As the chart shows, the price of a barrel of US crude oil dropped below 72.10 per barrel yesterday for the first time since July 2023. Fundamentally, this happened against the backdrop of: → Statistics showing that US oil exports are increasing. Volume is approaching a record 6 million barrels per day, with flows to Europe and Asia showing steady growth. →...
Crude oil prices declined steadily below the $75.90 support and moved into a bearish zone. Important Takeaways for Oil Prices Analysis Today · Crude oil prices extended downsides below the $75 support zone. · A major bearish trend line is forming with resistance near $73.35 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the...
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Nov 9 Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD 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 Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
In our analysis of the price of WTI oil dated November 8, we wrote that the price could recover to the level of USD 80 per barrel. After the price failed to reach the round level of USD 80 by only 36 cents (the median line of the descending channel prevented this from happening) on November 14, the bears again seized the initiative. The result of their pressure...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD 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 Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD 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 Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
As the chart shows, the price of WTI oil has dropped below USD 77.50 – the last time prices were this high was in mid-July. The decline in oil prices was contributed to by: → first, easing concerns about the escalation of the military conflict in the Middle East and interruptions in the supply of oil produced in the region; → secondly, the data from Beijing....
Crude oil price struggled and declined below the $85.75 support. Important Takeaways for Oil Prices Analysis Today · Crude oil prices failed to clear the $89.50 region and started a fresh decline. · There is a connecting bearish trend line forming with resistance near $83.70 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the...
Continuation of the previous analysis. Hope you guys made good profit trading. Channel pattern Shortsetup target Target : 85 If you like the Idea, then do comment and like. Happy Trading
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD 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 Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
In our article “Oil Analysis: Finally, A Bearish Reversal?” on September 21, we drew attention to emerging signs that the initiative was shifting to the bears. This was noticeable in the changes in the dynamics of impulses and corrections, as well as in the analysis of the interaction between trading volumes and prices. Since then, the bulls were able to update...
Crude oil price is now correcting gains and trading below the $92.00 support. Important Takeaways for Oil Prices Analysis Today · Crude oil prices are now correcting lower below the $92.00 zone. · There was a break below a key bullish trend line with support near $92.50 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD 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 Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. USOIL is exactly moved According our Analysis as we predicted before. Now here it has Maximum chances we can price around 92 soon. Keep in touch we will update further soon.
Last week, the Russian Federation and Saudi Arabia confirmed plans to reduce production by the end of the year, which contributed to an increase in oil prices. At the beginning of this week, the WTI price stabilized in the range of 85.50 - 87.50. Will the upward trend continue, which will benefit oil producers? Bullish arguments: → The price is within the...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD 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 Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Yesterday, the price of WTI oil rose above USD 85.50 per barrel. This has not happened since November 2022. On August 24, we wrote that the price of oil could find support for growth from the lower border of the rising channel, as well as from the level of USD 78.50. Since then, the price of WTI oil has risen by more than 9%. Fundamentally this contributed to: →...