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Usoilprediction

Crude oil: high, short-term first look at the fall Judging from the current price action, crude oil bulls have encountered a slight resistance, indicating that the market may start to weaken. After experiencing a wave of unilateral gains, the crude oil market was challenged at the 85 level, which may be due to a certain degree of exhaustion in the market, which led to a slight correction. Despite market concerns about an economic slowdown, demand remains resilient, and the fundamentals of the crude oil market look much more optimistic than a month ago. At the same time, due to OPEC+ and Saudi production cuts, supply is decreasing, and short-term crude oil prices may hit 85 again. When the price encountered obstacles near the upper track and fell back, the price rose twice and failed to stand on the 85 line. There are signs of a short-term fall. The price fall is just a normal correction in the process of rising, and it does not mean that the direction is reversed. Watch the market The price retraces slightly, and there is a risk of continuing to go lower. In the short term, we will first see a wave of decline, and then continue to continue the upward trend. The price fell below the first-line support of the middle rail, and there is a possibility of further decline. In the short-term within the day, we need to pay attention to the support near 82.5 below. Once the price falls below this position, it is possible to step back on the first-line 81.8. In terms of short-term operation ideas, we should first take a wave of prices Stepping back, focus on the resistance in the 82.8-83 area above. Operating strategy: rebound in the 82.8-83 area and short, stop loss 83.4, target 81.8
FX:USOILLong
by Dylan-Jones
Oil Drops After Weak China - A Cautionary Call to Pause on Oil II am writing to you today with a sense of concern and urgency regarding recent developments in the oil market. As you may already know, oil prices have taken a significant hit following the release of weak economic data from China, a key player in the global oil market. The recent slump in China's economic growth and the uncertain property market have sent shockwaves through the oil industry. As a result, oil prices have experienced a slight decline, leaving many investors worried about the future trajectory of this crucial commodity. Given the current circumstances, we must take a step back and reassess our investment strategies in the oil market. While oil has historically been a lucrative investment avenue, the current volatility and uncertainty demand a more cautious approach. Therefore, I encourage you to pause any immediate oil investments and carefully evaluate the potential risks involved. It is crucial to consider the following factors before making any further decisions: 1. China's Economic Slowdown: China's economic growth has been slowing down, and this recent data only adds to the concerns. As the world's largest oil importer, any further deterioration in China's economy could profoundly impact oil demand, leading to a prolonged period of low oil prices. 2. Trade Tensions: The ongoing trade tensions between the United States and China have already caused disruptions in global trade patterns. Any escalation in these tensions could further dampen oil demand and negatively impact prices. In light of these factors, I strongly advise taking a cautious approach and closely monitoring the developments in the oil market. Diversifying your portfolio and exploring alternative investment opportunities less exposed to the risks associated with the current oil market conditions may be prudent. Remember, it is always better to prioritize capital preservation during uncertain times rather than chasing short-term gains. By exercising caution and patience, we can better navigate the unpredictable nature of the market and protect our investments in the long run. Please get in touch with me with any further questions or concerns in the comment section below. Together, we can navigate this challenging period and make informed decisions that align with our investment goals.
TVC:USOIL
by bryandowningqln
USOIL:summary Oil adjusted yesterday, but in the end it did not break the support point and returned to the upward channel again. My forecast for next week is still mainly volatility, focusing on resistance and support points. Reach the support point to buy up, reach the resistance point to sell down, next week I will remind everyone again how to trade according to the market trend. If you don't know how to trade yet, join me and learn how to trade, or let me guide you in trading.
