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Hellena | Oil (4H): LONG to 50% lvl Fibo area of 70.00.Colleagues, after a long break, I think it is worth returning to oil forecasts. The situation is stabilizing a bit and now I think that the price is in a strong correction (ABC) at the moment I see wave “B”, which may reach the area of 50% Fibonacci 70 level. It is possible that wave “A” will continue to develop towards the 62-63 area, but I still hope for an upward movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDELong
by Hellena_Trade
7
WTI CRUDE OIL USD WEEKLY ANALYSIS Price is reacting from a weekly FVG just below the 50% of a larger range, with some bullish momentum possibly fueled by recent geopolitical tensions. But price is still within a bearish range acting as resistance, so upside may remain limited unless structure shifts. A daily bullish OB below the 50% of that range could offer a solid pullback entry if price retraces which is aligning with the broader narrative and upside liquidity. Im having a neutral view of this and leveraging on both sides. What are your thoughts?
EASYMARKETS:OILUSD
by AnthonyAaron
Will crude oil prices continue to decline?On Tuesday, oil prices fell by 6%, hitting a two-week low, as market expectations that a ceasefire between Israel and Iran would reduce the risk of supply disruptions in Middle Eastern oil. WTI crude oil fell below $64 per barrel intraday, eventually closing down 3.35% at $64.96 per barrel; Brent crude oil closed down 3.7% at $67.73 per barrel. With the easing of the Israel-Iran conflict, the trading logic of the crude oil market will return to fundamentals. For now, the consumption peak season has hedged the pressure from OPEC+ production increases. Although U.S. crude oil demand has not shown eye-catching performance, OPEC+ production increases have also fallen short of expectations. In the later stage, attention needs to be paid to the geopolitical situation and the landing of OPEC+ production increases. Looking ahead to the second half of the year, factors such as continued OPEC+ production increases, weak demand, and supply surplus will still dominate oil price movements. The daily chart of crude oil closed with a bearish hammer line, in a two-day bearish pattern. After breaking the high, crude oil fell rapidly, indicating signs of the end of the oil price rally. Today, the focus is on whether the oil price continues to break down. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results. Trading Strategy: sell@67.0-68.0 TP:63.0-64.0
FX:USOILShort
by MyronWilson
CRUDE OIL poised to go UP AGAIN? Usually my posts on crude oil are short. but here’s a longer one for a change. Back in December, I predicted that crude oil would hit the highlighted zone around $57. That’s exactly what happened, hit the target and bounced. Over the past two weeks, we’ve seen wild swings in crude oil prices as tensions between Iran and Israel escalated. But now, following the ceasefire announcement brokered by President Trump, and considering Iran’s response over the past couple of days, crude oil has dropped below its pre-conflict price levels. While I truly hope for a peaceful world where no innocent lives are harmed, my personal view is that this ceasefire feels fragile and may not last long. So, what’s next for crude oil? Up or down? If the ceasefire holds and we don’t see further conflict in the Middle East, I think crude oil could hover in the $65–$75 range. There’s even a slim chance we dip as low as $45. However, based on my technical analysis model, and my doubts about the durability of the ceasefire, I expect oil prices to rise in the next 6 to 9 months. My targets? $78 and $85. Of course, I might be wrong this time. :) Cheers!
