Get started

Usoilanalysis

US Crude Oil 4H :try to retest US OIL OUTLOOK Oil prices rose on Monday as investors focused on expectations of tighter supplies after Moscow issued a temporary ban on fuel exports amid continuing concerns that another interest rate hike could dampen demand. Technical abstract : We note that the price of Oil was unable to continue the rise, recording a lower peak and providing signs of a possible return to the downward corrective path, waiting to test the 89.35 level initially, noting that breaking this level will push the price towards the 88.04 areas as a next corrective target. Therefore, we expect to witness negative trading during the coming sessions, taking into account that breaching 91.52 will stop the expected decline and lead the price to resume the main upward trend again. The expect range trading for today it will be between resistance line 91.52 and support line 89.35 until stabilized . Support line : 89.35 , 88.04 Resistance line : 91.52 , 93.02 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOIL
by Arazmajeed
Crude Oil: Today’s Strategy Advice! The top of crude oil is empty near 92-92.3, and the defense is 93.5, and the target is around 90 and 89.5. The bottom is long near 89.5-90, and the defense is 88.5, and the target is around 89.2-88.7. Specifically, wait for the real-time strategy to update the entry point, and you need to follow up offline. Friends who do not follow up in real time may make operational mistakes. You can join the group to pay attention to the latest news and follow market trends in real time. Strategies are subject to change at any time.
TVC:USOILLong
by Dylan-Jones
USOIL:Choose direction The trend of oil is still the same as I said, fluctuating in the range, as long as you follow my strategy, you should be able to have a nice weekend. Oil rose as high as 91.3 today, but fell and did not break through the range in the end. When the second rise did not break through the high of 91.3 and fell back within the range, then you can sell decisively. Now there are still fluctuations in the range, so the range is still valid. You can still buy at the low point and sell at the high point in the range. Waiting for the trend to break through the range, we can judge the final trend of oil. Because oil has not risen to break through the range for three consecutive times, now we have to observe the support points in the range. If the support points cannot be effectively supported, then the possibility of oil falling will be greater. If my thoughts are helpful to you, please like and subscribe
TVC:USOIL
by UnknownUnicorn60055110
1
9.25-9.29 USOIL Weekly OutlookHello traders, USOIL is still on a very strong bullish trend on weekly chart even though it finished a little bearish candlestick last week. This is the first bearish signal in last 4 weeks. But this may not be a signal for reversal. The red arrow is the plan for a weekly correction which it is not easy to say it would happen in a very high possibility. In fact, I will check the range of last week as buyer zone and seller zone in the last trading week of Sep. And find a new signal to buy again in 4h CHART. GOOD LUCK ON THIS PLAN. LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera
The High Oil Price ConundrumI'd like to draw your attention to an issue that has been brewing beneath the surface, silently impacting emerging market countries and their currencies. It is the high oil price, which many argue functions as a form of tax, cooling economic growth and putting additional strain on these nations. The recent surge in oil prices has undoubtedly caught the attention of investors and traders worldwide. While this may appear to be a favorable opportunity for short-term gains, we must consider the long-term repercussions it may have, particularly on emerging market economies. These nations, often characterized by their growing industries and developing infrastructure, are now facing an unexpected challenge that threatens their progress. The high oil price acts as a burden on emerging market countries, effectively functioning as a tax that hampers economic growth. As these nations rely heavily on imported oil to sustain their industries and meet domestic energy demands, the rising cost of oil significantly impacts their budgets. The increased expenditure on oil imports leaves less room for investment in vital sectors such as education, healthcare, and infrastructure development. Furthermore, the high oil price also exerts pressure on emerging market currencies, leading to depreciation against major global currencies. This depreciation, in turn, makes imports more expensive, exacerbating the already strained economic situation. As a result, these countries face a double whammy of reduced purchasing power and increased inflationary pressures, further dampening their economic prospects. In light of these challenges, I would like to encourage you to pause and reflect on the potential consequences of trading oil at its current high price. While the temptation to capitalize on short-term gains may be strong, let us not overlook the broader impact on emerging market economies. By exercising caution and restraint, we can contribute to a more sustainable and balanced global market ecosystem. As traders, we have a responsibility to consider the long-term implications of our actions. By taking a step back and re-evaluating our trading strategies, we can help mitigate the negative effects of high oil prices on emerging market countries. This pause will allow these nations to regain their footing and implement measures to alleviate the burden imposed by soaring oil prices. Let us remember that our actions have far-reaching consequences. By acting responsibly and with a cautious approach, we can contribute to a more equitable and stable global market environment. Together, we can help ensure the sustainable growth and development of emerging market economies, benefitting us all in the long run. Thank you for your attention, and let us pause, reflect, and trade responsibly.