FX:USOIL
by UnknownUnicorn60055110
4
Are Oil Bulls Too Confident? Proceed with CautionIntroduction: The oil market has recently witnessed a remarkable recovery, leading many traders to adopt a bullish stance. However, exercising caution and carefully evaluating the current situation is crucial before making any hasty investment decisions. While Russia and Saudi Arabia have committed to significant production cuts, various factors could potentially impact the oil market's stability. This article aims to shed light on the potential risks and rewards of keeping oil in your portfolio, urging traders to approach this situation cautiously. 1. The OPEC+ Production Cuts 2. Geopolitical Uncertainties 3. Global Economic Recovery 4. Transition to Renewable Energy Call-to-Action: Considering the potential risks and rewards, traders must approach the oil market cautiously. While Russia and Saudi Arabia's commitment to production cuts provide some stability, the market remains vulnerable to various factors. Therefore, it is recommended to maintain a diversified portfolio that includes oil investments but also incorporates other sectors that may benefit from the global economic recovery and renewable energy transition. By staying well-informed, monitoring geopolitical developments, and assessing the pace of economic recovery, traders can make informed decisions about their oil investments. Remember, a cautious approach will help mitigate potential risks and maximize opportunities in this ever-changing market. In conclusion, traders must exercise caution when considering oil investments. While production cuts and other positive factors provide stability, the market remains susceptible to geopolitical uncertainties, global economic recovery, and the long-term shift toward renewable energy. By maintaining a balanced and diversified portfolio, traders can navigate these challenges and position themselves strategically for potential gains. Keep oil in your portfolio, but do so cautiously, keeping a watchful eye on market dynamics, emerging trends, and geopolitical developments.
TVC:USOIL
by bryandowningqln
Crude Oil Analysis Today​Crude oil tested high yesterday and fell back. First, the inertia rushed above 85.3 and was under pressure. The European and American markets oscillated and backtested and corrected. Finally, the daily line harvested the Xiaoyin K line. After the daily yang line turned to the small yin K line for correction, the current space is enough to form the top, which is only regarded as a partial callback correction. The upward trend is slowing down, and after the correction, it will regain its momentum to rise again, but it will become volatile in the short term, changing from a strong rise to a slow rise in shock. Today's weekly line ends. Pay attention to the rhythm of the short-term, it should be to step back first, then start to stabilize and slowly recover the lost ground. The 4-hour chart is in a partial correction in the rising wave, and the indicators in the attached picture are in the overbought area to be digested. At present, the whole is running above the upward trend line, and today's short-term may step back to confirm the support of the upward trend line. The European and American markets started to rebound again. The support points are mainly concentrated at 82-81.5. There is still a certain distance at present, and of course strong corrections may not reach it. At present, it is necessary to wait for the magnitude of the correction. The main idea is to maintain the low and many positions after the backtest, but the long position should be rearranged according to the intraday pattern. After all, there has been a partial correction in the small cycle. Coupled with the closing of the week, the short-term may enter a volatile ending. In terms of operation, it is subject to the market, and the tentative thinking is to wait for the step back and then go long. ​ ​​​​Crude oil operation strategy: SELL84.1-84.5 short, stop loss 60pips, target below 83. Crude oil operation strategy: step back to more than 81.6-82, stop loss 60pips, target above 83.5. The current crude oil spread is large, stop loss friends and the entry position can be set to 60pips
TVC:USOILLong
by ActuaryJ
Is the Oil Trend Cooling Off? IEA Report LoomsIntroduction: As the global energy landscape evolves, the oil market has long been a focal point for traders seeking lucrative investment opportunities. However, recent developments and the impending release of the International Energy Agency's (IEA) report have raised concerns about the future of oil investments. This article explores the potential cooling off of the oil trend and advocates a cautious approach to oil investing. 1. The Changing Dynamics of Energy 2. The Impending IEA Report 3. Volatility and Uncertainty 4. Diversification and Alternative Investments Considering the current uncertainties surrounding the oil market and the imminent release of the IEA report, we urge traders to pause and re-evaluate their oil investments. It is essential to carefully assess the potential risks and align investment strategies with the changing dynamics of the energy sector. Exploring alternative investment opportunities that align with sustainability and renewable energy can offer long-term growth potential while reducing exposure to oil market volatility. Conclusion: The oil trend may be cooling off as the world transitions towards cleaner energy sources. With the IEA report looming, caution is advised when it comes to oil investments. By diversifying portfolios and exploring alternative energy sectors, traders can position themselves to adapt to the evolving energy landscape and potentially capitalize on emerging investment opportunities. Now is the time to re-evaluate investment strategies and embrace a cautious approach toward oil investing.
