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USOUSD H4 | Rising into resistance?USOUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 74.377 Why we like it: There is an overlap resistance Stop Loss: 77.001 Why we like it: There is an overlap resistance Take Profit: 70.481 Why we like it: There is a pullback support that aligns with the 50% Fibonacci retracement level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
WTI Light Sweet Crude Oil, 7/11/23For Tuesday, 72.83 can contain selling into later week, above which the 77.41 formation is likely by the end of next week or sooner, able to contain weekly buying pressures when tested, possibly through the balance of July.   A daily settlement above 77.41 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon.   Downside Tuesday, closing below 72.83 signals 69.25 within several days, possibly allowing another test of 67.08 by the end of next week, able to contain selling on a weekly basis and above which 77.41 is attainable over the next 3 - 5 weeks.
NYMEX:CL1!
by SpecialeAnalysis
WTI Light Sweet Crude Oil, 7/10/23A two-sided framework continues through summer between 62.14 long-term support, and 81.97 long-term resistance, both regions able to contain seasonal activity.   Downside, a weekly settlement below 62.14 indicates 53.87 within several months, longer term Fibonacci support able to contain selling into later year.   Upside, a weekly settlement above 81.97 indicates 94.67 within several months, able to contain annual highs. - For Monday, 72.82 can contain selling into later week, above which the 77.34 formation is likely by the end of next week or sooner, able to contain weekly buying pressures when tested, possibly through the balance of July.   A daily settlement above 77.34 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out through the balance of the year and a significant upside continuation point into later year.   Downside Monday, closing below 72.82 signals 69.35 within several days, possibly another test of 67.08 by the end of next week, able to contain selling through next week and above which 77.34 is attainable over the next 3 - 5 weeks.
NYMEX:CL1!
by SpecialeAnalysis
USOUSD H4 | Approaching overhead resistance?USOUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 72.782 Why we like it: There is an overlap resistance that aligns with the 100.0% Fibonacci projection level Stop Loss: 74.377 Why we like it: There is an overlap resistance that aligns with the 127.2% Fibonacci projection level Take Profit: 70.113 Why we like it: There is an overlap support Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
Brent to stall at trend of lower highs?Brent - 24h expiry Daily signals are bearish. Trend line resistance is located at 76.60. 50 1day EMA is at 76.35. We look for a temporary move higher. Preferred trade is to sell into rallies. We look to Sell at 76.39 (stop at 77.39) Our profit targets will be 73.89 and 73.39 Resistance: 75.90 / 76.40 / 77.34 Support: 75.20 / 74.80 / 74.40 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:BCOUSDShort
by OANDA
us-oil 2nd July After a bearish first half of the week, we shifted up and into our current bullish narrative, and we have carried this bullishness over into the end of our week, so iam looking to catch the rest of our bullish move as we carry over into this week. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
TVC:USOIL
by PipSurfingSociety
WTI OIL approaching the MA50 (1d) againWTI Crude Oil is approaching the MA50 (1d) again, the 3rd time this month and fourth since May 24th. All tests have resulted in rejections and another one may confirm the emergence of a Channel Down. A closing above it though, targets the MA100 (1d). Trading Plan: 1. Sell near the MA50 (1d). 2. Buy if we close a candle above it. Targets: 1. 67.15 (previous Low). 2. 73.50 (the MA100 1d). Tips: 1. The RSI (1d) is trading inside a Rectangle. Its bottom is a buy opportunity and top is a sell. Use this in combination to the above. Please like, follow and comment!! Notes: Past trading plan:
TVC:USOILShort
by TradingBrokersView
7
WTI Light Sweet Crude Oil, 6/29/23For Thursday, the 67.08 level can contain weekly selling pressures, above which 72.77 is attainable by the end of next week, possibly yielding 77.17 by the end of July. Upside Thursday, 69.95 can contain session strength, while closing above 69.95 signals 72.77 within 2-3 days, where the market can top out into later next week and the point to settle above for yielding the more meaningful 77.17 within 3-5 more days. Downside Thursday, closing below 67.08 indicates 64.10 within 3-5 days, 62.14 longer-term support within 2-3 weeks, where the broader market can bottom out through summer activity
NYMEX:CL1!
