WTI will rise UPThe price has completed wave 2 and is starting wave 3, with targets of 75.50, 77.80, and 80. invalidation level is 71.Longby Ibrahim19841
USOIL AnalysisI think it's possible to consider selling here or in a higher range with approval.Shortby smuggler650
Crude oil is approaching highs and continues to shortReal-time analysis of crude oil market: Crude oil did not fall below the 70 mark for four consecutive trading days last week. This week, the price of crude oil will be determined by the integer mark of 70. Last week, we repeatedly suggested that we should buy at 70.5 and 70 in batches. Now it has reached the 71.5 line, which can only be regarded as the first stop of the decline. The short-term pressure range is in the 71.7-72.1 area. It is expected that there will be no big ups and downs at the beginning of the week. With 71.5 as the radius, 15 points of space will be reserved above and below as the shock range at the beginning of the week. Today's resistance is focused on the 4-hour upper track 72.1. The upper side looks at the pressure point of 72.5 where the daily MA60 moving average and the 4-hour MA60 moving average overlap. The deviation pressure point focuses on the weekly MA10 moving average 73. For support, first look at the 1-hour middle track 71, followed by the lower track 70.6, and the deviation looks at the 70 integer mark. Overall, the 4-hour Bollinger band lower track and the daily Bollinger band lower track have turned into an upward closing state, and the probability of breaking the low again is not high. Therefore, any retracement this week is an opportunity to try a long-term bullish trend. For the European and American markets, it is recommended to mainly go long on retracements, and go short when encountering resistance at high levels.Shortby niwmniwmUpdated 3
SELL USOILBeen a while since I last posted a trade to take. Here today you can sell on USOIL with the same TP and SL I set on my chart. Follow for more!Shortby YassineAnalysis2
Crude Oil Price Trends: Market Drivers and Further OutlookWTI and Brent Crude: Recent Price Movements Oil prices faced renewed volatility last week as West Texas Intermediate (WTI) crude settled at $72.84 per barrel, down $2.13 from the previous week, while Brent crude ( TVC:UKOIL ) closed at $77.11 per barrel, reflecting a $1.03 decline over the same period. The price drop follows a mix of macroeconomic concerns, shifts in global supply, and changes in refinery demand, raising questions about the short-term direction of the oil market. Geopolitical Risks and Supply Disruptions Oil markets remain highly sensitive to geopolitical events. Rising tensions in the Middle East and uncertainty surrounding Russia’s oil exports continue to shape price expectations. In particular, shipping disruptions in the Red Sea due to recent attacks on vessels have increased transport costs and contributed to supply chain volatility. Additionally, ongoing sanctions on Russian crude are prompting shifts in global trade flows, with some Asian countries increasing purchases while Europe diversifies its energy imports. Macroeconomic Factors and Demand Outlook On the macroeconomic front, concerns over U.S. Federal Reserve policy and potential interest rate hikes have weighed on oil prices. A stronger U.S. dollar typically exerts downward pressure on crude oil, making it more expensive for foreign buyers. However, resilient U.S. employment data and steady industrial activity have supported fuel demand, mitigating some of the downward pressure. China's economic recovery also plays a crucial role, with stronger-than-expected factory output and increased crude imports providing support for oil prices. New York Petroleum Product Prices: Gasoline and Diesel Trends The New York Harbor spot price ( NYMEX:HO1! ) for conventional gasoline fell to $2.382 per gallon, marking a $0.023 decrease from last week. Meanwhile, No. 2 heating oil prices dropped by $0.083, settling at $2.371 per gallon, which is $0.213 lower than a year ago. Despite these declines, demand for diesel and heating oil remains strong, particularly in colder regions, supporting refined product prices. Market Outlook: Where Are Oil Prices Headed? Looking ahead, oil price trends will depend on several factors, including OPEC+ production policy, U.S. refinery utilization rates, and global economic growth. If U.S. crude inventories continue to rise, prices could face further downward pressure. However, if geopolitical risks escalate or demand in Asia strengthens, oil prices may find support in the coming weeks. Investors and traders should closely monitor supply chain developments and central bank policies, as these will be key drivers of price movements in the near term.by igorisaev0
Crude Oil Holds Above 70 Support ZoneAmid upside risks from Trump’s tariffs and downside pressures from policies favoring price cuts and overproduction, oil remains highly volatile, trading above key support levels while maintaining its broader downward trajectory from 2022 to 2025. Critical support zones to monitor include $69.5, $66, and $64, which have acted as key rebound areas since December 2021. A firm close below the $64 support could accelerate losses toward the psychological $60 level and $55, aligning with the 0.618 Fibonacci retracement of the 2020–2022 uptrend. On the upside, the upper boundary of the established channel serves as strong resistance near $78. A sustained close above $80 would signal a potential shift in sentiment, eyeing $84, $89, and $95, which align with waves A, C, and E of the triangle pattern, marked by the highs of September 2023, April 2024, and July 2024. Key events to watch: OPEC's monthly oil report Trump’s tariff announcements Fed Chair Powell’s testimony U.S. CPI report - Razan Hilal, CMTby FOREXcom119