NYMEX:CL1!Long
by SamanFx0
Crude Oil Gets Trapped Back Inside 3-Year Down trending ChannelAfter failing to close above the upper border and the 78 resistance level, and amid renewed hopes for a Middle East ceasefire, oil prices dropped sharply back toward the neckline of the inverted head and shoulders formation—initially broken ahead of the recent war escalation—at 64.70. A sustained move below that neckline could target crude prices toward the mid-zone of the established channel, near 63.40 and 61.40, where another rebound may take shape. On the upside, if a clear recovery re-emerges above the 72-mark, the potential for a breakout above the 78-resistance could return, opening the door to revisit the 80 and 83.50 highs. — Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
Oil Price: Breakout or Fakeout? Watch This Zone Closely Technical Overview: The current price action is testing the upper boundary of a descending wedge, a bullish reversal pattern. The recent strong green candle indicates a potential breakout attempt, yet price is hovering near a critical resistance level at $74.20 (Fib 0.5). Key levels from the Fibonacci retracement are: 🔼 Resistance at $74.20 (0.5), then $78.16 (0.618) 🧲 Local support at $69.78 (0.382) 🛡️ Strong demand zone near $63.81 (0.236) if rejection occurs Structure + Patterns: Price has been compressing inside a falling wedge, which statistically resolves to the upside. The breakout candle broke above the 20 EMA and touched the upper wedge resistance — signaling a decision point. Volume is rising on bullish candles — initial confirmation of buyer interest, but not yet decisive. Scenarios to Watch Bullish Case: Break and close above $74.20 on higher volume → likely move toward $78–$86 resistance zone. Confirmation of wedge breakout could trigger trend reversal, aligning with bullish fib levels. Momentum could accelerate if macro factors support demand (see geopolitics below). Bearish Case: Failure to close above $74.20 = fakeout risk → price may reject down to $69.78 or even retest $63.81. Bearish rejection wick on the daily/4H would be an early signal. Macro & Geopolitical Factors to Monitor: Middle East Tensions: Any escalation (especially around Iran or shipping lanes) could spike oil due to supply fears. US Strategic Reserves & Elections: Moves to refill reserves or control inflation could support demand. China Demand Recovery: Data showing improved industrial output or stimulus from PBoC may strengthen global oil outlook. Final Thoughts: Price is at a pivot zone — breaking this wedge with strength could shift the short-to-midterm trend. Until then, this remains a "show me" breakout . Watch how the next 1–2 weekly candles close around the $74–$75 area to confirm direction.
NYMEX:CL1!Long
by SheTradesHub
Crude Could Rally to $75 — Entry Opportunity Still Alive at $68Brent Crude Oil is setting up for a potential bullish continuation on the 4-hour timeframe. After a sharp pullback from its recent high near $76.28, price found support around the $65.93–$66 zone—an area that previously acted as strong resistance and now serves as a bullish flip level. The price is consolidating above this reclaimed support and forming a base within the Ichimoku cloud, indicating a possible accumulation phase before the next leg higher. Ichimoku components support the bullish outlook: the cloud remains green, the Tenkan-sen is curling upward, and price is stabilizing above both the Kijun-sen and the flat Senkou Span A. These are typically early signs of a bullish continuation. The bullish thesis is further strengthened by broader geopolitical risks, particularly Iran’s increased influence over the Strait of Hormuz, which remains a critical oil transit route. Any disruption in this corridor could immediately pressure global supply and send oil prices higher. This aligns with recent bullish projections (not exactly with the pricing but with the intent): Citi forecasts Brent could reach $75–78 if Iran related disruptions cut 1.1 mbpd, while Goldman and JPMorgan warn $100–120+ spikes if the Strait of Hormuz is threatened. The Guardian notes the shipping chokepoint transports ~20% of global oil, and even brief disruptions could add $8–30 / barrel in volatility. Trade Setup: • Entry: $67–$68 • Stop-Loss: $65 • Take Profit: $75 This provides a risk-reward ratio of 1:4, with nearly 12% upside potential. Given the convergence of strong technical structure and real-world catalysts, this setup offers a compelling opportunity for bullish Brent traders aiming to catch the next breakout.
BLACKBULL:BRENTLong
by SupertradeOfficial
The latest layout for crude oil today.With geopolitical risks gradually easing, oil prices have deviated significantly from macroeconomic and fundamental guidance. While Iran's situation has shown signs of mitigation, the single-day decline in oil prices was excessive. We believe current oil prices have reached a reasonable range: short positions can still be held, but chasing further shorting is no longer advisable. On the daily chart, crude oil formed a large bearish candlestick with both no upper and lower shadows, directly breaking below support and continuing to decline. After breaking above the previous high, the breakdown of support indicates that oil prices are falling back again to seek a new trading range. Today, the focus remains on the sustainability of the bearish momentum. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results. Trading Strategy: sell@68.5-69.0 TP:64.5-64.0
FX:USOILShort
by MyronWilson
Is the oil market signalling de-escalation?After an initial 6% spike at the open, U.S. crude oil futures reversed sharply—falling into negative territory—as markets priced in the possibility that Iran's latest retaliation may be more symbolic than escalatory. According to President Donald Trump, Iran gave advance notice before launching missiles at a U.S. base in Qatar, allowing defences to intercept the attack and resulting in no reported casualties. While Tehran publicly described the strike as “devastating and powerful,” the lack of impact on the ground and the pre-warning have fuelled speculation that Iran was aiming to save face without triggering a broader conflict. The swift reversal in oil prices reflects that sentiment. For now, the market appears to be signaling that escalation may pause here.
