Market Analysis – March 5th USOil (WTI) loses sharpness amidst fresh momentum. The recent movements in the USOil (WTI) market reflect a mix of momentum and struggle. Despite the bold attempts to breach the significant level of 80.030, the crude oil market has faced challenges in maintaining sharpness. Throughout February, buyers showed interest, gaining an […]
Market Analysis – February 24th USOil bearish turn gradually comes to sight. The price of oil, particularly US oil, has been a subject of great interest and speculation among traders and investors. In recent times, there has been a notable shift in market sentiment towards USOil, hinting at a potential bearish turn. USOil (WTI) Key […]
Market Analysis – January 13th USOil consolidate as bulls make solid gains this week following a bearish purge last year. The USOil market is currently in a consolidation phase, despite the solid gains made by the bulls this week. The bulls have shown reasonable strength, but the oil market has been reluctant to break out […]
Market Analysis – January 6th USOil buyers intercept sellers, creating the potential for bullish action.The bearish course of WTI (USOil) has encountered obstacles due to a lack of significant liquidity flow. This week, buyers have seized a trading opportunity from sellers. This resulted in a quick drive from the 69.300 significant level and a revival […]
Market Analysis – December 29th USOil Price remain poised for an aggressive decline as bears maintain control. The price of oil is showing signs of continuing its aggressive decline, potentially breaking below the significant level of 71.00. The bears are staggering but still determined to break through this key level, indicating a higher likelihood of […]
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 8th USOil (WTI) sellers shake buyers and off momentum. According to technical analysis, the oil market has seen a shift in momentum from sellers to buyers. The sellers had been in control for a while, but since October, the buyers have started to gain ground. Before that, the buyers had a […]
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 – 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. […]