TVC:USOIL
by bryandowningqln
USOIL:10/8 crude oil analysis,uptrend unchangedAt the beginning of the Asian market on August 10 (Thursday), U.S. crude oil was around $84.4 per barrel; U.S. oil hit a new high in nearly four months on Wednesday, and Brent crude oil hit the highest level since January. Production cuts by Saudi Arabia and Russia outweighed concerns about slowing demand in Asia. U.S. crude oil inventories climbed last week, while gasoline and distillate stockpiles fell as oil exports fell sharply, the U.S. Energy Information Administration (EIA) said on Wednesday. Crude inventories jumped 5.9 million barrels last week to 445.6 million barrels, with inventories at the Cushing, Oklahoma, delivery hub rising by 159,000 barrels in the week ended Aug. 4. Yesterday, the technical aspects of oil prices relied on the 82.9 mark as a whole and continued the trend of extremely strong bulls pulling up and breaking through the high. Breaking through the 84.8 first line quickly fell back to the 83 integer mark and then rebounded to a strong close above 84. The daily K-line reported a shock and broke the high school sun. Around -82.8, the intraday retracement relies on this position to continue to be bullish and then bullish. The upper target level continues to focus on breaking through the high. The recent bullish strong dividing line focuses on the 82.5 mark. Stepping back is an opportunity to do more. ​ Crude oil operation strategy: rebound to 85.6-85.9 empty, stop loss 60pips, target below 84.1. Crude oil operation strategy: Step back to more than 83.2-83.5, stop loss 60pips, target above 85.5. There is a large difference in the quotations of crude oil contracts, SL friends and the entry position can be set to 60pips
TVC:USOILLong
by ActuaryJ
Crude oil: today's trend Crude oil once again hit a new high point, and the strength was in a mess. Even though the price fell after a surge in the U.S. session, it eventually rose again. This is why I have not been doing short orders recently. Your entry point may not be ideal, but you can still exit with a profit. Although the announced increase in crude oil inventories, the sharp reduction in refined oil inventories has helped the bulls in oil prices. At present, there is no sign of crude oil turning around, so you need to be cautious when buying short orders at the top.
FX:USOILLong
by Dylan-Jones
Crude oil unilaterally rises, step back and go long today9/8​Daily level, rising unilaterally; oil prices have continued to rise since the end of June, and are currently encountering strong resistance near the April high of 83.51. They have risen and held for two consecutive trading days, and closed close to the "cross star" K line on Monday, further reflecting the upper resistance Stronger, the short-term faces greater callback pressure, and even the risk of peaking. After the MACD diverges from the high level, there is a dead cross trend. The KDJ dead cross signal continues. The initial support below is around the 10-day moving average 81.14, and then the support near the 80 integer mark , The strong support is near the 21-day moving average of 78.5988, and the support at the low point last week is also near this position. If this support is lost, it will increase the bearish signal in the market outlook. The initial resistance above is around the intraday high of 82.47. If it can break through this position, it will weaken the short-term bearish signal; if it can break through the resistance around 83.51 strongly, you need to beware of the short-term rapid pull up of the market after the short-term is stopped. For resistance, refer to the position near the low of 84.70 on November 10. On the whole, the short-term operation of crude oil today is recommended to step back on the low and buy, and rebound and short for caution. Crude oil operation strategy: Rebound to 83.2-83.5 short, stop loss 83.9, near TP81.8. Step back to 81-81.3 to do more, stop loss 80.5, near TP82.5.
TVC:USOIL
by ActuaryJ
USOIL:Trading strategy International oil prices have risen continuously, from 67 in June to the current 83, a full 22% increase in more than a month, which has also caused a significant increase in international energy costs.Domestic oil prices have been raised many times in a row. However, this year's high is around 83.5. In the past more than a year, it has failed to break through six consecutive upward surges. This time, it is difficult to say that it will rise directly.Therefore, after oil prices have reached a high level, the shock has begun to intensify, and it is obvious that the previous long funds have begun to retreat. Usoil Today's trade building: Usoil:sell84-84.3 TP:83.7-83.2 If you don't know how to trade yet, join me and learn how to trade, or let me guide you in trading.
