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Energy Commodities

USOIL: Heavy trading plan is comingOPEC's production cut plan is about to be implemented, oil prices are about to rise sharply again, and geopolitical uncertainty has once again accelerated the growth of oil prices. Technical support still exists. 72.4-72 is a reasonable trading range. As a short-term retracement point, this position has a strong support strength. The next round of USOIL is expected to exceed 73, or even reach 75. Based on the above, the following operation suggestions are given for reference: USOIL: BUY 72.4 BUY 72 TP 73.12 TP 73.68 TP 74.48 SL 71.7
TVC:USOILLong
by Confident_Step
WTI Oil H1 | Falling to 61.8% Fibonacci pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 72.29 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 71.55 which is a level that lies underneath a swing-low support. Take profit is at 73.34 which is a swing-high resistance. 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. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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. Stratos Trading 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 Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. 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.
FX:USOILLong
by FXCM
WTI Prices Recover Above $72WTI crude oil has rebounded to the $72.50 zone over the past four trading sessions, primarily after a recent drone attack by Ukrainian forces that damaged a key pipeline in southern Russia. The estimated damage could reduce oil exports from this region by up to 30% for at least two months. This new unexpected supply disruption has supported short-term demand for crude oil. Additionally, ongoing trade war concerns have boosted demand for crude as an inflation hedge, reinforcing short-term bullish sentiment. The Range Remains Stable For now, WTI continues to trade within a well-defined range between: $78 resistance (upper boundary) $66 support (lower boundary) Currently, the price is hovering near the middle of this neutral range, showing no clear directional trend. As long as price movements remain within this area, a clear breakout may take time to develop. Neutrality Prevails: RSI Indicator: The RSI line maintains an upward slope, but price action remains neutral around the 50 level, the indicator’s equilibrium point. This suggests a balance between buyers and sellers over the past 14 periods. TRIX Indicator: The TRIX line is currently reaching the 0 neutral level, reinforcing that the exponential moving average momentum remains neutral. Both indicators confirm that the market remains in a consolidation phase, requiring stronger movements to establish a clearer trend. Key Levels to Watch: $78 – Major Resistance: Upper boundary of the current range. A breakout to this level could revive bullish momentum, similar to the buying pressure seen in early December. $66 – Key Support: Lower boundary of the sideways channel. A drop near this level could strengthen bearish sentiment, reinforcing the downward trend observed in January. $72 – Current Resistance & Critical Level : Midpoint of the neutral range that aligns with 50% Fibonacci retracement along with 50 & 100-period simple moving averages. This strengthens its importance as a key level. If price continues oscillating around this zone, the sideways range could persist in the coming sessions. By Julian Pineda, CFA – Market Analyst
FOREXCOM:USOIL
by FOREXcom
USOIL (WTI) - New uptrend? Based on the technical analysis of West Texas Oil (WTI) on the 4-hour timeframe, we're monitoring a potential bullish setup. If the price successfully breaks above the upper blue box resistance zone around 74.000, we'll maintain patience and wait for a healthy retracement. Once we observe clear confirmation signals during this pullback, such as bullish candlestick patterns or strong momentum indicators, we can look to enter long positions. The anticipated target would be the previous resistance level marked by the red horizontal line at approximately 80.800.
