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Crude-oil

Light Crude Oil Futures (CL1!), H1 Potential for Bearish dropType : Bearish drop Resistance: 105.59 Pivot: 104.39 Support : 100.38 Preferred case: Price is moving nearer to the pivot level. We are expecting the price to potentially reverse off from our pivot level of 104.39 in line with 50% Fibonacci retracement towards our 1st support at 100.38 which is in line with 50% Fibonacci retracement and horizontal swing low support . Alternative scenario: Otherwise, the price might break our pivot structure and head for the 1st resistance at 105.59 in line with the horizontal pullback resistance. Fundamentals: After sanctions against Russia - the world's second-largest oil exporter and a vital European supplier - over its invasion of Ukraine, oil prices have been boosted by a tighter supply picture. Markets are uncertain and neutral at this current juncture.
NYMEX:CL1!Short
by Genesiv
UKOIL potential for a bounce! | 8th April 2022Prices are approaching a pivot . We see the potential for a bounce from our buy entry at 100.83 in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement towards our Take Profit at 109.49 in line with 127.2% Fibonacci Projection . RSI is at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:UKOILSPOTLong
by FXCM
Light crude oil Futures ( CL1! ), H4 Potential for further dipsType : Bearish dip Resistance : 104.56 Pivot: 102.83 Support : 98.24 Preferred case: Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a dip from our pivot at 102.83 which is a graphical overlap and in line with 38.2% Fibonacci Retracement towards our 1st support at 98.24 in line with 61.8% Fibonacci Projection . Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 104.56 which is a graphical swing high and in line with 78.6% Fibonacci Projection. Fundamentals: Biden Administration stated its intent to release around 1m bbl /day of oil from the SPR to ease the inflation situation in the country, supporting a bearish bias.
NYMEX:CL1!Short
by Genesiv
🛢️ USOIL ❕ (Crude Oil)- Time To Going Up $130 🔔Hello Traders! According to my analysis first, a second things it's what's happening in Saudi Aramco’s Jeddah oil depot hit by Houthi attack. USOIL will be go to a bullish movement start at Monday, as you see in my chart a bullish engulfing candle for a 3H and 4H time frames, on the 2H time frame we see that the bulls or buyers in control above the 200 moving average. the price will be go to the resistance area that represented by red lines Between $115 - $116.5, when it broken the price will be go up to our target at $130 -------------------------------------------------------- Trade Idea for USOIL ( Crude Oil ) : - Wait for a pullback movement at the green support rectangle then buy - TP1 AT $120 - TP2 AT $125 - TP3 AT $130 NB: The probability of what I analyzing, is to be true unless the opposite is proven Feel free dear trader to share with me your opinion, and also your analysis & Follow me for more analysis and also keep watching Have a nice trading
TVC:USOILLong
by UnknownUnicorn9508632
7
WTI @ Crispy Potato28/03/2022 FORECAST FOR WEEK 5 MARCH 2022 = BULL DAYS WEEK 4 OF MARCH FORECAST WAS = BULL = ACCURATE PROBABILITY FOR WEEK 5 MARCH = BULL This week opened Bull with some of the lowest volumes in a while indicating price can easily rise further. Tuesday produced a small bear candle noting an increase in volume, decent too. This didn't produce any move the next day. Wednesday was Bull, a slight drop in volume, Thursday Bear again, with another increase in volume. Friday opened lower but finished small Bull, volume matches Thursday's volume. Path of least resistance says Bull week again. WEEK WEEK 4 OF MARCH FORECAST WAS = NEUTRAL = ACCURATE PROBABILITY FOR WEEK 5 MARCH = BULL This week was a decent bull candle. The volume has picked up again from last week around 5% more. There was little tail on the bottom of this, indicating not a great deal of effort was applied to bring the price lower. The OBV is still affected by the rather large move 3 weeks ago which makes it difficult to interpret.
OANDA:XAUUSDLong
by eatmycrispypotato
USOIL potential for bullish momentum! | 14th March 2022Prices are on bullish momentum and abiding by an ascending trendline. We see the potential for a bounce from our buy entry at 103.9 in line with 61.8% Fibonacci retracement towards our Take Profit at 113.5 in line with 50% Fibonacci retracement . RSI is at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:USOILSPOTLong
by FXCM
USOIL further bullish continuation! | 3rd March 2022Prices are on strong bullish momentum. We see the potential for further bullish continuation from our buy entry at 108.95 in line with 23.6% Fibonacci retracement towards our Take Profit at 115.55 in line with 200% Fibonacci Projection . Our bullish bias is further supported by prices trading above our ichimoku clouds . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:USOILSPOTLong
by FXCM
1