by SpecialeAnalysis
USOIL H4 | Falling to overlap supportUSOIL is falling towards a key overlap support. Price could hit the buy entry at 67.315 and potentially reverse to bounce higher. Take profit is at 69.934 which is an overlap resistance. Stop loss is at 65.749 which is an overlap support that sits under with the 78.6% Fibonacci projection level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
FX:USOILLong
by FXCM
ukoil 1 hour chart distribution tp 65 usd / bbl🔸Today let's review the 1 hour chart for brent oil . Previously strong downtrend in progress entire 2023 so outlook remains bearish until we can daily close above 80 usd. 🔸OPEC production cuts have low impact on prices recently due to lower global demand. Technically, we are in a distribution pattern setup since May 2023 and expecting breakdown and new/fresh lows soon for Brent. 🔸Recommended strategy for crude oil traders: short-sell near market / short-sell rips and rallies, limited upside and final TP bears is 65 USD. once we get a valid breakdown of the structure expecting losses to accelerate in this market. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
TVC:UKOILShort
by ProjectSyndicate
18
USOILSPOT H4 | Running into resistance?USOILSPOT is rising towards an overlap resistance that aligns close to the 61.8% Fibonacci retracement level. Price could hit the sell entry at 70.942 and potentially reverse to drop lower. Take profit is at 68.194 which is an overlap support. Stop loss is at 73.357 which is an overlap resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
FX:USOILSPOTShort
by FXCM
WTI REMAINS STABLEOil prices remained stable on Monday amid volatile trading as investors weighed global demand concerns against political instability in Russia, which could worsen supply disruptions. Brent crude futures rose slightly to $73.88 a barrel, while U.S. WTI futures fell to $69.08 a barrel. The withdrawal of Russian mercenaries in averted clash raised questions about President Putin's grip on power and potential oil supply disruption. Russian turmoil presents a risk to supply shortages, coupled with Saudi Arabia's output cut, declining U.S. production, and the end of U.S. strategic reserve releases. Last week, both Brent and WTI prices dropped by 3.6% on worries of higher U.S. interest rates and China's underwhelming economic recovery. Both RSI and MACD remain indecisive regarding the future movement of the instrument. As a support level can be considered prices of 69.61 and 69.25 further down the line. As a pivot point may be considered the price of 69.83, from where the instrument might try to reach a target of 70.18 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BLACKBULL:WTI
by legacyFXofficial
WTI Light Sweet Crude Oil, 6/27/23For Tuesday, the 67.08 level can contain weekly selling pressures, above which 72.92 is attainable within the week, possibly yielding 77.00 within 2-3 weeks. Upside Tuesday, 70.67 can contain session strength, while closing above 70.67 signals 72.92 within 2-3 days, where the market can top out through the balance of the week and the point to settle above for yielding the more meaningful 77.00 within 3-5 more days. Downside Tuesday, closing below 67.08 indicates 64.67 within the week, 62.14 longer-term support within 1-2 weeks, where the broader market can bottom out through summer activity
NYMEX:CL1!
by SpecialeAnalysis
WTI Light Sweet Crude Oil, 6/26/23A two-sided framework continues through summer between 62.14 long-term support, and 82.21 long-term resistance, both regions able to contain seasonal activity.   Downside, a weekly settlement below 62.14 indicates 53.87 within several months, longer term Fibonacci support able to contain selling into later year.   Upside, a weekly settlement above 82.21 indicates 94.67 within several months, able to contain annual highs. - For Monday, the 67.08 level can contain weekly selling pressures, above which 72.87 attainable within the week, possibly yielding 76.91 within 2 - 3 weeks.   Upside Monday, 70.67 can contain session strength, while closing above 70.67 signals 72.87 within 2 - 3 days, where the market can top out through the balance of the week and the point to settle above for yielding the more meaningful 76.91 within 3 - 5 more days.   Downside Monday, closing below 67.08 indicates 64.67 within the week, 62.14 longer-term support within 1 - 2 weeks, where the broader market can bottom out through summer activity.
NYMEX:CL1!
by SpecialeAnalysis