TVC:USOIL
by bryandowningqln
USOIL:Trading strategy Oil is the same as I predicted yesterday. Today, it fell directly and broke through the support point, but Russia suddenly announced a ban on the export of gasoline and diesel, causing oil to rise again. Now the trend of oil has become blurred. Now we can only observe the resistance and support points of the range The range is 88.9-91.1 So we can trade in the range. Strictly set the stop loss and wait for the trend to become clear If my thoughts are helpful to you, please like and subscribe
TVC:USOIL
by UnknownUnicorn60055110
Oil Prices Take a Dip as Fed Hints at Rate HikeBuckle up, because the market is buzzing with potential opportunities for those willing to take a leap of faith. Sit tight, as we explore how recent developments in the US economy, China's recovery, and tightening supplies could pave the way for a potential rise in oil prices, with a target of $100. Get ready to seize the moment and make the most of this oil dip! The Fed's Rate Hike Indication: In a recent turn of events, the Federal Reserve has given clear indications of an imminent rate hike. While this news may have initially caused some concern, we encourage you to look at the bigger picture. Historically, rate hikes have often been accompanied by an upswing in economic activity, which can subsequently drive up demand for oil. This positive correlation between rate hikes and oil prices should not be overlooked. Tightening US Supply: Adding fuel to the fire is the tight supply of oil in the United States. With production levels constrained and inventories shrinking, the stage is set for a potential supply-demand imbalance. As the US economy gradually recovers from the pandemic-induced slump, we anticipate an increase in oil consumption, further intensifying the upward pressure on prices. The US-China Economic Output Recovery: As we all know, the global economy heavily relies on the growth of two economic powerhouses: the United States and China. With both nations showing signs of recovery, it's only a matter of time before their increased demand for oil begins to reflect in the market. As the world's top two consumers of oil, their economic output rebound could be the catalyst that propels oil prices to new heights. www.aljazeera.com www.bloomberg.com Call-to-Action: Seize the Opportunity! While oil prices may be experiencing a temporary dip, we encourage you to see this as an opportunity rather than a setback. History has shown us that these market fluctuations can often be the perfect moment to enter the market at a more favorable price point. Keep in mind that the current dip in oil prices might not last long. As the global economy recovers and the demand for oil surges, it's highly likely that prices will rise again. So, we urge you to seize this moment and consider buying in the oil dip, with the expectation that prices will soon bounce back. Conclusion: As we wrap up, we hope you're as excited as we are about the potential for oil prices to rise in the near future. The combination of the Fed's indications, tightening US supply, and the recovering economic output of the US and China presents an enticing opportunity for traders like you. Remember, timing is everything. Don't let this oil dip pass you by. Take action, buy in, and get ready to ride the wave as oil prices surge once again. Happy trading, and may your investments be fruitful!
TVC:USOIL
by bryandowningqln
USOIL:Trading strategy Oil finally fell. When many people thought it would rise, I always believed that oil would fall. Because since last week, oil prices have been postponed last week because of the joint production cuts by Saudi Arabia and Russia, but the technical indicators show that they have been overbought. Our medium-term goal is still 86 Short-term trading advice: USoil:Sell:91-92 TP1:90.1 TP2:89.2 TP3:88 If my thoughts are helpful to you, please like and subscribe
TVC:USOILShort
by UnknownUnicorn60055110
2009 USOIL is running opposite with weekly direction.Hello traders, USOIL has been rising so long. And without any good news to push it up again, it could turn down for a correction. It has made a bearish daily candlestick on Monday. It has made up to FIbo 1.414 position of daily WAVE A. Now back for a correction, it could down to test FIBO 382-500-618. But should wait for B position to confirm on 4H right chart. GOOD LUCK ON THIS PLAN TO SELL FOR A CORRECTION. LESS IS MORE!
