The current rebound in the oil market is influenced by multiple positive factors: easing trade tensions, a weaker US dollar, declining fuel inventories, and geopolitical progress. However, the sustainability of this upward momentum still requires observation. Key variables for short-term oil price fluctuations include confirmation from official inventory data, developments in Middle East tensions, and further changes in US policies toward countries such as Iran and Russia.
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The short-term trend of crude oil has restarted its upward movement, with oil prices testing around 63. The moving average system is in a bullish arrangement, indicating that the objective short-term trend has returned to an upward trajectory. In the early trading session, oil prices fell within a narrow range, forming a secondary rhythm, and the intraday trend is expected to continue its slight upward momentum.
Overall, today’s trading strategy for crude oil is recommended to prioritize buying on pullbacks, supplemented by shorting on rebounds. Short-term resistance lies in the 64.5–65.0 range, while support is seen at 62.0–61.5.
USOIL
buy@62.00-62.50
tp:63.50-64.50
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.👇🏽👇🏽👇🏽
The real-time trading signals we provided have been profitable every day. If you don't know how to get started, you can refer to my strategies. 👉🏼👉🏼👉🏼
The short-term trend of crude oil has restarted its upward movement, with oil prices testing around 63. The moving average system is in a bullish arrangement, indicating that the objective short-term trend has returned to an upward trajectory. In the early trading session, oil prices fell within a narrow range, forming a secondary rhythm, and the intraday trend is expected to continue its slight upward momentum.
Overall, today’s trading strategy for crude oil is recommended to prioritize buying on pullbacks, supplemented by shorting on rebounds. Short-term resistance lies in the 64.5–65.0 range, while support is seen at 62.0–61.5.
USOIL
buy@62.00-62.50
tp:63.50-64.50
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.👇🏽👇🏽👇🏽
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We share at least 3 - 5 free signals every day, with a monthly return of 300% - 500%. If you want to get accurate signals every day.Click the link to enter my Telegram channel.
t.me/+yWjb0JJb8NA3YzFk
t.me/+yWjb0JJb8NA3YzFk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.