FX:USOILShort
by UnknownUnicorn60055110
1
USOIL:Trading strategy Oil failed to continue the previous long trend on Monday, and the market fell into a stage of consolidation. Yesterday was consistent with the trend I expected, but the rebound was not strong. Today, it has fallen below yesterday's 81.6 support, so it is now in the adjustment stage. The current support is 80.8. If it falls below 80.8 today and tomorrow, then it can be judged that the long-term upward trend has officially entered the adjustment stage. Usoil Today's trade building: Usoil:buy80.8-81.3 TP:81.8-82.3 If you don't know how to trade yet, join me and learn how to trade, or let me guide you in trading.
FX:USOILLong
by UnknownUnicorn60055110
6
Daily line level, unilateral rise; moving average long line, MACDaily line level, unilateral rise; moving average long line, MACD golden cross, KDJ high passivation, before falling below the 5-day moving average 81.76, there is still a chance for oil prices to rise further, focus on the resistance near the April high of 83.51, if it can top If this resistance is broken, it is expected to open up new upside space. For further resistance, refer to the position near the high point of 84.70 on November 10, and the resistance at the high point of November 16 is around 87.48. However, the resistance near 83.51 is strong, and the MACD has initially sent a top divergence signal. It is necessary to beware of the risk of oil price shocks and the possibility of shock adjustments. The lower 5-day moving average is supported around 81.76, and then the 10-day moving average is supported near 80.92, 80 The integer mark is also where the psychological support is. If this support is lost, it will increase the possibility of short-term peaking; last week’s low point support is around 78.68. For strong support, refer to the 21-day moving average around 78.19. If this support is lost, it will increase the bearish signal in the market outlook . ​ Crude oil operation strategy: Rebound to 83.2-83.5 short, TP82.5, TP81.8 Step back to 81.4-81.7 to do more, TP82.4, TP83.2
TVC:USOIL
by ActuaryJ
USOIL: Crude oil strategy for MondayCrude oil trend analysis Oil prices held firm on Friday and were on track for a sixth straight week of gains, as Saudi Arabia, the world's second-largest crude producer, extended output cuts and Russia, the world's third-largest crude producer, pledged to cut exports further. On Thursday, Saudi Arabia extended its voluntary oil production cut of 1 million barrels per day until the end of September, and the daily level of crude oil fluctuated at a high level; oil prices returned to above all moving averages on Thursday, and the MACD golden cross signal continued, weakening the short-term bearish signal. Beware of the possibility that oil prices will continue to fluctuate and rise. The initial resistance above is at this week's high point of 82.40. You can also refer to the position near the high point of 82.61 on January 23. For further resistance, refer to the position near the April high point of 83.51. If it can be broken further , it is expected to open up new upside space. As the high "swallowing bearish" signal has not been completely destroyed, the resistance around 83.51 is strong, but before breaking through the recent high of 82.40-83.51, we still need to beware of the possibility of oil price shocks and peaking. The initial support below refers to the 5-day moving average Around 81.39, the 10-day moving average support is currently around 80.45, the overnight low point support is around 78.68, and the 21-day moving average support is currently around 77.72. If this support is lost, the possibility of short-term peaking will increase. Crude oil operation strategy: SELL: 83.6-83.9 TP1: 83.2 TP2: 82.6 BUY: 81.7-82 TP1:82.5 TP2:83
FXOPEN:XTIUSDLong
by ActuaryJ
Crude Oil: Crude Oil Trading Strategies Through the analysis of the weekly chart of crude oil, we know that the last one continued to rise, and it has reached a certain degree of suppression near the previous high point, and the pressure of the important moving average above (83.30). It can be clearly seen from the figure that the funds that reached the bottom area in the early stage are still running in a strong area, and the support of the important moving average below is relatively strong. It has not been broken for several times in a row, and there are funds intervening at the bottom for many times, which has led to a continuous rebound in the past 6 weeks. The short-term bottom The support of 82.0 and 81.30 is relatively strong. In the short term, we will continue to operate at high altitudes and low multiples, focusing on doing long on dips. The specific suggestions are as follows: Crude oil 81.30 and 82.0 are long respectively, Crude oil 83.50 and 85.90 are shorted respectively Continue to update later, everyone can keep up
