US-Oil will further push upside After Testing TrendlineHello Traders
In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET
today XTIUSD analysis 👆
🟢This Chart includes_ (XTIUSD market update)
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Crude Oil
CRUDE OIL Bullish Breakout! Buy!
Hello,Traders!
CRUDE OIL is making a bullish
Correction from the lows and
The price made a bullish
Breakout of the key horizontal
Level of 60.10$ then made a
Retest and a rebound so we
Are bullish biased and we will
Be expecting a further bullish
Continuation on Monday
Buy!
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WTI on high time frame , price reach 53$?
"Hello traders, focusing on WTI on high time frames, the price is approaching the $60.50 level, which holds significant importance. There is a high probability of price rejection at this level due to fundamental analysis.
When the price reaches the $60.50 zone, it is advisable to observe candle formations, momentum, and other indicators. This could present a favorable opportunity for a short position targeting the $53 level."
If you have any further questions or need additional assistance, feel free to let me know!
WTI Crude oil Holds Support Despite OPEC Production IncreaseWTI crude was on the ropes Monday morning following another surprise production increase from OPEC+. Yet despite the weak start to the week, oil prices held above the April low despite the bearish headlines.
Given we've already seen a -15% decline over the prior eight days and a bullish divergence has formed, I suspect some bullish mean reversion is due. Bulls could seek a move to the $60 area, near the April VPOC. Note that the December 2023 low might also provide some resistance along the way.
Matt Simpson, Market Analyst at City Index and Forex.com
Market Analysis: WTI Crude Oil TumblesMarket Analysis: WTI Crude Oil Tumbles
WTI Crude oil is down over 10% and remains at risk of more losses.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices extended downsides below the $60.00 support zone.
- A major bearish trend line is forming with resistance near $57.25 on the hourly chart of XTI/USD at FXOpen.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil at FXOpen, the price struggled to continue higher above $60.00 against the US Dollar. The price formed a short-term top and started a fresh decline below $58.00.
There was a steady decline below the $57.75 pivot level. The bears even pushed the price below $56.20 and the 50-hour simple moving average. Finally, the price tested the $55.00 zone. The recent swing low was formed near $55.01, and the price is now consolidating losses.
There was a minor move above the $55.50 level. On the upside, immediate resistance is near the $56.10 level and the 23.6% Fib retracement level of the downward move from the $59.49 swing high to the $55.01 low.
The next resistance is near the $57.25 level. There is also a major bearish trend line forming with resistance near $57.25. The trend line is near the 50% Fib retracement level of the downward move from the $59.49 swing high to the $55.01 low.
The main resistance is near a trend line at $57.75. A clear move above the $57.75 zone could send the price toward $59.45. The next key resistance is near $62.25. If the price climbs further higher, it could face resistance near $63.20. Any more gains might send the price toward the $65.00 level.
Immediate support is near the $55.00 level. The next major support on the WTI crude oil chart is near $53.00. If there is a downside break, the price might decline toward $52.00. Any more losses may perhaps open the doors for a move toward the $50.00 support zone.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Oil on high time frame
"Regarding WTI oil, the price trend on high time frames is bearish, especially on the daily chart. After completing its pullback on the 4-hour chart, there are indications of further downside potential.
The market's volatility may be influenced by geopolitical tensions and political factors between Iran and the USA, as well as tariff issues. Despite these fluctuations, candle formations suggest the potential for prices to drop towards the $58 zone."
If you require more assistance or have any specific questions, feel free to ask!
Planning for the Next Trade in Crude OilNYMEX:CL1!
Key Levels – Higher Timeframe:
• 2025 High: 78.56
• Yearly Open (2025): 69.64
• 2025 mCVPOC: 71.83
• Yearly VWAP: 68.41
• AVWAP from Yearly Highs: 67.71
• 2025 mCVAL: 65.28
• March 2025 Low: 64.37
• 2024 Low: 59.91
April 2025 Key Levels:
• April mCVAL: 58.79
• April mCVPOC: 60.94
• April AVWAP from Lows: 61.29
• April AVWAP from Highs: 61.76
• April mCVAH: 63.73
Our previous trade idea played out as expected. With updated levels now in place, we aim to reassess the market context without falling into recency or confirmation bias. These biases often lead to an overly bearish outlook at market lows, especially amid ongoing headlines around trade war tensions and supply concerns. While such fundamentals are important, maintaining objectivity is key.
