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. […]
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 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 […]
US Oil Analysis – Buyers Seeks Out Price Expansion US Oil pushes for more gains despite consolidation. The bulls have maintained a positive price tendency throughout this week, leading to the possibility of a breakout beyond 74.530. Despite this potential, any reduction in buyers’ buying strength could mean the Crude Oil market is set to […]
