Market Analysis – December 15th USOil (WTI) bulls strive for a reversal as the oil market shows a bullish one. The oil market is wrapping up the week with a bullish tone as the bulls attempt to stage an uprising. However, they have been struggling to break through the significant level of 72.510. Despite the […]
Market Analysis – December 2 USOil (WTI) buyers defend the 74.530 key zone. The oil price is currently experiencing a situation where buyers are defending a key zone at 74.530. This means that buyers are actively preventing the price from falling below this level. The reason behind this defense is the lack of ambition among […]
Market Analysis – November 27 USOil (WTI) sellers want to maintain a bearish course. The recent dynamics in the USOil market reveal a persistent absence of buyer activity. Unlike the bullish momentum witnessed in July, recent weeks reflect a weakened stance from buyers. The earlier bullish push, triggered by a breakthrough above the 72.440 level, […]
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 […]
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 […]
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 […]