FX:USOILLong
by Dylan-Jones
Oil Holds Gains as Attacks Threaten Russia's Black Sea Exports!The world of oil trading is buzzing with opportunities, and I couldn't wait to share this with you. Brace yourselves because it's time to dive into the captivating world of long-term oil trading! As many of you may have heard, recent attacks have significantly threatened Russia's Black Sea exports. While this news may sound alarming to some, we traders know every obstacle presents an opportunity. And this opportunity is nothing short of extraordinary! Oil prices have been soaring, and the market is holding onto these gains, fueled by the uncertainty surrounding Russia's exports. Now, you might be wondering why this is such a big deal. Well, my friends, this is where long-term oil trading comes into play. Long-term oil trading allows you to capitalize on the current situation and secure your position for the future. By taking advantage of the volatility in the market, you can make strategic investments that will pay off in the long run. It's time to think big and act boldly! Imagine the thrill of making calculated moves, utilizing your expertise and market insights to predict future trends. With every trade, you can make substantial gains while riding the wave of uncertainty caused by geopolitical events. This is the moment to show your prowess and seize the opportunity! So, what are you waiting for? It's time to take action and embark on an exhilarating journey into long-term oil trading. Don't let this opportunity slip through your fingers. Join us in this thrilling adventure, and let's make the most of the current market conditions together! Get started today by analyzing the market trends, studying the geopolitical landscape, and identifying potential opportunities. Remember, knowledge is power, and the more you educate yourself, the better equipped you'll be to make informed decisions. The time is now, my fellow traders! Let's harness the power of uncertainty and turn it into our advantage. Together, we can ride the wave of volatility and achieve remarkable success in long-term oil trading.
TVC:USOILLong
by bryandowningqln
XTIUSD ( US OIL ) LONG term Trade AnalysisHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
FXOPEN:XTIUSDLong
by ForexPlanet20
Crude Oil: 4/8 Trading Strategies​Crude oil tested highs and fell back to lows yesterday, breaking the previous strong pattern of Lianyang. I mentioned the market after the slow rise of Lianyang, the daily line level: unilateral rise and then fall; after the oil price continued to rise, it met resistance near the strong resistance level and then fell back. The high level is similar to the "hanging man" K line followed by the big Yin line, Formed a bearish top signal, lost the 5-day moving average and 10-day moving average in a row, KDJ high dead cross, the possibility of oil price peaking in the short term is relatively high, and the market outlook is at least facing the risk of further correction. The initial support refers to the low point of July 25 near 78.27 Position, the July 13 high was supported around 77.31, and the stronger support was around the 200-day moving average of 76.59. The 38.2% retracement support of this round of rally is also near this position. If this support is lost, the market outlook will increase Bearish signal. If the oil price can hold the 200-day moving average, there is still a chance for the oil price to fluctuate higher in the middle line; in the short term, the initial resistance refers to the 80 integer mark, and the resistance of the 5-day moving average is currently around 80.71. If oil prices can quickly break through resistance near the overnight high of 82.40, it will add to the bullish signal in the market outlook. Crude oil operation strategy: Rebound to 83-83.2 short, stop 83.7., below the target 81.2. Step back to 80.7-80.9 to do more, stop loss 80.2, above the target 82.2.