USOIL (CRITICAL SUPPORT ZONE HOLDS THE KEY TO NEXT MAJOR MOVE)Technical Analysis Zone of 721.90-70.43, a zone that has historically acted as a strong foundation for price reversals. If buyers defend this level, we can expect an upward move toward 76.20, the first key resistance. A successful breach of this resistance could further push the price toward 78.21, followed by a potential test of the broader resistance zone between 80.44 and 82.79. However, the risk lies in a confirmed 4-hour or daily candle close below 721.90-70.43, which would indicate a weakening bullish presence. In this case, the price could break lower, targeting 68.57. Dear Traders, if you find this analysis helpful or have your own insights, drop a comment below! I’d love to hear your thoughts.Longby ArinaKarayi6
USOIL - BearishUSOIL is in Bearish trend. We can enter short trade at 0.618 Fib level.Shortby mohduzair90
bottom forming?Oil seems to be ranging since end of the last year, making higher lows. Now taking in the account uncertain political landscape, trade wars and possible war wit Iran, it seems like a good place to scale in for longs for long term.Longby prillitoos0
XTIUSD LongXTIUSD perfectly bounce from one day demand zone and in 4h we can see clear bullish momentum, we can take a entry at the breakout and make some good profits.Longby The_Trading_G3ek1
Crude Oil LongLooks high RR, 4H/daily break up, recent big wick on 4H after sell off candle, support on the leftLongby mgibson910
WTI Oil H4 | Approaching pullback resistanceWTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 71.95 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 73.50 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take profit is at 69.58 which is a swing-low support. 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.Short03:13by FXCM1
USOIL it will go down and then up the price movement of WTI Crude Oil (USOIL) on a daily timeframe. It highlights a range between approximately 66.70 and75.21, suggesting potential price targets. The market is currently trading near the 71.41 level, within this range. A breakout above75.21 could indicate a bullish trend, while a drop below $66.70 might signal a bearish move. The chart suggests a period of consolidation with possible directional movements in the near future.Longby MR_ALBERT42
OIL - Up or Down?Oil was going up for the last leg of the bull run in 2000 and 2007. I think I'd prefer oil breaks higher for the stock market. But with Drill Baby Drill , prices should go down with the increase in supply. Shortby brian76831
WTI/Crude Oil targetCrude oil has a big chance to go up until 72-73 line. It will cause some trouble while going up, but it is time to put some positions in your cart. Crude oil will not fall below 60 based on current geopolitic situations across OPEC+ nations and most importantly, Trump. Regardless of crude being replenishable natural resources, it is used mostly in every different aspect on our daily life gadgets and things starting from your door and skate board to industrial usages. Machines cannot be operated without this. Start buying in, and book your first profit on 72-73. Further signals will be announced later.Longby minwoolim1
Could the price drop from here?WTI Oil (XTI/USD) is rising towards the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 72.97 1st Support: 69.54 1st Resistance: 75.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. 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.Shortby ICmarkets8
US OIL LONG RESULT This is actually a scalp trade I took after Price rejected from our 2nd TP and support. Noticed a Minor liquidity grap and Followed up with the move. Also as you can see our short trade is still running, NPF news didn't take us out as I feared so we still holding strong, let's see how Price moves when market opens 💪Longby THE_KLASSIC_TRADER0
Oil - Buy opportunities if price stands on hourly key resistant There will be more Buy opportunities if price stands on hourly key resistant, which is hourly revise pattern. once formed, the target TP will be daily resistant. Hello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!by QQGuo-Shane2
Intraday Trade: US Oil SellTrend analysis: H4, H1, M30, M15 is bearish M30 TF: Price is rejected by the resistance and fibonacci area as shown by the engulfing candle M15 TF: There is a triple top pattern with liquidity sweep and price has pulled back and is rejecting from the FVG + Fib area My trading plan: Entry: 71.07 SL: 71.81 TP: 69.59 TVC:USOIL Disclamer on Trade on your own risk Shortby Philanthropist7770
US OIL CONTINUE BEARISH 66Hey there on 4HTF US oil change there ways and we may see continue there dump candle bearish level First we can see there selling pressure area is 72 and 73 and last 74 where we can see a huge waterfall and will reach first 70-68-66 So in the uspide we could possibly see after from 75 and 77-79-81 So we have seems this trend line continue bearish candle and go downside continue Good luck and follow comment and like for more updates and analysisShortby DvsTraderfirm0