This leads us to the central question: Is all this bearish sentiment already priced in? If so, why are sellers still dominant?
From a broader perspective, the overall context for crude remains bearish. However, this does not imply an immediate continuation to lower prices.
Currently, price is trading below both the midpoint of 2025 and that of 2024. Additionally, the recent price swing failed at the March 2025 low—an important technical rejection. The 2024 low at 59.91 now serves as key structural support. We anticipate further consolidation within the April 2025 value range, specifically between mCVAH (63.73) and mCVAL (58.79).
We define the area between April’s mCVPOC (60.94) and AVWAPs (61.29 / 61.76) as a "noise zone"—a region where price action is likely to be choppy and directionless. This zone is not favorable for directional trades.
Potential Trade Setup – Range-Bound Play
Example Trade 1: Long Crude Oil
• Entry: 59.91
• Stop: 59.20
• Target: 61.76
• Risk: 71 ticks
• Reward: 185 ticks
• Risk/Reward Ratio: 2.6R
Example Trade 2: Long Crude Oil
• Entry: 58.80
• Stop: 58.20
• Target: 61.76
• Risk: 60 ticks
• Reward: 296 ticks
• Risk/Reward Ratio: 4.93 R
Important Notes:
• These are example trade ideas and not financial advice or recommendations.
• Traders should conduct independent analysis and ensure proper risk management.
• Stop-loss orders are not guaranteed; slippage may occur, resulting in losses beyond predefined levels.
• AVWAP levels are accurate at the time of posting, they may vary as indicator further calculates prices with new volume and price information.
Glossary Index for all technical terms used:
ATH: All time high
VPOC: Volume Point of Control
VAL: Value Area Low
VAH: Value Area High
VP: Volume Profile
AVP: Anchored Volume Profile
C: Composite (prefix before VAL, VAH, VPOC, VP, AVP)
mC: micro-Composite (prefix before VAL, VAH, VPOC, VP, AVP)
AVWAP: Anchored Volume Weighted Average Price
Green Zones: Bull/ Buyers support zones
Red Zones: Bear/Seller resistance zones
CRUDE OIL Move Down Ahead! Sell!
Hello,Traders!
USOIL was making a
Bullish correction but
It is in the downtrend
Overall, so as the price
Is hovering beneath the
Horizontal resistance
Of 64.80$ from where
We will be expecting a
Local bearish correction
Sell!
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CRUDE OIL BEARISH WEDGE|SHORT|
✅CRUDE OIL has formed a
Bearish wedge pattern and
Then made a breakout and a
Pullback so we are locally
Bearish biased and we will
Be expecting a further
Bearish move down
SHORT🔥
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Looking to sell CLI'm looking to sell CL futures based on yesterdays' price action on daily chart which suggests that we might see the next leg down in line with Daily downtrend.
Looking to short pending one more move higher to take equal highs created in early London session and looking for breaker lower to structure logic stop loss and sufficient R:R.
Crude Oil Is Making Hard Work of Gains into ResistanceCride oil may have recovered back above $60, but it is making hard work of it. And with resistance looming and large specs increasing short bets, perhaps a pullback due. But does that mean a break below $60 is imminent?
Matt Simpson, Market Analyst at Forex.com and City Index
CRUDE OIL (WTI): Long From Support Explained
There is a high chance that WTI Crude Oil will go up
from the underlined key daily support.
As a confirmation, the price violated both a neckline of an inverted
head & shoulders pattern and a resistance line of a falling wedge
on an hourly time frame.
Goals: 63.780 / 64.275
❤️Please, support my work with like, thank you!❤️
Habibi, the Price is Right at 70-79$Habibi, the Price is Right
Post Content (with emojis version of title at the top):
🤝🛢️ Habibi, the Price is Right at 70–79$ 💸🎯
The Call That Never Happened (But Might Have)
📞 I was just updating my crude oil chart when suddenly… my phone rang.