FXOPEN:XTIUSDShort
by ActuaryJ
Crude oil analysis, today's long-short range is 81.2~78.2 International oil prices rose to a new high in more than 3-1/2 months yesterday, as API crude oil inventory data showed strong demand in the world's largest energy consumer, the United States, although demand concerns elsewhere limited gains. The latest data from the American Petroleum Institute (API) showed U.S. oil inventories fell by 15.4 million barrels in the week ended July 28, compared with analysts' expectations for a drop of 900,000 barrels. Official U.S. Energy Information Administration (EIA) data released on Wednesday matched that trend and will mark the biggest draw in U.S. crude inventories since 1982. Crude stockpiles elsewhere have also begun to decline as demand outstrips supply, while supply is constrained by sharp production cuts by Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), supporting prices. Saudi Arabia is expected to extend its current voluntary output cut of 1 million barrels per day over the weekend for another month until September. The daily level of crude oil rose unilaterally, and there is still a chance to go higher in the short term. Continue to pay attention to the resistance around the high point of 82.61 on January 23 and the high point of April 83.51. If the resistance around 83.51 is effectively broken, it is expected to open a new upward channel in the middle line , The midline target is expected to look around the 90 mark. Crude oil operation strategy: rebound to 80.8-81.2 empty, stop loss 81.5., below the target 79. Crude oil operation strategy: step back to 78.2-78.5 to do long, stop loss 77.8, target above 80.
TVC:USOIL
by ActuaryJ
Crude oil: Crude oil unexpectedly fell, but there is still a new From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an opening in 4 hours, a big negative line directly fell below the first-line support of the middle rail, and it is currently stabilizing near the lower rail. The short-term price may test the low point of last night again. It is necessary to pay attention to the support at this position. If it can hold, then the short-term The price will have a chance to rebound again. The operation idea is to look at a wave of rebound after the price retraces and stabilizes. Operation strategy: call back the 78.3-79 area to do long, stop loss at 79.6, and target 81 to short Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up
FX:USOILShort
by Dylan-Jones
1
Exciting Opportunity: Dive into Today's Oil Price Dip! Before we dive into the details, let me shed some light on the recent price trend that led us to this thrilling moment. Over the past few weeks, we've witnessed a remarkable surge in oil prices due to hedge fund short coverage. This upward momentum has created a buzz among traders, and rightly so. But today, my friends, we have a unique chance to ride the wave in the opposite direction. With oil prices decreasing today, it's time to seize the moment and make the most of this incredible buying opportunity. The recent fluctuations have set the stage for potential gains, and it's up to us to jump in and make the most of it! Here's your call to action: Consider adding to your portfolio by buying into the dip in oil prices today. This drop provides a fantastic entry point for those who missed out on the previous rally or those looking to maximize their profits further. By taking advantage of this dip, you position yourself strategically to reap the benefits when the market inevitably rebounds. Remember, successful trading often involves identifying opportunities and acting swiftly. Today's oil price dip represents precisely that - a golden opportunity that shouldn't be missed. So, gear up, get excited, and make the most of this thrilling moment together! If you have questions or need assistance executing your trades, please don't comment away.
TVC:USOIL
by bryandowningqln
India's Oil Imports From Russia Decline Further - Monitor ImpacOver the past few months, India, one of the largest importers of Russian crude oil, has been scaling back its purchases from Russia. This decline, which predates the recent geopolitical tensions, is expected to intensify due to the Indian government's decision to impose certain restrictions on imports from Russia. Such a move will likely disrupt the global oil market dynamics, potentially leading to a surge in oil prices shortly. As traders, we must stay well-informed and agile in our decision-making process. The impact of reduced oil imports from Russia by India cannot be underestimated, as it not only affects the supply-demand balance but also has the potential to create a ripple effect across various sectors. Therefore, I strongly encourage you to closely monitor the developments surrounding India's oil imports and their subsequent impact on oil prices. To help you stay ahead of the curve, I recommend keeping a close eye on crucial industry news sources, monitoring the official statements from the Indian government, and analyzing market trends. By doing so, we can better assess the potential consequences on oil prices and position ourselves advantageously to capitalize on any market fluctuations. In conclusion, the decline in India's oil imports from Russia is a significant development that demands our immediate attention. Let us remain vigilant and proactive in our approach, ensuring that we are well-prepared to navigate any potential challenges that may arise from this situation.
TVC:USOILLong
by bryandowningqln