USOIL ..in the 1hr time-frame usoil was berish but late in the day there was a swift CHOCH to the upside in the 1hr time-frame. Expert a temporary bullish move. The move is temporary given that daily supply zone lies above the price.
WTI trade ideas
WTI Crude Oil (USOIL) Daily Chart AnalysisCurrent Price: $71.16 (-2.70%)
Timeframe: Daily (1D)
1. Trend Analysis (Bearish Bias)
The price is in a downtrend, as shown by the descending green trendline.
Lower highs and lower lows indicate continued bearish momentum.
The price recently rejected the upper trendline, reinforcing the downtrend.
2. Key Support and Resistance Levels
Resistance Zone: $72.50 - $73.00 (Previous structure resistance).
Minor Support: Around $70.00.
Major Support Zone: $65.00 - $66.00 (Highlighted pink area).
3. Price Action & Market Structure
The recent price action shows rejection from resistance and a bearish engulfing candle, signaling more downside pressure.
A break below $70.00 could confirm further selling toward the $65.00-$66.00 support.
If the price bounces at $65.00, it could trigger a reversal or consolidation.
4. Trading Strategy
Bearish Setup:
Short below $70.00 with a target of $65.50-$66.00.
Stop-loss around $72.50 (previous resistance).
Bullish Reversal:
If price breaks above $73.00, consider a long position with a target of $75.00-$77.00.
Conclusion
The market is in a clear downtrend, and the price is approaching a key support area. A breakdown below $70.00 could lead to further downside, while a strong bounce from $65.00 may provide a bullish reversal opportunity.
Would you like additional indicators like RSI, MACD, or volume analysis?
2 Tale of Commodities: US Crude $USOIL and $COPPERUS Crude Oil is stuck in a long consolidation pattern with the price stuck between 85 $ and 65 $. With Crude Oil unable to break the sideways consolidation pattern Dr Copper is making new highs in a recent month. On the weekly price chart of the world’s most traded commodity i.e. Crude Oil where we see a consolidation for more than 12 months. With new US administration the Crude output is estimated to go up, which will put downward pressure on the Crude Prices $USOIL. TVC:USOIL prices will most probably remain range bound within the 0.612 and 0.5 Fib retracement levels with prices ranging between 80 $ and 65 $.
But we see the prices of Dr. Copper remain in a bullish trend over the last 5 years. At a Macroeconomic level CAPITALCOM:COPPER prices are a leading indicator of the strength of the economy. With Stock market index making new highs across markets CSEMA:S&P , IG:NASDAQ , TVC:DEU40 and macro economy doing well, CAPITALCOM:COPPER prices are expected to remain strong.
So Long CAPITALCOM:COPPER , neutral $USOIL.
Oil RetreatsOil prices experienced a significant decline after three consecutive days of gains. West Texas Intermediate (WTI) recorded its biggest drop since January, falling approximately 2.5%, partially affected by the latest report from the U.S. Energy Information Administration (EIA). The report revealed an unexpected increase in U.S. crude inventories of 4.1 million barrels, bringing stockpiles to 427.9 million barrels. This buildup comes immediately after last week’s report showed the largest inventory surge since February 2024, with an additional 8.6 million barrels.
These figures suggest that supply is outpacing demand in the short term, exerting downward pressure on prices. Meanwhile, the decrease in gasoline inventories—down by 3.0 million barrels—and distillate products has provided slight support to the market, partially offsetting the negative effect of rising crude stockpiles. However, there was also a sharp drop in oil imports, which fell to 6.3 million barrels per day, down 606,000 from the previous week. If this trend continues, oil-exporting countries like Colombia could face challenges due to weaker external demand.
Beyond supply and demand dynamics, the inflationary outlook in the U.S. has also influenced market sentiment. Higher-than-expected inflation data reinforce expectations of a more aggressive stance from the Federal Reserve, which could keep borrowing costs elevated and put additional pressure on dollar-denominated commodities. Additionally, recent remarks from President Donald Trump regarding a potential negotiation with Russia to end the war in Ukraine have fueled speculation about a possible easing of restrictions on Russian oil producers. If this materializes, it would reduce supply risks from Russia and contribute to bearish pressure on crude prices.
In the medium term, the EIA raised its U.S. crude oil production estimate for 2025 to 13.59 million barrels per day, adding another supply-side factor. In this context, oil prices remain under pressure, reflecting a mix of geopolitical developments, monetary policy adjustments, and growing signs of oversupply in the market.
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USOIL 1H Analysis: Bullish Breakout or Reversal?📊 WTI Crude Oil (USOIL) 1H Chart Analysis 🛢️🚀
Current Market Status
Open: 73.33
High: 73.36
Low: 73.25
Close: 73.26 (-0.11%) 🔻
200 EMA: 72.40
Key Observations
✅ Strong Uptrend 📈
Price is trading above the 200 EMA (red line), indicating bullish momentum.
Recent candles show higher highs and higher lows, confirming upward movement.
✅ Consolidation Zone 📊
Price is currently in a range (orange box), suggesting a potential breakout.
Market is forming small candles, indicating indecision before a bigger move.
✅ Projected Breakout 🚀
The chart shows an anticipated bullish breakout above $74.00 - $74.85 target area (gray box).
If the price breaks above resistance, it may rally towards the next psychological level $75.00+.
❌ Risk Zone (Stop Loss Area) ⚠️
Support zone (bottom of the orange box) at $72.78 - $73.15.
If price breaks below this level, a bearish reversal could happen.
