Crude oil price is rising and it could climb further higher toward the $85 resistance. Important Takeaways for Oil Prices Analysis Today · Crude oil prices are also moving higher above the $82.00 resistance zone. · There is a connecting bullish trend line forming with support near $82.80 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis...
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...
Crude oil price is also declining and showing bearish signs below $80.00. Important Takeaways for Oil Prices Analysis Today · Crude oil prices are also moving lower below the $80.00 resistance zone. · There is a key bearish trend line forming with resistance near $80.00 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly...
Crude oil price is rising and it could climb further higher toward $85. Important Takeaways for Oil Prices Analysis Today Crude oil prices are moving higher above the $76.75 resistance zone. There was a break above a key contracting triangle with resistance near $71.00 on the daily chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Short/ Sell As a professional trader, I would like to highlight the key resistance levels for WTI crude oil. The primary resistance areas are located at $80.00, within the daily supply zone, and at $77.30, represented by the 200-day moving average (MA). Conversely, crucial...
In this short analysis, we will examine the recent price movement of oil within the range of $78.5 to $79 with a focus on the potential for a price reversal. We will explore key technical indicators, market sentiment, and other factors that suggest a possible shift in the oil's direction. Price Movement Overview: The oil market has seen a recent uptrend as the...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Long/ BUY In recent times, the market has witnessed a significant development: the emergence of a Daily Bullish Pin Bar on Friday. However, it is worth noting that this particular bullish pin bar displayed signs of failure in terms of price action. This prompts us to...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Long/ BUY - Price is on the way to retesting Daily/ 4H strong resistance at 66.55/664.41 again - Price expected to rise again to at least 76.7 at the top of the daily downtrend channel. - If price break the downtrend channel, it will rise to at least 83
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Long/ BUY In light of recent market developments, a noteworthy occurrence took place last Friday with the formation of a Daily Bullish Pin Bar. This event coincided with the release of significant news pertaining to a Russia Munity over the weekend. Both fundamental and...
Crude oil price is rising as the bulls aim for a move above the $72.20 resistance. Important Takeaways for Oil Prices Analysis Today · Crude oil prices are also moving higher above the $71.50 resistance zone. · There is a key bullish trend line forming with support near $70.50 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the...
USDWTI H4 We have United States EIA Crude Oil Stocks Change figures later on today at around 15:30 UK time. This should see a little movement in this commodity. Moving upside in line with previous analysis, just $1/b away from our previous high price. Interested to see if we can reject from this $77/b price, we have some attractive range targets if we can do so.
USDWTI H8 Rejections already started from this $73.50/b price. Possibly looking to set pending orders for that $73.50/b price, depending on how things are looking. The range has been filled and has held from resistance to support and support to resistance for almost 2.5 months now.
Preferred direction: BUY Comment: The long idea for oil has been working out very well and after completing the planned path earlier, the level of 77.39 opens for the buyer. A rather difficult obstacle for the buyer, because if not for it, then the price could rise above 78 from the current ones on the impulse. Therefore, in the near future, an approach to...
TVC:USOIL USOIL SELL 70.55 TOP 69 The economy is slowing down and oil need is also reducing. The resistance is at 70.6 and Very strong resistance at 71. So it can go down and long term perspective oil will go down until and unless OPEC makes the production cuts in the oil.
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...
USDWTI H8 Waiting patiently to see this support price of $67/b region to trigger. Solid range from this support price, up towards that resistance price of $73.50, healthy $6 range and 9-10% price fluctuation held since the start of May. Hopefully this continues to remain active and we can continue milking these zones and ranges.
wti crude oil or XTIUSD has formed a wedge pattern and we are watching for price to reach at our resistance level so we will be making a short trade so waiting for price action to form and we will be shorting this commodity there is another confluance for this short trade is 200 EMA resistance so we will be shorting
Price is increasing We can enter at green dotted line 74.33 Take profit= 80 SL=71