg we are currently near then PDL will be the target. With news there is no certainty. Overall I am HTF bearish however a sweep on BSL could...
Crude oil prices are struggling as investors weigh recent hawkish comments from the Federal Reserve despite cooling U.S. consumer inflation data last week. Fed Vice Chairman Michael Barr said on Monday that the Fed is in a good position to keep policy steady and focus on the economy. Cleveland Fed President Loretta Mester said she no longer believes three rate...
The right range of purchases with a risk to the right reward! Stabilization stop below 76,800
Crude oil started to fall from the daily high of 88 in a double top pattern, and now it has successfully broken through the key watershed of 81, and the lowest drop to around 77 has eased the decline. It has not been able to break through the 77 mark recently, indicating that there is a lot of buying support, but the trend is still bearish. As long as it does...
Oil prices have now entered a buying range. People who were long oil started buying. The target is above 78.3.
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
WTI Crude Oil is neutral on its 4H technical outlook (RSI = 44.657, MACD = -0.100, ADX = 42.834) as it has been trading sideways since the start of the month. Nonetheless, it got rejected yesterday at the top of the Channel Down and the 4H MA100, was where it got rejected last time on April 26th. We are short, aiming a the 1.5 Fibonacci extension (TP = 73.20). ...
Crude oil technical analysis Daily resistance is 79-81, support below is 76.8-75 Four-hour resistance is 79-80, and support below is 78.3-76.8 Crude oil operation advice: Crude oil still fluctuated widely yesterday, with the lowest backtest of 78.2 starting to stabilize, and the highest hitting 79.8. Then it fell sideways, and after reaching near the previous...
We are in favor of buying the DAX stock index. We have set specific targets
Due to serious geopolitical scenario happening in the middle east usoil has a potential tendency to go long. the Israel strike over Rafa and death of iranian president has created a serious tension in the middle east zone which can be affecting the price of black gold the oil. Bullish targets: 79.60 79.80 ...
In the past hours, OIL (WTI) experienced a sharp rise driven by news of Iran's president's death, which significantly impacted market sentiment. This surge allowed OIL to break above the bearish channel and catch the liquidity over the resistance zone, as illustrated on the chart. However, despite this upward spike, the price action suggests that OIL may continue...
I Have in Mind that we will be BEARISH bias mostly this week as we have Tapped into the Premium Daily FVG yesterday and rejected lower. My two targets shown in the forecast are the arrows. Daily PDL Weekly SSL Now it is important to realise that the market is moving in London and a straight sell into 0830 or 0930est wouldn't be the best move. Waiting for a...
WTI Oil (USOIL) made yesterday a strong rejection on the 1D MA200 (orange trend-line), which has been essentially the Resistance since the price broke below it on May 01. Having this level as a Resistance for 3 weeks makes it the strongest sell entry candidate, considering also the fact that this is the top of the 1-month Channel Down, thus a new Lower High. As...