Market Analysis – November 28 USOil outlook confirms persistent downside structural conditions ahead. USOil continues to exhibit a firm downward bias as price remains positioned below the 9-day SMA near $59.00, reinforcing ongoing weakness across the curve. Momentum conditions remain muted, with the MACD holding beneath its equilibrium level and showing minimal improvement on the […]
Market Analysis – November 14 USOil exhibits sustained downside pressure as momentum weakens. The broader market structure continues to reflect a bearish operational outlook, with price action remaining below short-term moving averages and maintaining negative alignment across momentum indicators. The MACD histogram remains subdued, signaling fading bullish attempts and reinforcing a downward-leaning sentiment. This overall […]
Market Analysis – November 7 USOil deepens its bearish trajectory under intensified selling momentum. The commodity maintains a firm downward bias as persistent selling activity strengthens below the key $61.450 resistance level. Price action continues to trade beneath the 9-day simple moving average, highlighting the ongoing bearish phase in the market. Momentum readings from the […]
Market Analysis – October 31 USOil extends its downside trajectory amid eroding buyer conviction. The commodity maintains its prevailing bearish outlook, showing a gradual decline in momentum across both short- and medium-term structures. The 9-day Simple Moving Average (SMA), fluctuating around $60.280, currently acts as a dynamic resistance level, suppressing any meaningful upward retracement. Meanwhile, […]
Market Analysis – October 24 USOil sustains its downward drive after rejection within a critical supply range. The commodity continues to display a pronounced bearish inclination as valuation remains capped beneath the 9-day moving average near $58.790. The MACD profile shows a weak upward cross that remains below the neutral axis, indicating limited recovery potential […]
Market Analysis – October 17 USOil extends its downside momentum amid growing bearish pressure. The commodity continues to display persistent selling interest, supported by technical indicators that confirm weakening market strengt. Currently, the price trades below the 9-day simple moving average, signaling a clear short-term downtrend. Additionally, the RSI remains below the neutral 40 level, […]
Market Analysis – October 10 USOil retains persistent downward momentum under a fragile technical structure. The asset continues to exhibit a clear bearish configuration as analytical indicators remain aligned with a declining trajectory. Price action currently trades below the 9-day Simple Moving Average, signaling diminishing bullish strength and limited rebound potential. The MACD histogram remains […]
Market Analysis – October 3 USOil sustains a downward trajectory as technical weakness intensifies. The commodity remains under significant selling pressure, with recent price action reflecting the continuation of a broader bearish cycle. Momentum indicators reinforce this weakness, as the MACD maintains a negative reading, highlighting subdued buying interest and a prevailing imbalance in favor […]
Market Analysis – September 26 USOil sustains a bullish posture with technical catalysts for growth. The market is showing a constructive trajectory supported by technical indicators. The daily chart highlights a steady recovery from the $61.450 support level, reinforced by the 9-day SMA currently positioned at $63.930. The MACD has crossed into positive territory, with […]