BLACKBULL:WTI
by BlackBull_Markets
Brent Crude still in controlled yr 2025 range ~ 75 - 71 - 63 USThe Brent crude oil price today underwent a technical correction in the D1 / Day time frame as seen from a technical analysis standpoint. It has not yet broken out to indicate Panic in markets of while being within controlled thresholds . 2025 opening price level : USD 75 ; MAY face support at USD 71 which is JUNE resistance ; can range around this price line Next drop below June 2025 opening price : USD 63 Experience in markets also say that in order to go Up , markets need a timely Correction (preliminary down move )too !! Time to Wait and Watch !
VELOCITY:BRENT
by xnik_analyst
WTI CRUDE OIL: Massive 4H MA50 bearish breakout.WTI Crude Oil has turned neutral again on its 1D technical outlook (RSI = 48.933, MACD = 2.900, ADX = 47.682) as it just broke with force under the 4H MA50. Every time this has taken place in the recent past, a strong downtrend followed. The last such selling sequence dropped by -23.71%. The 4H RSI is on the exact same spot as then. We are bearish, TP = 59.00. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILShort
by InvestingScope
KOG - OILQuick look at Oil. There is a pivot here in the golden zone around the 70.5 level which we can dip into. Above that level, we would be looking for higher oil with the potential target level on the chart. Note, oil is due a huge pull back, so rejection from one of these resistance levels can give us that pull back in order to get better pricing to long. We've added the red boxes from the indicator to help you navigate the move. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
TVC:USOIL
by KnightsofGold
16
Yen slides on oil supply jitters after US attack on IranThe Japanese yen has started the week with sharp losses. In the European session, USD/JPY has jumped 1.2% on the day and is trading at 147.82. The yen has fallen to five-week lows against the US dollar. The fallout from the US attack on Iranian nuclear facilities over the weekend is being felt in the currency markets. The Japanese yen, traditionally a safe-haven currency, continues to depreciate, in response to rising oil prices. Oil prices rose to their highest level since January on Monday after the US attack on Iranian nuclear facilities. Iran has threatened to close the Straits of Hormuz, a critical trade route through which 20% of the world's oil supply passes through each day. Oil prices have jumped about 10% since the Israel-Iran war started on June 13 and fears of a disruption to oil supply could further boost oil prices. As oil prices have climbed, the yen has lost ground, declining 3.0% since the Israel-Iran war started. Japan imports almost all of its oil and the rise in oil prices is hurting Japan's trade balance. Japan's core inflation rate climbed 3.7% y/y in May, up from 3.5% in April. Core CPI has accelerated for a third straight month and hit its highest level since Jan. 2023. This was above the market estimate of 3.6%. Headline inflation ticked lower to 3.5% from 3.6% in April, below the forecast of 3.6%. The rise in core CPI supports the case for the Bank of Japan to boost interest rates, but the uncertainty over tariffs and the Israel-Iran war will likely mean that the BoJ will stay on the sidelines in the coming months. There is resistance at 146.91. Next, USD/JPY is testing resistance at 147.61 146.51 and 145.81 are the next support levels
by OANDA
USDJPY H2 Best Level to SHORT/HOLD TP +100/+200 pips🏆USDJPY H2 Market Update H2 chart 📊 Technical Outlook 🔸trading in well defined range 🔸trading near range highs now 🔸range highs set 148.40/148.80 🔸range lows set at 140.80/141.40 🔸strategy: SHORT SELL from resistance 🔸SL 60 pips TP1 +100 pips TP2 +200 pips 🔸swing trade setup for patient traders 🌍 FX Market Snapshot — June 2025 🇪🇺 EUR/USD (~1.1500) Euro climbs near 1.15 as eurozone inflation cools and ECB turns more dovish. Stable German sentiment provides support, but softer CPI could limit gains. 🔑 Support: 1.1445 | Resistance: 1.1550 🇬🇧 GBP/USD (~1.3435) Pound slips toward 1.34 after recent highs, as UK data remains mixed. Manufacturing picks up, but falling inflation boosts BoE rate cut bets. 