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WTI Crude Oil Cash

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Oil prices still face systemic downside risks.Although the geopolitical situation in the Middle East (the conflict between Israel and Iran) may support oil prices in the short term, market sentiment is still dominated by supply pressure. Technically, WTI has broken below the key support level of $60. The MACD death cross and the oversold RSI suggest that the bears are in the dominant position, and the next support level is expected to be $54.80. Barclays Bank has lowered its price forecast for Brent crude in 2025 to $66. Weak demand and the expectation of the resumption of shale oil production in the United States further suppress the medium - term trend. you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel. Trading Strategy: sell@58.8-59.1 TP:57.6-58.1
TVC:USOILShort
by HilaryBloomer
What adjustments will be made to oil prices?If traders don’t know how to trade, they can refer to the strategy of the Swing Trading Center. Earlier, it was announced to sell at 57.24. The lowest price reached around 56.3, and now the oil price has returned to 57.24. How to trade? If you are also confused, you can refer to the views of the Swing Trading Center. At present, the supply of oil prices exceeds the demand, and some oil-producing countries will continue to increase the production of oil prices. The market has never recognized that oil will become a slow-selling product. Oil prices can be allowed to fall. But oil is not allowed to have no production capacity. I like this sentence. Oil prices are expected to be mainly adjusted in the short term. The clear trading instructions have been announced in the Swing Trading Center. Stay tuned. Prevent missing good trading opportunities.
TVC:USOILShort
by Band_analysis
Crude oil, still bearishAs global supply increases and macro risks rise, the price downside range reappears. If tensions in the Middle East escalate further, it may cause market volatility. The original trend of rising first and then falling today, after the downhill new low, the rise continued, and there was pressure at 57.7. It is expected that there will be shocks and then declines. The original trend is still in a bearish trend, so we consider shorting as the main. Pay attention to the 57.7 resistance and 55.5 support.
TVC:USOILShort
by JoshuaEmmie
After a period of fluctuation, it will continue to decline.WTI crude oil has recouped part of the decline from the sharp drop at the start of this week. It was quoted at $57.55 per barrel during intraday trading. OPEC+ has unexpectedly increased production again, and WTI crude oil has continued the bearish trend that has gradually taken shape since March. With the increase in global supply and the rise in macro risks, the downward price range has emerged once again. If the tensions in the Middle East escalate further, it may trigger market volatility. The eight core member states of the organization, led by Saudi Arabia, have agreed to increase daily production by 411,000 barrels in June, which is the same as the unexpected production increase in May. The cumulative production increase now exceeds 800,000 barrels per day, marking an important step towards canceling the target of the voluntary production cut of 2.2 million barrels per day that has been promised since 2022. Crude oil showed a trend of rising first and then falling today. After breaking through a new low, the upward movement continued. It faced resistance after reaching you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
TVC:USOILShort
by HilaryBloomer
Oil is Doomed: Time to SELL (Part 2/3)Drill, Baby, Drill & Trump’s Oil Pressure 🇺🇸 Trump’s Oil Agenda Trump wants cheap oil to bring down inflation and interest rates. His rallying cry? *“Drill, baby, drill.”* That means: more drilling, more refining, more pipelines → more US oil flooding the global market. 💼 MAGA & Low Oil Prices Trump believes cheap oil = strong economy . He also wants to pressure OPEC and Saudi Arabia to cut prices as a way to end the Russia-Ukraine war. Flashback: In 2020, oil went negative ($-40!) when Saudi and Russia ramped production. History may rhyme again. ⚠️ Demand Problems OPEC, IEA, EIA, Rystad — all lowering demand forecasts for 2025. Even the most optimistic see demand growth at 1.2 million bpd , down from 1.85. And that’s before green energy kicks in harder: 🔋 Solar & wind are now cheaper in 96% of the world. 🌍 Renewables are eating into fossil fuel demand.
BLACKBULL:WTIShort
by KenJi_Indicator_2
WTI TRADE IDEAhello everyone From the previous oil movement, the entry at 58.52 moved up by 80 pips before hitting breakeven. For the upcoming open market, if the trendline and support or resistance break out as shown on the M30 chart, it could signal an opportunity to enter the market. Ensure strong confirmation before acting, and keep an eye on shifts in market structure. Thanks a lot for your support & best of luck **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
TVC:USOIL
by mytw0cents
Analysis and Layout of Crude Oil at the Opening of the MarketThe international crude oil market has experienced intense fluctuations. Both Brent crude oil and West Texas Intermediate (WTI) crude oil have recorded significant declines, dropping by 8.31% and 7.58% respectively. The expectations of OPEC+ production increase, the trade concerns triggered by Trump, and the market's risk aversion sentiment due to the global economic slowdown have become the key factors dominating the trend of oil prices. The crude oil has corrected and broken below the support line, and there is a high probability that the bearish trend will enter a further acceleration stage. After the initial rise followed by a fall, the demarcation line between the bulls and the bears is around 59.4. If it comes under pressure again, it will indicate the continuation of the future trend. The moving average system is in a bearish arrangement, and it is suppressed by the 30-day moving average. Objectively, the short-term trend direction remains downward. Next week, consider taking short positions around 59.4 and expect further decline.
TVC:USOILShort
by HilaryBloomer
Summary of the Crude Oil Market This WeekThis week, the crude oil market witnessed a significant decline. Brent crude oil dropped by a cumulative 8.3%, and WTI crude oil fell by 7.5%. Both recorded their largest single-week declines since the end of March.👉👉👉 OPEC+ convened a production meeting ahead of schedule and planned to discuss the production increase plan for June. The market bets that the probability of a production increase is as high as 70%. Previously, OPEC+ unexpectedly announced in April that it would increase daily production by 411,000 barrels starting from May, which is three times the original planned increase. This move aimed to punish member states that had overproduced oil. If production is further increased in June, it will further intensify the supply pressure on the market. Although the geopolitical tensions in the Middle East region have intensified, such as the postponement of the fourth round of nuclear negotiations between the United States and Iran, which has, to a certain extent, provided support for oil prices, judging from the overall market situation this week, this supporting effect has failed to offset the impact of increased supply and decreased demand. Overall, this week, under the intertwined influence of factors such as increased supply, uncertain demand prospects, and changes in the geopolitical situation, the crude oil market showed a significant downward trend. The market's expectations for crude oil prices are rather pessimistic, and it is expected that crude oil prices will still face certain downward pressure in the coming period. However, if OPEC+ changes its production increase plan, or if there is an unexpected improvement in the global economy, crude oil prices may rebound.
TVC:USOILShort
by Trading_Grorge
Trend is Your friend Took 2 years to understand the above . I kept thinking I knew when the reversals happen and lost over 200k in the process. Still love to trade and one day it will come back even that I know 2 things will make your successful in this game 1 # most important RISK MANAGEMENT 2 # Trend is your friend stick to higer timeframes stop the 1 and 5min charts 3 # Fibonacci is king 4 # trendines and S/R Matter wait for retest 5 # chart patterns is a must for reversal wait for W OR M then Fibonacci it Anyhow you get told all these things as a newbie but takes time to get it through your thick skull not saying I have mastered it . Lastly to all newbies stay away from NATGAS she will either make you or most likely destroy. Forget indicators ! Anyhow else love to trade like me
FUSIONMARKETS:XTIUSDShort
by ctutun79
USOIL trading alerts. Pressure and support.Oil also fell according to instructions. I just forgot to remind you. Sorry, but the profit is quite good. Sell short from 58.7. Then the lowest reached 56.34 But today in the New York market, USOIL rose again above 58. From a fundamental perspective. The market will continue to fall under pressure. But from the trend, we need to pay attention to the support of 58. If it does not fall today, it is likely to continue to fall based on Friday's trend. The pressure level near 59 needs to be paid attention to. In terms of operation, it is still mainly selling at high levels. Always remind trading risks. So don't ignore this. If you don't know how to trade. Remember to wait and see. Don't trade blindly or gamble. Many investor friends know that I have led some investors to create good profits for several consecutive days. If you don't know how to trade, remember to leave me a message and try it. Maybe your profit will double.
TVC:USOIL
by Band_analysis
Oil is Doomed: Time to SELL (Part 1/3)A Perfect Storm for Oil Has Begun The start of April triggered a brutal selloff in oil, and it's only the beginning. Here’s why: 🛑 Global Trade Wars On April 2nd, Trump launched a full-scale trade war. New tariffs could reach 23% — the highest in a century. China, the world’s largest oil importer, now faces 145% tariffs. Global trade slowdown = weaker demand for oil. Result? Oil dropped 10% in just 2 days — one of the worst drops in history. 📉 US at Risk Too Goldman Sachs raised recession odds from 15% to 35%. Atlanta FED sees weakening GDP. The whole world slows down — and so does oil demand. 🛢️ OPEC Surprise Output Hike OPEC+ has started increasing output — over 2.2 million barrels per day in 2025. The April hike alone was supposed to be 138,000 bpd, but turned out to be 411,000 bpd — triple the forecast. This is a MAJOR bearish shock to the market. Flashback: Spring 2020 — OPEC raised output during an economic crisis. Oil dropped 65% .
