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 […]
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 […]
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 […]
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 […]
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 […]