TVC:USOILShort
by FUNTRADER-Vera
Russia Oil Shipment Hits 3-Month High,NEW Oil Price Target As you may be aware, Russia's oil shipment has hit a new three-month high, which has prompted us to revise our oil price target to $100. In light of this, we believe there may be a potential opportunity for long oil positions. However, before proceeding further, I would like to emphasize the need for caution and prudence when considering any investment decision. While the recent increase in Russia's oil shipment is a positive indicator for oil prices, it is crucial to consider various factors that may impact the market dynamics. We encourage you to thoroughly analyze the market conditions, including geopolitical tensions, global economic recovery, and any potential disruptions in the supply chain. These factors can significantly influence oil prices and should be taken into account before making any trading decisions. Considering the cautious tone, it is imperative to conduct thorough research and consult with your financial advisor or analyst to evaluate the potential risks and rewards associated with long oil positions. Market volatility remains a significant concern, and it is crucial to have a well-defined risk management strategy in place. With this in mind, we would like to remind you of the importance of diversification. While oil may present an attractive opportunity, it is essential to maintain a balanced portfolio that includes a range of assets across various sectors. This approach can help mitigate potential risks and enhance your overall investment strategy. In conclusion, as Russia's oil shipment reaches a new three-month high, we believe that the oil price target of $100 presents a potential opportunity for long positions. However, we urge you to exercise caution and consider the various factors that may impact the market dynamics. Thorough research, consultation with experts, and a well-defined risk management strategy are crucial in making informed trading decisions. Should you require any further information or assistance, please do not hesitate to comment. We are here to support you in navigating the complexities of the market and making sound investment choices
TVC:USOILLong
by bryandowningqln
4
USOIL: Crude oil analysis and layout Crude oil last week unilateral strong pull up, is currently in high volatility, this wave is still not over, is still a callback to do more, four-hour chart, last week fell back to the mid-track quickly pull up, back just to prepare for the rise, this week is still open at a high level, the current volatility around 91.3, intra-day focus on important support level 89.5/90.3, This position is also the support point of the rail in the four-hour chart, and the position of the tail plate can be more! Specific layout: USOIL:BUY@89.5-90.3 TP 92.0 Join me and don't let hesitation and procrastination affect your earning speed!
TVC:USOILLong
by HectorBrown1
Crude oil: trend analysis continues to push back more Although we are currently at the end of a phased rise in crude oil, the bulls are still very strong and continue to hit new highs. Therefore, we still maintain a bullish and long thinking before the necessary turning signal appears. The only thing that needs to be paid attention to is the number of each transaction. Risk control must be strictly implemented to prevent emergencies from occurring. Still looking for opportunities to continue trading lower during the day. The main reason why crude oil is bullish is that the upward trend of wave 3 and wave 5 is still continuing, and there is still a slight retracement on the way, and it is still bullish. It has now entered the final peak moment of wave 3 of wave 5-5. Crude oil pressure 91.30~92.10, support 91.4
TVC:USOILLong
by Dylan-Jones
Crude Oil: Today’s Strategy Trend The retracement of crude oil indeed exceeded expectations, but the bulls still stubbornly recovered the lost ground in the late trading. Therefore, the bullish position is still the main focus at present. The washout on the way is also the result of the long-short contest. If the price falls back to the point during the day, we will still be bullish. Don’t directly chase long positions in early trading. The main reason why crude oil is bullish is that the upward trend of wave 3 and wave 5 is still continuing, and there is still a slight retracement on the way, and it is still bullish. Now it has been subdivided again and has entered the final peak moment of wave 3 of wave 5-5. Crude oil pressure is 90.80~91.50, support is 89.30~88.70. For crude oil operations, it is recommended to wait for 90.8 to buy, with a target of 90.80~91.50. If it rises directly to 91.50, we will look at the pressure signals and decide whether to buy the top.
TVC:USOILLong
by Dylan-Jones
09.18-09.22 USOIL weekly outlookHello traders, USOIL is on a very strong uptrend on weekly chart now. Any opportunities to catch a lower price position to open long with reasonable sizes could make a great chance to profit. Last week we were expecting a correction before new high. That happen on last Thursday. This week, we should keep following bullish trend on USOIL with a potential strategy to breakout left high 93.20. Up higher position could be fibo 1.618 95.80. Good Luck! LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera
Crude Oil: Today’s Trend Strategy Crude oil continues to rise in the direction of the trend. Any intraday adjustment before reaching the new target of 91.50 is an opportunity to continue to be bullish in the short term. Of course, since the overall increase has been huge enough, the current space above is limited. Another one is in this round. It is the end of the rise, so it is not advisable to be overly bullish. The main reason why crude oil is bullish is that the upward trend of wave 3 and wave 5 is still continuing, and there is still a slight retracement on the way, and it is still bullish. Now it has been subdivided again and has entered the final peak moment of wave 3 of wave 5-5. Crude oil pressure is 89.40~90.20, support is 88.40~87.90 For crude oil operations, it is recommended to wait for 89.10 to buy, with a target of 89.1~91.50. If it rises directly to 91.50, we will look at the pressure signals before deciding whether to buy the top.
TVC:USOILLong
by Dylan-Jones
1409 USOIL slow rise after BIG ABC Hello traders, USOIL has no strong signal to open sell on daily and 4H chart. And on this 1H chart, could see more clear that on Wed it just finished a BIG ABC wave with CPI momentum. A and C are so close or hit FIBO 382 of last uptrend swing. From then, USOIL slowly rise up alone with the green trend line. Will it test fibo 1.27 89.65 AGAIN which it hit once but not broke through yet. The plan today is looking to entry to join the new swing to higher high. GOOD LUCK! LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera