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 […]
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 as it reaches an overbought region at $93.14. The upward move has continued unabated after breaking the resistance at level $84.63. Today, the USOIL uptrend has reached the high of $93.14 and pulled back. The upward […]
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 […]
Niveluri cheie de rezistență: 80.00 USD, 84.00 USD, 88.00 USD Niveluri cheie de suport: 66.00 USD, 62.200 USD, 58.00 USD USOIL (WTI) Tendință pe termen lung: BearishUSOIL este într-o mișcare ascendentă, deoarece se confruntă cu respingerea la 78 USD. Prețul indicelui depășește linia SMA de 21 de zile, dar se confruntă cu respingere la linia SMA de 50 de zile. Pe măsură ce indicele se confruntă cu respingere la nivelul maxim recent, WTI va scădea și […]
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 […]