BLACKBULL:WTIShort
by KenJi_Indicator_2
USOIL... 1D CHART PATTERNHere's my USOIL (WTI Crude) trade setup. - *Trade Type:* Sell - *Entry Price:* 57.74 - *Stop Loss (SL):* 65.54 - *Take Profit (TP):* 51.40 *Quick Risk/Reward Analysis:* - *Risk:* 65.54 - 57.74 = *7.80* - *Reward:* 57.74 - 51.40 = *6.34* - *Risk/Reward Ratio:* 6.34 / 7.80 ≈ *0.81* *Comment:* This setup has a risk greater than the potential reward, which is not ideal. A better trade usually has a risk/reward ratio of at least 1:1, preferably 1:2 or more. You might consider adjusting your TP or SL, or confirming the direction with technical/fundamental analysis.
TVC:USOILShort
by Money_Magnet5
WTI Wave Analysis – 29 April 2025 - WTI reversed from the resistance area - Likely to fall to support level 58.00 WTI crude oil recently reversed from the resistance area between the resistance level 64.60 (former multi-month low from September 2024), the 20-day moving average and the 61.8% Fibonacci correction of the downward impulse from the start of April. The downward reversal from this resistance started the active short-term impulse wave 5, which belongs to the intermediate impulse sequence from last year. Given the clear daily uptrend, WTI crude oil can be expected to fall toward the next support level 58.00.
FX_IDC:USDWTIShort
by FxProGlobal
USOIL SPOT CASH ANALYSIS Oil Analysis: Overall Trend: The general trend remains bearish, moving towards key supportive correction zones aligned with Fibonacci retracement levels. Technical Signals: A regular hidden positive divergence has appeared, suggesting a potential upward movement from the corrective Fibonacci levels. Outlook: Based on the current setup, there are expectations for a bullish rebound from the corrective zones toward higher target areas, as illustrated in the accompanying chart.
FPMARKETS:XTIUSD
by ramibakour8
WTI Oil H4 | Bearish reversal off an overlap resistance?WTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 62.04 which is an overlap resistance. Stop loss is at 64.95 which is a level that sits above a multi-swing-high resistance. Take profit is at 59.18 which is a swing-low support that aligns close to a 61.8% Fibonacci retracement. 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 (tradu.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 (tradu.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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:USOILShort
by Tradu
Bearish drop off pullback resistance?WTI Oil (XTI/USD) has rejected off the pivot which is a pullback resistance and could drop to the pullback support. Pivot: 61.64 1st Support: 59.89 1st Resistance: 63.13 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.
ICMARKETS:XTIUSDShort
by ICmarkets
USOIL: Recent Analysis and Trading StrategiesOver the past two weeks, USOIL has been continuously fluctuating and consolidating within the price range of $61.5 - $64.5. The overall trend shows a pattern of rising first and then falling. During the upward phase, the bullish momentum was scarce, making it difficult to achieve an effective breakthrough. Subsequently, it shifted into a downward trend. Yesterday's market situation was particularly typical. It opened higher at $63.5 in the early trading session and then declined all the way. It not only broke below the key support level of $61.5 but also had weak rebound strength. Currently, the price is still hovering around this support level, indicating the market's indecision. Currently, most investment institutions hold a pessimistic view on the future of USOIL. However, it is worth noting that the price has touched the support level of $61.5 five times in the past two weeks. Although it briefly broke below this level twice, it failed to effectively form a trending breakthrough. The principle that "if a support level can't be broken after repeated attempts, there will be a rebound" has been verified many times in similar situations, suggesting that there may be strong potential buying power at this support level. Based on the above analysis, today's trading strategy is recommended to maintain a cautiously bearish tone, but it is necessary to closely guard against potential technical rebound risks. During the trading process, it is essential to set stop-loss levels strictly to avoid the expansion of losses due to sudden market movements. At the same time, it is advisable to reduce aggressive trading and mainly adopt a wait-and-see approach. Be patient and wait for clearer trend signals, and then choose the right time to enter the market when the market direction becomes more explicit. USOIL sell@62-62.5 tp:61-60.5 sl:62.8 In the future, we will continue to monitor the market changes and update the trading strategies in real time. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
TVC:USOIL
by H_C_12