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Market Analysis: WTI Crude Oil Face HurdlesMarket Analysis: WTI Crude Oil Face Hurdles Crude oil is attempting a recovery wave but upsides could be limited. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil prices started a recovery wave from the $66.00 support zone. - There is a key bullish trend line forming with support at $67.50 on the hourly chart of XTI/USD at FXOpen. WTI Crude Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price remained in a bearish zone below the $70.00 level against the US Dollar. The price started a fresh decline below the $68.00 support. The price even dipped below the $67.50 level and the 50-hour simple moving average. Finally, the bulls appeared near $66.00 and the price started a recovery wave. The price recovered above $67.50 and tested the $68.50 zone. The price is now consolidating gains below the 23.6% Fib retracement level of the upward move from the $66.54 swing low to the $68.48 high. There is also a key bullish trend line forming with support at $67.50. If there is a fresh increase, it could face resistance near the $68.30 level. The first major resistance is near the $68.50 level. Any more gains might send the price toward the $69.20 level. The main resistance could be near the $70.00 level. Conversely, the price might continue to move down and revisit the $67.50 support and the 50% Fib retracement level of the upward move from the $66.54 swing low to the $68.48 high. The next major support on the WTI crude oil chart is $67.00. If there is a downside break, the price might decline toward $66.55. Any more losses may perhaps open the doors for a move toward the $66.10 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XTIUSD
by FXOpen
1
USOIL Is Very Bearish! Short! Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 69.379. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 67.044 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
2
OIL Today's strategyIn the medium term, because the lower edge of the channel has been broken, the short force is relatively dominant, and crude oil may face certain downward pressure. However, today's crude oil prices are affected by tightening expectations on the supply side, geopolitics and other factors, and the short-term trend is strong, and there is a certain upward momentum on the technical side. Investors need to pay close attention to the breakout of key support and resistance levels. OIL Today's strategy buy@67.5-68 tp:69-69.5 We share various trading signals every day with over 90% accuracy Fans who follow us can get high rewards every day If you want stable income, you can contact me
TVC:USOIL
by HenryClarke
Crude Oil Week AheadFrom a weekly time frame perspective, oil prices have continued to respect the boundaries of a declining channel since the 2022 highs, reaching three-year lows in 2025, in alignment with the long-standing support zone between $64 and $66 that has held since 2021. After recently rebounding from the $65 level, a decisive close below $63.80 would confirm further downside potential, opening the way toward key support levels at $60, $55, and, in more extreme scenarios, $49. If the support zone holds, resistance levels within the declining channel may come into play at $70.80, $72.60, $74.30, and $76. A breakout above the channel’s upper boundary and a sustained hold above $78 could shift the outlook to bullish, with potential resistance at $80, $84, $89, and the $93–$95 range. Despite a complex mix of OPEC quotas, U.S. policy shifts, Chinese economic dynamics, global growth uncertainty, renewable energy demand, and escalating geopolitical tensions, oil remains bearish and range-bound—awaiting a decisive breakout. Written by Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
1
USOIL Today's analysisUSOIL is at 68.335. Technically, I'm bearish short - term.​ The strong resistance at 69.000 has repeatedly blocked upward moves. Heavy selling occurs near this level, making it a firm price cap.​ There are two key supports. 67.000 has halted drops before. If breached, 66.30, a crucial level from past down - trends, comes into play.​ With the price below 69.000, facing downward pressure and bearish sentiment, USOIL may decline soon. There's no strong bullish factor to push it higher. The downward - sloping momentum and proximity to supports suggest a downward path. Traders should be cautious and might consider short - term short positions, with risk control, as the price may test 67.000 first, then 66.300 if the bearish trend persists. 💎💎💎 USOIL 💎💎💎 🎁 Sell@68.500 - 69.000 🎁 TP 67.000 - 66.300 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
TVC:USOILShort
by BenGray9
1
WTI Oil H4 | Rising into 50% Fibonacci retracementWTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 69.23 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement. Stop loss is at 70.70 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance. Take profit is at 66.44 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILShort
by FXCM
USOIL Trading Strategy: Secrets to Consistent ProfitsThe situation in the crude oil market has been complex recently. On the supply side, it is affected by the uncertainty of the OPEC+ production increase plan, the recovery of U.S. shale oil production, and the potential supply risks in Iran. On the demand side, due to the weak momentum of global economic recovery and trade disputes, demand has been suppressed. However, the rising market expectations of the Federal Reserve's interest rate cut may boost crude oil demand if the loose monetary policy is implemented. In terms of inventory, although U.S. crude oil inventories have decreased slightly recently, there is still pressure for inventory accumulation, and the decline in the geopolitical risk premium has weakened the support for oil prices. In the short - term, the crude oil price was blocked and retraced at the upper edge of the trading range. Eventually, it rebounded and recovered, yet failed to break through to a new high. The bullish and bearish forces are locked in a stalemate. Objectively, the short - term trend direction remains unclear, while subjectively, it is biased upward. It is expected that crude oil will break through the resistance at the upper edge of the range and continue to rise today, though with limited upside potential. USOIL Trading Strategy sell@68.5-69 tp:67-66.5 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
TVC:USOILShort
by JohnGonzalez7
USOIL Strategy AnalysisThe current stabilization of oil prices reflects a delicate equilibrium between bullish and bearish factors. While the prospect of a Ukraine-Russia ceasefire poses upside risks to supply, OPEC+ production cuts and Iranian sanctions provide floor support for prices. In the near term, market uncertainty will dominate price action as investors monitor Monday's negotiations and this week's US inventory data. If the ceasefire talks fail, oil prices could rebound on rising geopolitical risk premiums; conversely, watch out for potential OPEC+ strategy adjustments to address oversupply. Oil trading strategy： sell @ 68.5-68.8 sl 69.1 tp 67.2 If you are currently unsatisfied with your crude oil trading performance and need daily accurate trading signals, you can visit my profile for free strategy updates every day.
TVC:USOILShort
by George_Lester
WTI Price Analysis: Key Insights for Next Week Trading DecisionOil prices are showing signs of recovery after a strong bearish move, with $68.00 as a key level that will play a significant role in guiding our trading decisions for the new week. 📌 Key Technical Outlook: 🔹 Oil is currently trading within an ascending channel on the 4H timeframe. 🔹 I’ll be watching for a breakout/retest of the channel resistance and $68.50 for buying opportunities. 🔹 If selling pressure remains below the resistance line of the channel and the $68.00 key level, I will be considering selling opportunities. 📌 Major Market Drivers: 🔹 US Sanctions on Iran: The US Treasury imposed new sanctions targeting entities involved in supplying Iranian crude oil to China. Analysts expect a 1 million bpd drop in Iranian exports, which could support prices. 🔹 OPEC+ Production Cuts: A new plan will see seven member nations cut production by 189,000–435,000 bpd per month until June 2026. 🔹 Geopolitical Risks: Ongoing tensions in the Middle East & the Russia-Ukraine war continue to add a risk premium to oil prices. 📅 Key Economic Events on Our Radar Next Week: 🛢 Tuesday: API Crude Oil Stock Report – Offers insight into US oil inventory levels. 🛢 Wednesday: EIA Crude Oil Inventories Report – A key supply indicator affecting price movements. 🗓 Tuesday: US S&P Global PMI – Important for economic sentiment and demand expectations. 🗓 Thursday: US GDP (Q4 Final) – Provides clues on economic growth and potential impact on oil demand. 🗓 Friday: US Core PCE Index – The Fed’s preferred inflation measure, critical for policy direction. Oil remains bullish in the short term, but I’ll be monitoring price action closely at $68.00 and $68.50 for trade setups. We’ll break it all down in Forex Morning Mastery tomorrow—stay tuned! 🔥📈
TRADU:USOILSPOT
by darcsherry
USOIL Technical Analysis! SELL! My dear friends, My technical analysis for USOIL is below: The market is trading on 68.25 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish Bearish continuation. Target - 67.21 Recommended Stop Loss - 68.91 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
TVC:USOILShort
by AnabelSignals
1
WTI - Positioning for Upside After Anticipated CorrectionThe US Light Crude 4-hour chart shows price action currently oscillating near the $68,60 level after recovering from early March lows. The recent price structure suggests we may see a short-term pullback before a stronger upward move develops. The chart indicates a potential bullish scenario with price expected to eventually rally toward the blue reaction zone (around $69,00-$69,50) after a possible retracement. This anticipated upside move is supported by the higher lows forming since mid-March and the overall recovery pattern from the $65,67 support level (marked by the red line). A prudent approach would be monitoring for reversal signs at lower levels before positioning for the higher probability move toward the blue reaction zone, with the orange resistance at $70,77 serving as the ultimate target if bullish momentum accelerates. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:WTILong
by financialflagship
USOIL Daily Analysis: Bullish Reversal from Key Support USOIL (WTI Crude Oil) daily chart showing price action analysis. Key Observations: Support Zone: A strong demand zone is marked around $65-$66, which has acted as a reversal area in the past. The price has recently bounced off this zone, indicating potential buyer interest. Current Price Action: Price is currently trading at $68.25. A bullish move started from the support region, with a higher low formation suggesting potential upside momentum. Potential Scenario: The chart suggests a pullback before continuation to the upside. If the support holds, $70-$72 could be the next target. If price fails to hold above $66, further downside towards $64 may be possible. Outlook: Bullish Bias 📈 as long as the price remains above the demand zone. Watch for a higher low confirmation before entering a long trade. Breakout above $70 could signal a stronger rally.
