Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downward move. WTI is correcting upward as price falls to the low of $65. The upward correction has reached the high of $72. However, USOIL is still trading in the overbought region of the market. It implies that […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL has resumed its downward move after rejection from the $77 high. WTI faces another rejection at $75 after price is corrected to the recent high. The implication is that the downtrend will continue on the downside. Meanwhile, on July 7 downtrend; […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend as it reached the high of $76.95. The market is declining after rejection from the recent high. Meanwhile, on July 6 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that USOIL […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. WTI has risen to an overbought region of the market. The RSI indicated an overbought region of the market as USOIL rises to $75.10. The implication is that the upward rally is likely to subside on the […]
Nivells de resistència clau: $ 66.00, $ 70.00, $ 74.00 Nivells clau de suport: $ 48.00, $ 44.00, $ 40.00 USOIL (WTI) Tendència a llarg termini: BullishUSOIL ha anat augmentant constantment. La resistència inicial al nivell 72.00 s'ha trencat a mesura que el preu va reprendre un moviment a l'alça. És probable que WTI s'enfronti a resistència en el seu moviment a l'alça. L'indicador de preus ha indicat que el mercat ha arribat a la sobrecompra […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is falling. The upward move reached the high of level 72.96 and was resisted. The WTI retraced to level 70 and found support above it. There are bullish signals above the current support indicating a possible uptrend. The market is currently […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. The upward move has reached the high of level 71.21. According to the RSI, the WTI has reached the overbought region of the market. The upward move is doubtful as sellers are likely to emerge to push […]
Nivells de resistència clau: $ 66.00, $ 70.00, $ 74.00 Nivells clau de suport: $ 48.00, $ 44.00, $ 40.00 USOIL (WTI) Tendència a llarg termini: BullishUSOIL està en una tendència alcista. El WTI ha pujat a 69.32 dòlars. El cru s'enfronta a la resistència al màxim recent. Mentrestant, la tendència alcista del 20 d'abril, un cos d'espelma retrocés va provar el nivell de retrocés de Fibonacci del 50%. El retrocés indica que WTI […]
US Oil is traded at 68.69 at the time of writing, below 68.86 today’s high. The price has resumed its growth after the OPEC meeting. Technically and fundamentally, WTI could resume its growth in the short term. The price has rallied today signaling strong buyers. It has stabilized in the bull’s territory, so we could […]