OANDA:WTICOUSDLong
by financialflagship
WTI OIL potential rejection leading to the Channel's bottom.WTI Oil (USOIL) has been trading within a Channel Up pattern on the 1D time-frame with the price on a Bearish Leg since its January 15 Higher High. The price is right now being rejected on its 1D MA50 (blue trend-line) and based on the last two main bearish sequences since July 2024, a 1D MA200 (orange trend-line) max rejection is quite possible here to continue the Bearish Leg. Our Target is the bottom of the Channel Up at $69. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot
WTI - Will oil return to the upward trajectory?!WTI oil is located between EMA200 and EMA50 on the 4-hour timeframe and is moving in its medium-term descending channel. In case of a downward correction towards the support area, the next opportunity to buy oil with a reward at a reasonable risk will be provided to us. A valid break of the drawn downtrend line will pave the way for oil to reach the drawn areas. Goldman Sachs has stated that even if hostilities in Ukraine cease and sanctions are eased, Russia’s oil exports are unlikely to see a significant increase. The bank believes that Russia’s crude oil production will remain capped at 9 million barrels per day, not primarily due to sanctions, but rather because of the country’s commitments under the OPEC+ agreement. OPEC+, which is responsible for nearly half of the world’s oil production, has decided to delay its planned production increase, which was originally scheduled between April and July. Meanwhile, Trump has announced that additional negotiations with Russia are set to take place in an effort to bring an end to the war in Ukraine—an event that could impact the outlook of global energy markets. Russia remains one of the key oil suppliers worldwide and plays a significant role in price fluctuations. Goldman Sachs predicts that the price of Brent crude will rise to $79 per barrel by the end of this month, while it is currently trading at around $76 per barrel. Ukrainian President Volodymyr Zelensky stated that the United States has, in some ways, helped Vladimir Putin break out of his isolation. He emphasized that Trump’s team must gain a better understanding of Ukraine’s actual situation and made it clear that he has no intention of “selling” his country. Zelensky also highlighted the strength and resilience of the Ukrainian military and added that Trump’s envoy should ask ordinary Ukrainians how they perceive him following his recent statements. Meanwhile, Vladimir Putin announced that the rapid reconstruction of the Caspian Pipeline is not feasible. He explained that Western-made equipment used in the Caspian Pipeline Consortium has sustained severe damage due to recent attacks. Putin emphasized that the restoration of this pipeline would not be completed swiftly, as critical components rely on Western technology and have been significantly impaired. The pipeline, which transports Kazakh oil to global markets, has experienced a 30-40% reduction in oil flow following a drone attack on one of its pumping stations in southern Russia. This reduction equates to approximately 380,000 barrels per day (bpd). This development was not entirely unexpected, as Russian Deputy Prime Minister Alexander Novak had previously stated that repairs to the pipeline could take several months.
TVC:USOILLong
by Ali_PSND
1
Gas Prices Catch Fire: 25-Month High Reached Amid Winter's FuryNatural gas futures have reached a 25-month high, marking a significant price increase. This surge is attributed to two primary factors: 1. Cold Weather: Unusually cold temperatures in key regions have increased demand for natural gas, as it is a primary source of heating. 2. Supply Disruptions: Issues in natural gas production or distribution have tightened supply, further driving up prices. ◉ Technical Observations ● After breaking out of the Inverted Head & Shoulders pattern, the price soared to $4.350. ● Subsequently, the price faced a significant pullback to around the $3.30 mark. ● However, the price rebounded from this point and is now at a 25-month high, with expectations for continued growth.
OANDA:NATGASUSDLong
by NaranjCapital