TVC:USOILLong
by MrStellanSight
Crude oil-----sell near 69.00, target 67.00-66.00Crude oil market analysis: Recently, crude oil has been hovering at the bottom. There are short-term stabilization signals, but it is basically difficult to turn around if you don't buy at 70.00. Today's idea is still bearish. Crude oil is sold regardless of weekly or short-term. Today's idea is still to sell at a high price and bearish. Crude oil pays attention to the inventory data later. Operational suggestions: Crude oil-----sell near 69.00, target 67.00-66.00
NYMEX:CL1!Short
by BraveTigercat
USOIL in Limbo: Will 66 Holdor70 Break? Next week, the trend of USOIL still remains highly uncertain. Technically, the current price is continuously fluctuating within a range. Around $70 serves as a strong resistance level, while $66.05 is a key support level. Fundamentally, the tense geopolitical situation and the supply decisions of OPEC+ provide some support for oil prices. However, the slowdown in global economic growth, coupled with the increase in US crude oil production, exerts downward pressure on oil prices. Barring unforeseen events, USOIL is likely to trade in the range of $66 - $70. Once the key levels are broken through, the direction of the trend will become clear. In terms of trading operations, it is recommended to adopt a "buy low and sell high" strategy within the range of $67.5 - $69.5. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
TVC:USOILShort
by JohnGonzalez7
Oil - Expecting Retraces and Further Continuation HigherH1 - Bullish trend pattern in the form of higher highs, higher lows structure Strong bullish momentum Bearish divergence on the moving averages of the MACD indicator. Expecting retraces and further continuation higher until the two strong support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:WTILong
by VladimirRibakov
Brent crude: We maintain our USD 65 to USD 85 range for the yearBrent crude's current momentum has taken prices to a three-week high, with the latest move being supported by a combination of underinvested hedge funds, improved risk sentiment following a softening in the tone regarding tariffs after Trump indicated some nations could receive breaks from "reciprocal" tariffs starting next week on 2 April, and not least, the mentioned secondary tariffs on buyers of Venezuelan crude, which, together with Iran sanctions, may help tighten supply. Overall, we maintain our USD 65 to USD 85 range for the year, with the near-term upside potential being limited by resistance now seen in a band between USD 73.80, the 0.382 Fibonacci retracement of the January to March selloff, and USD 74.10, a level that provided support on several occasions last month before the eventual break triggered a slump extension to near USD 68.
ICEEUR:BRN1!
by Saxo
US Crude Oil (WTI) LONG setup Your **US Crude Oil (WTI) buy setup** is structured with proper risk management in mind. Here's a breakdown of the key elements: ### 📌 **Entry Point: 69.600** This is the price at which you plan to enter a long (buy) position. You should wait for confirmation (such as support holding, bullish candlestick patterns, or volume increase) before executing your trade. ### 🎯 **Target Price (TP): 71.100** This is your take profit level, where you will close your trade to lock in profits. The difference between the entry and target price is **1.500 points**, which represents your potential reward. ### 🛑 **Stop Loss (SL): 68.900** This is the price level where you will exit the trade if the market moves against you. The difference between the entry and stop loss is **0.700 points**, representing your potential risk. --- ### ⚖️ **Risk-Reward Ratio (RRR): 1:2.14** - **Risk = 0.700 (Entry - Stop Loss)** - **Reward = 1.500 (Target - Entry)** - **Risk-Reward Ratio (RRR) = Reward ÷ Risk = 1.500 ÷ 0.700 ≈ 2.14** Since your **RRR is greater than 1:2**, this is a solid setup from a risk management perspective. It means that for every $1 you risk, you are aiming to gain about $2.14, which is a positive risk-to-reward trade. --- ### ✅ **Money Management (MM) Tips** - **Position Sizing:** Ensure your lot size aligns with your risk tolerance. Example: If you risk 1% of your account per trade, adjust your lot size so that a 0.700 move against you equals 1% of your capital. - **Wait for Confirmation:** Look for bullish signals before entry (e.g., candlestick patterns, moving average support, or RSI above 50). - **Set Alerts:** Use alerts at key levels to monitor price movement instead of staring at charts all day.
CFI:WTILong
by TradingStar090