No caller ID. I answered. And somehow— I was patched into a live call between:
🍊🦅 Trump and 🌴👑 the King of Saudi Arabia.
They mistook me for a translator.
So naturally, I stayed on the line.
Here’s how the oil market actually got settled...
🍊🦅 Trump: “Hello? Who is this? I have the best phone security. The Chinese can’t hack it. Nobody can.”
🌴👑 King: “Donald, ya’ani... it’s me!”
🍊🦅 Trump: “Me who? I know the most people, you sound like an immigrant, do you have a visa?”
🌴👑 King: “Your King of Saudi Arabia, habibi! Your favorite oil guy! I can afford all the Visas and Mastercards!”
🍊🦅 Trump: “My King! My favorite King, my guy, what a Tremendous timing. Oil prices are way too high. I need cheap oil to start my tariff wars again! ”
🌴👑 King: “Habibi, we said $88! We need to fund flying taxis and desert ski slopes. The Line isn’t building itself, ya’ani.”
🍊🦅 Trump: “But I gave you the PGA Tour! LIV Golf is huge ! You’re welcome.”
🌴👑 King: “ Mashallah , yes... but we paid this Tiger Woods $800 million just to say no. Wallah , that’s expensive rejection, Donald.”
🍊🦅 Trump: “That’s nothing my King. Peanuts. Melania’s token did better than that. Peanuts my King, peanuts for the camels. What about $76?”
🌴👑 King: “Cristiano Ronaldo costs $200M a year! And he wants an oasis with seven pools! And now we want Messi from Miami and Ronaldinho. Mashallah! ”
🍊🦅 Trump: “I need lower gas prices my King or I can’t revive the economy!
And you made Messi cry in the World Cup, my King — not my fault. You kicked his ass, not my fault..I need to check on his visa if he is legally in my great country (again) or i will send him to El Salvador and you can get him cheap from there”
🌴👑 King: “Inshallah. But we’re also building a ski slope in the desert. With real snow.
We need $88.88 oil Donald! 88$ minimum”
💙🧠 FXPROFESSOR: “Uh... sorry to interrupt... I don’t know how I got on this call... but I think I can help.
I understand charts.”
🍊🦅 Trump: “Who is that?!I know the voice, who is that?”
💙🧠 FXPROFESSOR: “I’m the FXPROFESSOR. And I might have a solution for you.
It’s called… The Compromise Zone. ”
🌴👑 King: “Ya’ani… go on.”
💙🧠 FXPROFESSOR: “$70–79. That’s where the technicals align.
Trump gets a few more months below that, help him with low oil for inflation until he can deal with Powell, then you two take it sideways in that range 70-79$ and you get stability for The Line, the AI and all the great things the Kingdom is working on.”
🍊🦅 Trump: “I know the Professor! I follow him on TradingView. Genius. Huge brain. One of the best brains. I bought Ethereum at 4400$ because of him and I'm down 60% but it's ok..peanuts, great guy the Professor, great guy”
🌴👑 King: “Inshallah. But we still have losses. Ya’ani... Donald, how do we cover them? And how did this guy get on our call habibi”
🍊🦅 Trump: “Easy King, it's easy! We launch a Great meme coin together, me and you, the greatest token in the world. We call it — $KINGOFARABIA —meme token, we Pump it on Solana. We'll pump it like you pump Oil. Gonna be Great, we will Cover the gap my King.”
🌴👑 King: “We tried blockchain before. Royal IT guy lost the wallet. Had to… correct the situation. Plus i also invested on Ethereum Donald, Solana is for the kids and the stuff”
🍊🦅 Trump: “Let's find a solution my King and i will do this for you: I’ll send Jerome Powell. A gift. Let him run your rates. Take him for free (please take him)”
🌴👑 King: “Jerome is good for my country, he is so cold he will make the temeratures drop 2 degrees, ok we take him but One more thing Donald… I want Taylor Swift at my nephew’s wedding? And please she comes dressed properly and act respectfully”
🍊🦅 Trump: “Done. Nobody says no to me. Except from the Feds, the Europeans, the Japanese, Canada and the penguins i taxed by accident. But that's ok, we make America Great again. I will send you the new Trump memorabilia collection, the best MAGA t-shirt for you my King. It's still made in China but it's soon to be made here at home, soon. ”
🌴👑 King: “Wait Donald! I just remembered.. Also... we want UFC in Riyadh, for ever! Big events. I want Dana White to agree and i want a podcast with Josh Rogans.”
