Oil prices rose in Asia on Thursday, with WTI oil prices hovering around 73.6. Disruptions in Libya's top oil fields heightened concerns that rising tensions in the Middle East could disrupt global oil supplies, and international crude oil prices climbed about 3%. The two crude oil benchmark prices closed higher for the first time in five days, with WTI crude oil...
Crude oil prices remained weak in Asian trading on Tuesday and are currently trading around 72.6. During the day, we will pay close attention to the US PMI to be released later on Tuesday. Later this week, the Federal Open Market Committee (FOMC) meeting minutes will be closely watched ahead of Friday's U.S. non-farm payrolls (NFP) report. The crude oil market...
Crude oil has reached a crucial support level, prompting buying activity. usoil buy@71.5-71.8 sl:70.8 tp:72.3-72.8 If your long-term trading account is still experiencing losses, do not miss out on the upcoming profit opportunities. I will continue to provide accurate signals. Feel free to share your current account situation, and I can devise a plan to help...
Crude oil is currently nearing its bottom, and it is anticipated to start rising to the range of $75-$60 per barrel in the coming month. If your long-term trading account is still facing losses, don't miss the upcoming profit opportunities. I will persistently provide accurate signals. Feel free to share your current account status if needed. I can create a plan...
Crude oil experienced a rapid surge this week, breaking through $76 per barrel only to quickly decline to $74. Market volatility has been significant, but I anticipate a renewed uptrend after testing the support at $73. If your orders are currently in a loss position, there is an opportunity for profit in the near future! If necessary, please provide me with your...
Hello everyone. i want share my idea about USOIL price long term analysis. We all remember USOIL price were pretty bullish couple month ago but after it touch to weekly resistance we saw pretty trend which still not over. Price came to strong weekly support where we see aggressive buyers which gave us some High Low, i see some trend change signals and make some...
After a decline following the reach of $75 per barrel, crude oil is currently maintaining a range-bound pattern. The trading range for this week is focused on $72.6-$75. Today, consider buying when oil reaches $72.6-$73. Today's Crude Oil Trading Plan: Buy USOIL @ $72.6-$73 Stop Loss: $71.8 Take Profit: $74-$75.5 I consistently provide signals for a month,...
Today crude oil sold according to the recommendation I gave in the morning, and then fell 200pips, But it should be noted that it did not fall below the previous low. Therefore, the market outlook does not rule out another breakthrough after sideways consolidation, hitting the 76 high point I talked about on Monday and Tuesday. But no matter what, on the 4H chart...
Angola may increase oil production after it withdraws from OPEC. However, good news about the U.S. economy and attacks on ships in the Red Sea caused hundreds of ships to change routes and increase delivery costs, causing oil prices to fall before the Christmas holiday weekend. Although oil prices rose about 3% this week, crude oil prices still posted their...
International oil prices rose. Originally affected by the increase in U.S. crude oil inventories, oil prices first rose and then fell. However, the risk of interruption of the Red Sea transportation channel still provided support for oil prices, helping to keep oil prices above the 21-day moving average. Yesterday, the market rose first and then fell as expected,...
The free signal given to you today is the USOIL trading strategy, because there is EIA data today, and the data is as expected, which is favorable to the bears. Because there has been no significant decline so far, we have only closed some orders, and there are still some holdings waiting for the market to go lower further to expand profits. The 3h chart of...
Yesterday's data on crude oil indicated bearish sentiment, exerting downward pressure on oil prices. Currently, the resistance zone for crude oil is between $74.5 and $75. Attempting to short crude oil today. USOIL Trading Plan: Sell USOIL @ 74.5-75 Stop Loss: 75.4 Take Profit: 73.8-73 Consistently providing signals for a month with an accuracy rate exceeding...
Crude oil (USOIL): Crude oil also showed the same picture as my analysis yesterday, falling first and then rising. Today's opening is at 74, with an amplitude of $3 in the morning. It's not promising, and the amplitude is smaller than gold! The daily chart has risen for five consecutive days. Visually, the downward trend has ended, and a new round of bullish trend...
Yesterday, the conflict in the Red Sea region of the US market escalated, and a cruise ship incident occurred, so gold and crude oil rose sharply. However, the biggest impact of this incident was on energy, and the impact on gold was limited, So, crude oil breaks through the technical suppression of the 4H mid-track and continues the upward trend. On the weekly...
This morning, I issued a buy signal for crude oil at 72-72.5, and it successfully reached the target level. The ongoing downtrend continues to present buying opportunities. I will consistently deliver accurate signals, so don't miss out. With a month-long track record of signal delivery, boasting an accuracy rate exceeding 95%, my market analysis is sufficiently...
Crude oil witnessed an increase on Monday, breaking through $73.5 before experiencing a subsequent decline. Despite significant market volatility, the likelihood of another upward movement remains higher. It is advisable to continue going long and follow the trend. USOIL: Buy @ 72-72.5 SL: 71.2 TP: 73.2-73.5 Signals have been consistently sent for a month with...
USOIL New forecast The rise in the price of oil stopped at the resistance of the descending channel that appears in the chart, to rebound downwards and settle below the 72.90 level, awaiting stability below the 72.19 level to resume the main downward trend, heading towards achieving negative targets starting at 71.00 and extending far to 69.15. From here, a...
TVC:USOIL TVC:DXY Hello Traders. Let's continue our analysis of USOIL. Before we predict next week, let's take a look at oil chart's trend along with the DXY index. The price continues to move in a downward trend. Due to the support area, we can expect a rise in oil price to the previous high level. (If weekly DXY doesn't consolidate above 103.285) ...