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 since December 2 but faces rejection at $94.63. On February 4, the index rallied to a high of $93.14 and pulled back to the low of $88.53. The upward move has begun as price breaks the recent […]
Nøkkelmotstandsnivåer: $80.00, $84.00, $88.00Nøkkelstøttenivåer: $66.00,$62.200,$58.00 USOIL (WTI) Langsiktig trend: BullishUSOIL er i en jevn opptrend når den når en overkjøpt region til $93.14. Den oppadgående bevegelsen har fortsatt med uforminsket styrke etter å ha brutt motstanden på nivå $84.63. I dag har USOIL-opptrenden nådd det høyeste på $93.14 og trukket seg tilbake. Den oppadgående […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but WTI risks a possible decline. Since January 18, the upward move has been facing resistance. On January 19, WTI was repelled at the $87.90 high. The index declined to the low of $83 and resumed […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but faces rejection at $87.50. It is retracing after breaking above the overhead resistance. The index reached the overbought region of the market. It is facing rejection at $87.50 high. The overhead resistance has not been […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but can bulls overcome $84 resistance?. Since December 2, the index has been on the rise. USOIL is rising to revisit the previous peak price of $84. WTI will face rejection at the recent high. The […]
Nøkkelmotstandsnivåer: $80.00, $84.00, $88.00Nøkkelstøttenivåer: $66.00,$62.200,$58.00 USOIL (WTI) Langsiktig trend: BearishUSOIL er i et oppadgående trekk da det står overfor avvisning på $78. Indeksprisen bryter over 21-dagers linje SMA, men står overfor avvisning ved 50-dagers linje SMA. Ettersom indeksen står overfor avvisning på det siste høye nivået, vil WTI falle og […]
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 an upward move as it reaches an overbought region. The index price has broken above the 21-day SMA. The bullish momentum is ongoing as price approaches the 50-day SMA. The bottom line is that if price breaks above the […]
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 downward move as it battles the resistance at $73. After the bearish impulse of November 30, the bulls bought the dips. WTI has corrected upward but it is facing resistance at the $73 resistance. USOIL is retracing to […]