🔑 Support: 1.3400–1.3420 | Resistance: 1.3500 🇺🇸 DXY (US Dollar Index, ~99.14) Dollar edges higher as investors seek safety amid geopolitical tensions. Mixed US economic signals; eyes on upcoming job data. 🔑 Support: 98.80 | Resistance: 100.00 🇯🇵 USD/JPY (~147.4) Dollar rallies above 147 as yen weakens; BOJ stays ultra-loose. Oil price spikes add extra pressure on JPY. 🔑 Support: 145.0 | Resistance: 148.5 📊 Quick View Pair Rate Support Resistance Key Theme 🇪🇺 EUR/USD ~1.1500 1.1445 1.1550 Dovish ECB, soft CPI 🇬🇧 GBP/USD ~1.3435 1.3400–1.3420 1.3500 Mixed UK data 🇯🇵 USD/JPY ~147.4 145.0 148.5 Yen weakness 🇺🇸 DXY ~99.14 98.80 100.00 Geopolitical risks
Short
by ProjectSyndicate
27
Crude Oil Strategy LayoutThe rise in oil prices on Monday will not only push up household daily expenses such as fuel and heating costs, but also increase corporate operating costs, which may in turn suppress consumption and investment activities. Ellen Zentner, Chief Economic Strategist at Morgan Stanley, pointed out in a Sunday analysis that against the backdrop of the Trump administration's high tariff policies, the U.S. economy was already facing pressure from a slowdown in growth, and the further increase in oil prices would exert "powerful pressure" on household consumption capacity. This may not only weaken consumers' willingness to purchase, but also drag down the pace of overall economic growth. Crude oil showed a gap-up and then decline trend today, falling sharply from around $77.7. Oil prices gradually corrected today, with the lowest point touching around $72.5 and hovering there. Currently, oil prices are hovering above the support level of 72.0, which is expected to be the bottom support of the box movement. Taken together, crude oil is in a high-range consolidation. In terms of operation, it is considered to lay out long positions on pullbacks. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results. Trading Strategy: buy@72.0-72.5 TP:75.0-75.5
FX:USOILLong
by MyronWilson
Crude Oil Eyes 3-Year Channel BreakoutCrude Oil trades between Israel-Iran-Conflict supply risks, overbought momentum, and the potential for a 3-year channel breakout. While upside risks from a possible Strait of Hormuz closure remain uncertain, a firm hold above $78 could extend gains toward $80 and $83.50, keeping oil on a bullish edge for H2 2025. A pullback into the channel may ease inflation concerns and reassert bearish pressure below the $80 mark. Key support lies at $72 for a potential downside resumption. - Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
Crude Oil Prices Rocketing amid geopolitical risks NYMEX:CL1! NYMEX:MCL1! NYMEX:BZ1! Macro: Geopolitical tensions remain high and markets are now likely to price in our scenario discussing ongoing air and missile war, given one-off intervention from the US thus far. According to Reuters, the U.S. now assesses that Iranian retaliation could occur within the next two days.What happens next is anybody’s guess but as traders, it is important to navigate these uncertainties with scenario planning and/or reduce risk to account for increased volatility. We also get Services and Manufacturing PMI data today and PCE Price Index on Friday. Chair Powell is set to testify on Tuesday 9am CT. Key levels: Jan 2025 High: 76.57 2025 High: 78.40 2025 CVAH(Composite Value Area High): 75.68 Key LIS zone: 73.50-73.15 We anticipate the following scenarios in crude oil: Scenario 1: Prices remain elevated as tensions remain high, despite limited retaliation, however, the situation overall now escalated beyond return to diplomacy. Scenario 2: Any push towards de-escalation, unlikely in our analysis, but given the headline risk, crude prices may remain volatile and come off the highs. Given our key LIS (Line in Sand) zone above, we favor longs above this and shorts below this zone.
NYMEX:CL1!
by EdgeClear
USOIL Is Very Bullish! Long! Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 73.546. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 79.365 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. 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:USOILLong
by SignalProvider
1