Market Analysis- September 29 US Oil (WTI) shows signs of weakness. The US crude oil market appears to be experiencing momentary tremors. Buyer dominance gives way to increased seller leverage. The oil market presents an intriguing play of forces, with sellers’ momentum gathering pace. US Oil Key Levels Resistance Levels: 95.090, 84.570Support Levels: 88.230, 67.650 […]
Market Analysis – September 22 US Oil (WTI) regains bullish sharpness. The bulls have reemerged on the US Oil (WTI) scene with a renewed sense of determination. After a period of consolidation and correction, the price corrected lower and failed to breach the 90.160 key level. The bulls are once again flexing their muscles. […]
Market Analysis – September 18 US Oil (WTI) bulls edge close to the 91.009 price level. The oil price has displayed a bold bullish move. It is clear that the bulls relentlessly pushed the price beyond the 84.960 hurdle level. US Oil (WTI) Key Levels Resistance Levels: 91.000, 84.960 Support Levels: 76.600, 66.830 US Oil […]
Market Analysis – September 8 US Oil (WTI) slows down above the 86.230 market level. The US oil market has been on a bullish trend for the past few months due to the demand for crude oil. The buyers have continued to expand their domain as bullish sentiment increases. The crucial level of 86.230 has […]
Market Analysis – September 1 US Oil (WTI) buyers could take a breather. Over the week, the bulls in the US Oil WTI market have maintained a serious liquidity purge. This surge in liquidity has favored the bulls, allowing them to exert their influence on the market. However, there are signs that the buyers may […]
Market Analysis – August 25 US oil (WTI) looks for more bullish momentum. The market needs more attention from bullish participants to expand its momentum. The buyers have been attempting to regain the previously lost bullish pace in the market. Although US oil experienced a significant dip earlier this week, the bulls need to strengthen […]
Market Analysis – August 4th US Oil (WTI) buyers aim for a breakout above the 83.440 key zone. The buyers are focused on achieving a breakout above the significant zone at 83.440. Their determination to push for a breakthrough remains strong. While there has been progress in price, an additional effort is required to surpass […]
Market Analysis – July 28th US Oil (WTI) continues to dive forward due to bullish strength. The oil market is currently in a strong position. The bulls have been dominating the market and preventing sellers from changing course. In the past few days, the buyers have been able to break out above the 73.570 market […]
Market Analysis – July 21 US oil (WTI) flirts above the 74.220 market level as buyers prepare to bounce off it. Oil traders have seen a volatile market for the past two months. The market started strong in May, with prices rising from 83.370 to nearly 84.000. However, by the end of June, sellers had […]
