Crude oil---sell near 63.90, target 60.00-58.00Crude oil market analysis:
The recent crude oil has been delivered. The new contract is relatively strong at present. Yesterday's daily line closed with a positive line. In the short-term bottom shock, we are still bearish on crude oil today. We continue to sell. The large pattern suppresses around
Possible upward pullbackCrude oil is on a bearish trend based on higher timeframes but is currently showing bullish pressure as a potential pullback. The potential upward pullback may try to retest the 70.0 barrier. Breaking further and settling above the 70.0, may see a rise towards resistance barriers between 71.00 and
The pivotal technical threshold is $65 for the price of oil The price of US crude oil broke a major technical support in April
The price of oil gave a technical red alert at the beginning of April after breaking a major long-term support, all against a complicated fundamental backdrop: the so-called reciprocal tariff trade war, geopolitical tensions and in
Crude oil-----Buy near 65.00, target 62.30-60.00Crude oil market analysis:
Recently, crude oil has also fluctuated greatly due to the influence of fundamentals. It started to rise rapidly yesterday, and the daily line closed with a standard big hammer candle pattern. Today, we rely on the 65.20 position to buy. We can also consider buying when it
OIL GLUTSTRONG SELL until November 2025
First Target : $52
Second Target : $43
Under the screening of 100 Weeks Bollinger Bands, Oil is in the same situation as in 1986, 1993, 1998, 2014 and 2020
Since there is talk of a glut " Strong production growth expected to increase global oil glut in 2025, 2026" B
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Micro WTI Crude Oil Futures is 64.01 USD — it has risen 2.47% in the past 24 hours. Watch Micro WTI Crude Oil Futures price in more detail on the chart.
The volume of Micro WTI Crude Oil Futures is 15.08 K. Track more important stats on the Micro WTI Crude Oil Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro WTI Crude Oil Futures this number is 10.87 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro WTI Crude Oil Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Micro WTI Crude Oil Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Micro WTI Crude Oil Futures technicals for a more comprehensive analysis.