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. […]
కీలక ప్రతిఘటన స్థాయిలు: $80.00, $84.00, $88.00కీ మద్దతు స్థాయిలు: $66.00,$62.200,$58.00 USOIL (WTI) దీర్ఘకాలిక ట్రెండ్: బేరిష్‌యుఎస్‌ఓఐఎల్ $97 కంటే ఎక్కువ ఇండెక్స్ కలిగి ఉన్నందున డౌన్‌ట్రెండ్‌లో ఉంది. ఇండెక్స్ ధర 50-రోజుల SMA కంటే ఎక్కువగా ఉంది కానీ 21-రోజుల లైన్ SMA కంటే తక్కువగా ఉంది. మార్కెట్ మరికొన్ని రోజుల పాటు రేంజ్ బౌండ్ కదలికను తిరిగి ప్రారంభించవచ్చని ఇది సూచిస్తుంది. అయినప్పటికీ, […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has broken above the moving averages as it is stuck below $114. WTI is likely to rise to the upside as price is above the moving averages. Meanwhile, on March 24 uptrend; a retraced candle body tested the 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 […]
కీలక ప్రతిఘటన స్థాయిలు: $80.00, $84.00, $88.00కీలక మద్దతు స్థాయిలు: $66.00,$62.200,$58.00 USOIL (WTI) దీర్ఘకాలిక ట్రెండ్: ఎద్దులు మళ్లీ పుంజుకోవడంతో బుల్లిష్‌యుఎస్‌ఓఐఎల్ సాఫీగా అప్‌ట్రెండ్‌లో ఉంది. ఫిబ్రవరి 24న, ఇండెక్స్ గరిష్టంగా $100 వరకు ర్యాలీ చేసింది. అదే సమయంలో, ఇండెక్స్ ఒక్కసారిగా $90 కనిష్ట స్థాయికి పడిపోయింది. WTI ఇప్పుడు పైన కదులుతోంది […]
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 […]