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed higher within its range, finding support at the 5-day moving average. While the daily buy signal remains intact, the market showed some corrective movement following yesterday’s doji candle, with selling pressure continuing on the lower time frames. As the index approaches previous highs, profit-taking is occurring, leading to a temporary consolidation phase. Market flows remain mixed, which could make it difficult for the Nasdaq to break through resistance decisively. However, as long as the index continues to hold the 5-day MA, the potential for a continued rally remains. On the 240-minute chart, the sell signal remains active, and the market is consolidating within a range. Since the MACD and signal line remain above the zero line, further upside attempts are likely. For now, a range-trading strategy—buying near support and selling near resistance—remains the most effective approach. Crude Oil Crude oil closed higher, breaking above the $72 level. On the daily chart, the MACD has not yet confirmed a bullish crossover, making it too early to fully confirm an uptrend. Although oil has formed a double-bottom pattern, market flows remain mixed, and since the MACD and signal line are converging near the zero level, a strong breakout or breakdown could occur soon. Given that the weekly MACD remains in an uptrend, buying dips remains the preferred strategy. On the 240-minute chart, the MACD and signal line have both moved above the zero line, confirming strong buying momentum. If oil breaks above the neckline at $73, a strong bullish move could follow. However, if the market fails to hold above $73, it could settle into a range-bound structure. For now, buying on dips remains the most favorable strategy, but traders should be cautious, as today’s crude oil inventory report could introduce significant volatility. Gold Gold failed to break above its previous high, closing lower. The market remains in a range-bound structure, with the MACD initially turning upward but now shifting back toward the signal line. If the MACD forms a bearish crossover, gold is likely to remain in a consolidation phase, and the next key question will be whether gold finds support at the 20-day moving average or moves even lower to test previous breakout levels. On the 240-minute chart, the MACD is pulling back toward the signal line, showing signs of weakening momentum. Additionally, the market appears to be forming a triple-top (head-and-shoulders) pattern, meaning that if the neckline breaks, a further decline could follow. Given these conditions, the best approach is to trade within the current range, favoring selling near highs while only considering long positions at key support levels. Stay disciplined, manage risk carefully, and have a successful trading day! 🚀 If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
WTI OIL - USOUSDShort-term outlook: Downward trend: Right now, there are signs that oil prices could drop, mainly due to weaker global demand and potential overproduction of oil. Citi predicts that without deeper OPEC+ production cuts, prices could fall to $60 per barrel by the end of 2025. Upward trend: However, OPEC+ might take action to reduce production if prices continue to fall, aiming to keep prices higher, as they’ve done in the past. Also, geopolitical factors could cause temporary price spikes. Bottom line: There's no strong signal that prices will rise consistently in the short term, but a rebound is possible if geopolitical events or OPEC+ decisions push the market up. However, the trend seems more likely to be downward for the next few weeks.
VANTAGE:USOUSD
by Generazione_X
Natural Gas Price Hits Highest Level Since January 2023Natural Gas Price Hits Highest Level Since January 2023 The XNG/USD chart today shows that natural gas prices have surpassed the December 2024 peak, breaking through the key psychological level of $4.000/MMBtu. Since early February, prices have surged by over 20%. Why Is Natural Gas Price Rising? According to The Wall Street Journal, the bullish sentiment is driven by: → Weather models confirming forecasts of a significant cold spell. → LNG exports remaining at record highs. Additionally, US gas exports may increase further after President Trump lifted the pause imposed by the Biden administration on new LNG export projects. Bloomberg reports that Trump’s administration is close to approving its first LNG export project. Technical Analysis of XNG/USD The price movements are forming an upward channel (marked in blue) on the chart: → Prices are currently near the upper boundary of this channel. → The RSI indicator is in the overbought zone. → The price briefly exceeded the $4.000/MMBtu psychological level. → Buyers may look to secure profits after the recent sharp gains. Given these factors, traders may anticipate a potential pullback, which—if it occurs—could bring natural gas prices back towards the channel’s median level. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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.
