Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL price has regained bullish momentum as it struggle to sustain above $104 high. The downtrend subsided after falling to the low of $92. 96 as bulls bought the dips. On April 12, WTI rebounded as price rallied above the moving averages […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL price has broken below the moving averages as the index risks further decline $87 low. WTI is in the bearish trend zone and may further decline to the downside. The price is making a series of lower highs and lower lows. […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as the index holds above $97. The index price is above the 50-day SMA but below the 21-day line SMA. This indicates that the market may resume a range-bound move for a few more days. Nonetheless, if […]
Taumata Atete Matua: $80.00, $84.00, $88.00Taumata Tautoko Matua: $66.00,$62.200,$58.00 USOIL (WTI) Au Taaroa: Kua pakaru te BullishUSOIL i runga ake i nga tauwaenga neke i te mea ka mau ki raro i te $114. Ko te WTI pea ka piki ake ki runga ake i te mea kei runga ake te utu i nga tauwaenga neke. I tenei wa, i te Maehe 24 te piki ake; I whakamatauhia e te tinana rama kua hoki mai te 78.6% Fibonacci retracement […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has resumed an upward move but faces rejection at $106. Since March 9, the index has been in a downward move as price fell and found support above the 50-day line moving averages. On March 17, the WTI regained bullish momentum […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL is trading in the bullish trend zone as it resumes uptrend at $104. Today, the index is rising as the selling pressure subsides. Meanwhile, on March 8 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend as it reaches an overbought region at $116. The uptrend will continue to rise as long as the price is above the moving averages. Meanwhile, on March 3 uptrend; a retraced candle body tested the 61.8% Fibonacci […]
Taumata Atete Matua: $80.00, $84.00, $88.00Taumata Tautoko Matua: $66.00,$62.200,$58.00 USOIL (WTI) Au-Taaroa: BullishUSOIL kei roto i te pikinga maeneene i te mea ka hoki ano nga puru ki te pikinga hou. I te Hui-tanguru 24, ka piki ake te taurangi ki te $100 teitei. I te wa kotahi, ka tino heke te taurangi ki te iti o te $90. Ko te WTI kei runga ake […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in a smooth uptrend but retraces to $90 low. The uptrend has been ongoing since December 20. The price action is characterized by small body candlesticks called Doji. These are above the moving averages and the bullish trend line. The […]