🍊🦅 Trump: “I’ll talk to Joe Rogan, great guy Joe. I’ll call Dana. Maybe Khabib makes a comeback. I know fighters. Strong fighters. Big ratings. They love me. They love you too my King”
📉 And that’s how oil found balance between memes, monarchs, and macro.
📊 Chart Insights – USOIL 12h
❌ $93 = clear rejection
🟦 Compromise Zone: $70–79
🟢 $88 = Saudi’s macro target
🔻 $70 = Trump’s inflation floor
🔄 Consolidation expected unless OPEC or Powell shift the game
💬 What do you think? Are we just memeing the macro?
Or is this really how the oil market works in 2025?
One Love,
The FXPROFESSOR 💙🧠
Disclaimer: This is a fictional satire written for entertainment and educational purposes.
Any resemblance to real negotiations is purely… coincidental.
The chart is real, though — and so is the technical compromise.
Special Salam and much love to my friends in Saudi Arabia 🇸🇦 — the most wonderful people I’ve met in the world.The image is not of the new King but that's ok, great image.It's great! ❤️
Weekly Market Forecast WTI CRUDE OIL: Bearish! Wait For SellsThis forecast is for the week of April 21 - 25th.
Oil has made a classic bearish impulse down, then a corrective retracement. The natural expectation is another impulse down. The fact that price pulled back into a W -FVG allows for this bearish expectation.
Wait for a bearish break of market structure to confirm a valid sell setup... and trade accordingly. No confirmation, not trade!
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Crude Oil Holds at Key ResistanceFollowing a sharp rebound from the $55 low—mirroring broader market strength and gains in U.S. indices—oil is now hovering near a key resistance level at $64. Meanwhile, major U.S. indices remain below their respective resistance zones, awaiting confirmation of further uptrends.
A sustained break and hold above $64 could open the door for additional upside toward $66 and $70.
On the downside, if gains fail to hold and prices slip back below $64, support levels to watch are $60, $58, and $55.
A decisive break below $55 may trigger a steeper decline, potentially driving oil prices back toward the $49 per barrel region.
Written by Razan Hilal, CMT
Crude rallies on Trump China trade optimism, WTI test key levelCrude oil prices were already on the ascendency but have just hit fresh highs on the day after the latest Trump remarks:
WILL MAKE GOOD DEAL WITH CHINA
WE WILL HAVE A DEAL WITH CHINA
But...
*TRUMP SAYS HE'S IN 'NO RUSH' TO CLOSE DEALS
Anyway WTI has risen to session highs, now testing a major resistance area around $65 give or take $1. The area is shaded on the chart. If we go above this zone then bullish, else the bears remain in control.
By Fawad Razaqzada, market analyst with FOREX.com
Analysis of the BRENT chart with expectations for 2025-2026◽️Technically, all conditions for the completion of the second wave correction have been met, and now quotes can be safely reversed up. However, current events in the global economy do not yet provide grounds for confidently asserting this. Locally, the price may still be driven down to $50 per barrel and even slightly lower. One way or another, it is important to understand a simple thing: everything below $70 per barrel should be seen as an opportunity to buy oil and everything related to it cheaply.
◽️According to my estimates, there is probably still time for deliberation on purchases until the end of spring. But further, from the beginning of summer, I expect a sharp rise in prices amid the escalation in the Middle East. From above, in the $100-150 range, growth will likely be contained for some time, which will be interpreted as the formation of sub-waves (i)-(ii), where after sharp rise in the first sub-wave from approximately $50-60 to $120-130, a local correction will follow within the second sub-wave.
◽️The growth period may take 3-6 months, and the correction to it another 2-4 quarters, and then a breakout of the $120-150 resistance zone and further "to the moon" in the third waves is expected.
🙏 Thank you for your attention and 🚀 for the idea.
☘️ Good luck, take care!
📟 See you later.