FXOPEN:XNGUSD
by FXOpen
1
USOIL is changing as I analyzedThrough the previous accurate analysis, USOIL is rising as I analyzed, and many traders have also reaped considerable profits. The current price of USOIL is US$72.3, and downward pressure still exists. Market expectations for Russia-Ukraine negotiations are heating up. If Russian oil sanctions are lifted, increased supply will put pressure on oil prices. Bank of America analyzed that the underlying price of Brent crude oil may fall by 5-10 US dollars per barrel. sell:72.4 Tp:71 Tp:70 Sl:73.6 TVC:USOIL FX:USOIL
TVC:USOILShort
by David_financial_analyst
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed flat with a doji candle, facing resistance at previous highs. As mentioned yesterday, there was a possibility of a pullback to the 5-day moving average, and while the market did not fully correct to that level, it did consolidate and pull the 5-day MA higher, suggesting a preparatory phase for further upside. On the daily chart, the MACD and signal line remain upward-facing, indicating that buying dips remains the preferred strategy. However, since trading volume remains relatively low and market flows appear mixed, it is advisable to take profits quickly when buying dips rather than holding for extended gains. On the 240-minute chart, a sell signal has appeared at the highs, meaning that a pullback toward the upper boundary of the previous range is possible. Given the doji candle on the daily chart, traders should be cautious about chasing longs in the pre-market session. If the MACD turns downward, selling pressure could intensify. That said, the MACD and signal line remain well above the zero line, suggesting that rebound attempts are likely. While the sell signal remains active, short positions should be managed with strict stop-loss levels. Tonight, the FOMC meeting minutes will be released, so be mindful of potential volatility during the regular session and after-hours trading. Crude Oil Crude oil closed higher, testing $72 as resistance while forming a potential double-bottom pattern. The MACD on the daily chart is approaching a key decision point, where it will either bullishly cross above the signal line or turn lower again, determining the next directional move. Since the signal line is near the zero level, the next buy or sell signal is likely to trigger a significant price move. Additionally, the ongoing Ukraine-Russia peace negotiations remain a key geopolitical risk factor, as any developments could lead to increased oil price volatility. From a technical perspective, oil remains within a range-bound structure, making buying dips the most effective approach. A break below $70 would be a bearish signal, while sustained movement above $72 could confirm a breakout. On the 240-minute chart, the MACD has moved above the zero line, lifting the signal line upward. While a short-term pullback is possible, as long as the MACD does not form a bearish crossover, buying pressure could strengthen further. Gold Gold closed higher, rebounding from previous levels. Yesterday’s price action confirmed that the MACD used the signal line as support and turned higher, reinforcing the bullish trend. Since the MACD has not yet crossed below the signal line, the daily chart remains in a buy-biased structure, meaning that until a confirmed bearish crossover occurs, the market should still be approached with a buy-on-dip mindset. However, if gold moves above its previous high but the MACD fails to exceed its previous peak, a bearish divergence could form, increasing the risk of a sharp correction. Traders should remain aware of this scenario and avoid chasing long positions at elevated levels. On the 240-minute chart, the MACD has crossed above the signal line near the zero level, generating a strong upward wave. However, the market is approaching key resistance zones, and if another rally occurs, a bearish divergence could develop, reinforcing the need for cautious positioning. Buying at major support levels remains the safest strategy, while avoiding breakout trades is advisable. With the FOMC meeting minutes set for release tonight, overnight positions in gold should be managed carefully due to the potential for increased volatility. Despite high market volatility, trends remain clear across different asset classes, making trading conditions manageable. Instead of attempting countertrend trades, focus on following the prevailing trend and capitalizing on structured setups.Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!Short
by Futureguard