Trading Outlook
💡 Bullish Bias 📈: Look for a breakout above $73.50 - $74.00 for a long entry.
⚠️ Bearish Reversal Risk: A break below $72.78 may invalidate the bullish setup.
🔥 Potential Move:
🚀 Upside Target: $74.85 - $75.00+
🛑 Stop Loss: Below $72.78
USOIL - near resistance? what's next??#USOIL... market just placed his current resistance high so keep close that region that is around 73.40 to 74.00
of market holds that region in that case we can see a drop from here.
otherwise not ..
good luck
trade wisely
USOIL ANALYSISWaiting for certain confirmations but my overall bias is bullish for USOIL. Looking for buys between 2 zones>> 72.00 and 71.500. Lets wait and see.
WTI OIL Weak price action on the medium-term.WTI Oil (USOIL) is extending the Bearish Leg of the Triangle pattern after the recent January 13 rejection on the 1W MA200 (orange trend-line). Until the 1W RSI turns bearish again, and more importantly the Support Zone gets hit, we expect this bearish trend to be extended.
The strongest Demand Level for the past 2 years has been this Support Zone, so our medium-term Target is on its top at $68.00.
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Crude remains under pressureCrude oil spent most of Wednesday morning drifting lower, giving back yesterday’s gains and more. Approaching midday, European time, front-month WTI was hovering above $72 per barrel, which, while off over a dollar from Tuesday’s high, was still a couple of dollars above the lows from last week. The daily MACD has flattened out, suggesting a small decline in upside momentum. On top of this, oil is nowhere near back to ‘oversold’ levels which would indicate a buying opportunity. Fundamentally, nothing major has changed this week, other than the unexpectedly-large build in US crude stocks as reported yesterday by the American Petroleum Institute (API). President Trump’s ongoing tariff programme may weigh on economic activity. The US Federal Reserve has said it is in no hurry to cut interest rates further, a point repeated yesterday in Fed Chair Powell’s testimony to the Senate Banking Committee in Washington. Mr Trump’s determination to increase US oil production could also add to supply, which is price-negative. Meanwhile, global demand growth has been falling thanks to China’s severe economic problems.
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Against the Trend? We can anticipate a short term crude long.
It is against the trend on 15 mins, but a very short 200-500 points long.
USOIL SHORTUSOIL
If it reaches 73 next week and shows a bearish structure, it makes sense to short these areas. Empty lows below look nice
USOIL BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are targeting the 69.83 level area with our short trade on USOIL which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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USOUSD, OilUSOUSD is still in a downtrend. The price still has a chance to test the 74.49-74.9 level. If the price cannot break through the 74.9 level, it is expected that the price will go down. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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Bullish bounce off pullback support?WTI Oil (XTI/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USOIL Trade Log - CPI Session
USOIL Short Trade Setup – CPI Session Incoming 🚨
- Instrument: West Texas Oil (USOIL)
- Timeframe: 4-Hour
- Risk: 1% max due to CPI volatility
- Risk-Reward Ratio: Minimum 1:2
Key Technical Analysis:
1. Price has reached a strong resistance zone within the 4H Fair Value Gap (FVG) and is showing signs of rejection.
2. The Kijun Weekly and 4H levels align with this area, increasing the probability of a reversal.
3. Market structure has been bearish overall, with a clear Break of Structure (BOS) and internal liquidity grabs.
CPI Session Volatility Warning:
- With the CPI release incoming, expect aggressive moves and potential liquidity sweeps before directional commitment.
- If price runs liquidity above the FVG and shows strong bearish confirmations, this becomes a high-probability short.
- Manage risk carefully – no need to overexpose with CPI in play.
Trade Plan:
- Entry: Within the 4H FVG upon bearish confirmation.
- Stop Loss: Above the FVG high to avoid CPI wicks.
- Take Profit: At least 1:2 RRR, ideally targeting recent lows.
Stay sharp, play the reaction, and don’t force the trade if the setup invalidates. CPI is where weak hands get rinsed! 💀
11-2 Oil: 11-2 Oil: the down trend seems to be turning. Our signal system still shows a neutral score of 1 which consists of Retail sentiment 1, Seasonality 1, Trend reading 1, GDP -1, Manufacturing PMI 1, Services PMI -1, Retail Sales -1, Inflation 1, Employment Change -1, Unemployment Rate 1, Interest Rates -1. This data gives us a buy option at 74.445
Oil weekly forecast with key buy and sell levels Oil on the weekly with key levels and buy and sell suggestions.
#005 Obvious Trend WTICOUSD Buy 2344SGT 11022025Buy. Not paper trading neither am I using real money. Just for recording purposes. Cant trade real cos account not enough money. only have about 26cents sgd in it.
Not about to open a paper account cos too troublesome.
Going for 1R SL to 0.8R TP.
TP set at the next swing high as seen.
Will come back tomorrow at 9pm to see what happens.
I would like to take trades in the afternoon but now I am working. Hopefully tomorrow I am also going to work. I need to make some plans for tomorrow cos order has been slow recently.
2346SGT 11022025
Oil rises according to morning analysisIn the morning oil analysis, I said the rise could continue, and since this morning, oil prices have risen by more than one percent.
USOIL Set To Grow! BUY!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 70.97
Bias - Bullish
Safe Stop Loss - 69.61
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 73.22
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
WTIC Oil moving into recession territoryOil is the first thing that is reduced in demand when economies weaken
Monitor resistance to enter a long trade.If static resistance is broken, the upward movement continues for oil.
