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USOil (WTI) Bearish Momentum Slips

Market Analysis- November 19 USOil (WTI) bearish momentum slips. The market has experienced a recent bearish trend for a while. Sellers are facing resistance as buyers show strength in the current week. Despite previous bearish days, a short-term recovery is observed, bringing the oil price back near the 74.920 significant level. Buyers are making a […]

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USOil (WTI) Seeks to Recharge at the 80.200 Price Zone

Market Analysis – November 3 USOil (WTI) seeks to recharge at the 80.200 price zone. On the oil market, the bulls are on a mission to reignite their strength after a significant downturn. For the first half of November, the oil price dynamics were predominantly bearish, casting a shadow over the market. However, the buyers […]

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USOil Is Awaiting Clear Direction Amidst Uncertainty

Market Analysis –  October 31 USOil is awaiting clear direction amidst uncertainty about the price trend. The USOil market is currently experiencing a period of indecision. There is also a lack of clear trends as traders grapple with a variety of factors. In recent days, the market has witnessed a reluctance by the bears to […]

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USOil (WTI) Bulls are Nearing Climax

Market Analysis – October 23 USOil (WTI) bulls are nearing climax despite prevailing strength. The oil price continues to surge, with the potential to breach the key 90.230 market level soon. However, with this upward momentum, there is a looming risk of exhaustion. The strength of the bullish trend has intensified, particularly in the past […]

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USOil (WTI) Price Shows Signs of Resurgence as Buyers Take Control

Market Analysis – October 14 USOil (WTI) price shows signs of resurgence as buyers take control. The US oil market has witnessed a notable shift in momentum as buyers stage a late-week rally. Just a few weeks ago, it was the bears who seemed to hold sway over the oil market.   Expectations were running […]

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US Oil (WTI) is Under Increasing Bearish Pressure

Market Analysis- October 7 US Oil (WTI) is under increasing bearish pressure. The US Oil (WTI) market has seen significant bearish momentum dominate its landscape recently. Last week, the bears came roaring back, challenging multiple key levels. They eventually disrupted the bullish trend that had been prevailing for much of September. This October, the bearish […]

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US Oil (WTI) Shows Signs of Weakness

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 […]

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US Oil (WTI) Regains Bullish Sharpness

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. […]

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US Oil (WTI) Bulls Edge Close to the 91.009 Price Level

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 […]

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