USOIL READY TO EXPLODE?! DON’T MISS THIS CRUCIAL MOVE!📊 USOIL (Crude Oil) Analysis – February 17 What’s up, traders? Mr. Blue Ocean FX here with another deep dive into the markets, and today, we’re breaking down US Oil (Crude Oil) and the major opportunities setting up. Let’s get straight into it. 📉 Weekly Time Frame Insight • Last week’s candle closed with exhaustion, printing a low at 70.30 but losing volume compared to previous bearish moves. • Key Resistance: 71.55 area was broken, signaling potential bullish momentum. • Impulse Move: Price pushed as high as 79.44 (Jan 13th), breaking past the 77.90 October high before retesting that level. 📊 Daily Time Frame Setup • USOIL is currently ranging in a consolidation zone, and we are at the lower region of this range. • Buy Zone Identified: • Three bottom touches suggest a strong support level. • Higher low structure forming at 70.58, above the previous Feb 6th low of 70.34. • If bulls hold this zone, we could see a strong push to the upside. 🕒 4H Time Frame Execution Plan • Structure Confirmation: After a deep retracement, price failed to print a new low. • Liquidity Sweep: A wick below 70.16 may have stopped early buyers before price reclaimed. • Entry Plan: • Buy near 70.68 (entry level). • Stops below the recent low. • Targeting 72.04, then 73.32, with further upside potential to 74.21+ if consolidation breaks. • Channel Formation: USOIL is respecting an upward-sloping trend channel that could continue bouncing before a major breakout or breakdown. 🚀 What’s Next? If bulls maintain control, we could see an explosive breakout, targeting higher liquidity zones above 74.21. However, if price breaks down, we may see another leg lower before a final push up. 🔥 What do you think? Will oil rally higher or break down? Drop your thoughts in the comments! 📢 If you found this breakdown valuable: ✅ Boost this post ✅ Share it with a fellow trader ✅ Follow for more Let’s catch these moves! 🚀💰 #USOIL #CrudeOil #Trading #Forex #MarketBreakdown
FX:USOILSPOTLong
by BlueOceanFxAcademy
Does our LIS hold? Weekly CL Trade IdeaNYMEX:CL1! Macro Update: There are a lot of market moving events taking shape on the macro landscape. Peace negotiations between warring countries, reciprocal trade tariffs, and a US-Iran nuclear deal. We need not mention that any of these events may potentially turn market sentiment risk on or risk off. It all depends on how these all unfold. On the economic front, we have rate decisions from various central banks. Most central banks reiterate cautious cuts and turn hawkish amidst concerns about the rising inflation outlook. Central banks are also pointing towards rising uncertainty on the outlook itself as we mentioned above. It all depends on how events unfold. WTI Crude Oil Big Picture: Viewing a weekly full session WTI crude oil chart, we can see 3 weeks of one time framing up on the weekly chart starting Dec 30th, 2024. We then saw a rejection of uptrend and prices reverting to 2024 Value area. We can see four bearish weekly candlesticks from the week starting Jan 20th, 2025. Last week, the price action on the weekly timeframe formed an inverted hammer showing bearish pressure increasing on WTI crude oil. Our key LIS and key bull support show the confluence of multiple market generated levels has held up for the past 3 weeks. Traders take note that WTI crude oil futures contract has rolled over to April 2025 contract. Symbol: CLJ2025 In addition, DOE WTI inventory numbers will be released on Thursday 11am CT due to US President’s Day on Monday February 17th, 2025. Key Levels to Watch Key levels represent areas of interest and zones of active market participation. The more significant a key level, the closer we monitor it for potential reactions and trade setups in alignment with our trading plan. 2025 mcVPOC: 72.82 Feb 2025 mcVAH: 7 2.48 2025 mcVAL: 70.56 Yearly Open/ LIS: 70.52 Key Bull Support/ Confluence Zone: 70.52 - 70.12 Scenario 1: Range bound week ahead In this scenario we expect range bound price action contained within Feb 2025 micro composite Value Area. Scenario 2: Risk-off sentiment shift prices below key LIS In this scenario, we may see a breakdown of our key bull support and Line in Sand. Price moves and stays below yearly open price, providing a possible shift lower towards composite volume point of control (CVPOC). Micro CME contracts allow for more precise risk management during volatile market conditions. Additionally, you can participate in the CME and TradingView paper trading competition, giving you the opportunity to test your skills in The Leap without risking real money.
NYMEX:CL1!
by EdgeClear
USOIL is about to fall sharply, prepare to shortFrom a technical perspective, usoil currently has a large short-selling opportunity. The overall price of usoil has successfully stabilized at the 70 mark, and on this basis, it has ushered in a correction market with a volatile rebound. In the afternoon European session, oil prices rose slightly, pierced the 71.2 mark, and then closed in a volatile state. From the daily K-line pattern analysis, it finally closed with a volatile rebound cross K-line. Although the short-term price stabilized and rebounded after gaining support at the 70 mark, from a comprehensive consideration at the daily level, usoil is still in a weak volatile pattern, limited by the 10-day moving average and below the 5-day moving average. For the short-term trend, the 73 mark is the key dividing line for short weakness. At the daily level, as long as usoil fails to effectively break through and stabilize the 73 mark, any pullback can be regarded as an excellent short-selling opportunity. usoil short-selling trading plan: Sell: 71.55, take profit 70.5; stop loss 72.3 TVC:UKOIL TVC:USOIL
TVC:USOILShort
by Beck_Ledley