On March 12, the price of US crude oil futures electronic disk rose, but the overall daily K-line still showed a suppressed bearish rhythm. The daily RSI fell to 28 (oversold zone), but there was no bottom divergence; the MACD kinetic energy column continued to expand in a negative direction, and the short momentum dominated. However, technical indicators may also trigger a rebound in the oversold area, and it is necessary to pay attention to the breakthrough of key support and resistance levels.
Geopolitics: The situation in the Middle East has become tense again recently, the negotiations on the Iranian nuclear issue have reached a deadlock, the security risks of the Red Sea channel have escalated, and the local conflicts in Eastern Europe have continued, which may lead to interruptions in crude oil supply or transportation, pushing up oil prices. However, Ukraine said it agreed to a 30-day ceasefire, which will reduce the geopolitical risk premium and limit the rise in oil prices.
The US dollar index fell 0.5% on Tuesday to a new low in 2025. The weakening of the US dollar makes crude oil more attractive to buyers using other currencies, providing short-term upside space. But if the subsequent trend of the US dollar changes, it will have a reverse impact on USOIL prices.
USOIL's trend faces the intertwined influence of multiple factors. The fundamental factors of increased supply and demand concerns are generally bearish, but factors such as geopolitical risks, a weaker dollar, and expectations of the EIA report bring certain uncertainties and support. If geopolitical tensions escalate further or unexpected situations such as supply disruptions occur, oil prices may rise; but if global economic growth concerns continue to intensify and expectations of oversupply increase, USOIL prices may continue to fall. Traders need to pay close attention to changes in the above factors and breakthroughs in key support and resistance levels to make reasonable investment decisions.
Trading is not easy. It requires meticulous thinking and rigorous operations. I hope that you, who have had a bumpy journey, can get out of the quagmire of losses as soon as possible and get on the right track of steady gains.
If you don't know when to enter the market, you can follow me. I will release specific signals in real time in the trading center, so stay tuned
USOIL USOIL USOILSPOT
Geopolitics: The situation in the Middle East has become tense again recently, the negotiations on the Iranian nuclear issue have reached a deadlock, the security risks of the Red Sea channel have escalated, and the local conflicts in Eastern Europe have continued, which may lead to interruptions in crude oil supply or transportation, pushing up oil prices. However, Ukraine said it agreed to a 30-day ceasefire, which will reduce the geopolitical risk premium and limit the rise in oil prices.
The US dollar index fell 0.5% on Tuesday to a new low in 2025. The weakening of the US dollar makes crude oil more attractive to buyers using other currencies, providing short-term upside space. But if the subsequent trend of the US dollar changes, it will have a reverse impact on USOIL prices.
USOIL's trend faces the intertwined influence of multiple factors. The fundamental factors of increased supply and demand concerns are generally bearish, but factors such as geopolitical risks, a weaker dollar, and expectations of the EIA report bring certain uncertainties and support. If geopolitical tensions escalate further or unexpected situations such as supply disruptions occur, oil prices may rise; but if global economic growth concerns continue to intensify and expectations of oversupply increase, USOIL prices may continue to fall. Traders need to pay close attention to changes in the above factors and breakthroughs in key support and resistance levels to make reasonable investment decisions.
Trading is not easy. It requires meticulous thinking and rigorous operations. I hope that you, who have had a bumpy journey, can get out of the quagmire of losses as soon as possible and get on the right track of steady gains.
If you don't know when to enter the market, you can follow me. I will release specific signals in real time in the trading center, so stay tuned
USOIL USOIL USOILSPOT 
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.