Get started

Usoildaily

Oil correction is a buying opportunity The news is likely to boost oil prices. Geopolitical factors have affected oil reserve inventories. Oil inventories this week will be significantly lower than expected. leading to increased market demand In terms of trend, there is a certain degree of over-rising behavior in the market, but the trend is still a bullish trend. If the price falls back to the low price within the day, you can still buy. Focus on the buying position in the range of 3.9-83.5. This week’s focus will be on the release of API and EAI data. Related Products: MATBAROFEX:WTI1! BLACKBULL:USOIL.F FX:USOILSPOT NYMEX:WTI1!
TVC:USOILLong
by T0_messenger
27/3.USOIL first support observation 79 Looking back at yesterday's trend, the USOIL market remained in the range of 81.7-82.4 throughout the day. This is a narrow range for oil prices. The competition between the long and short parties in the market is fierce. until closing. The bears broke the deadlock. News side: The API announced a significant increase last night, with U.S. API crude oil inventories reaching a high of 9.337 million barrels in the week to March 22. This news may seem insensitive when viewed alone, but combined with OPEC+’s statement that it will not fulfill the production reduction agreement. What do these two news indicate? If the market supply exceeds demand, oil prices will naturally fall. Technical aspect: The price around 82 is still relatively high, and at the same time it is in a strong pressure position from above. The next small intraday support is at 79.4-79. Combined with Pitchfork, oil currently faces a short-term situation that continues to decline. Based on the news released, the market is about to experience a sharp decline on 27/3. Today’s personal operations are mainly selling: USOIL: 81.4-81.7 sell Tp:80-79.6 Sl:82.6 Like and follow after reading.
TVC:USOILShort
by T0_messenger
Don't sell oil easily. Very risky The trading opportunities for oil are not very big at present, but mainly fluctuate within a narrow range. After the news boosted strength. The price is still fluctuating around 81. I made a profit by buying oil prices around 80.7 in the morning, and the U.S. market is about to begin, judging from the 1-hour trend chart. The trend is still mainly bullish. MA is also supported. If the U.S. market falls back around 80.7, I think there is still a chance to buy, and we will trade based on the timing and conditions.
TVC:USOILLong
by AA_Jack
USOIL H1 / Long Trade Execution Idea 💡💲Hello Traders! This is my idea related to USOIL H1. I expect the price to go bullish as it reacted perfectly from the OB level and also the support area. I expect the following scenario, the price will retrace again in the OB area and after that, I expect it to rise until the price of 79.45. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:USOILLong
by GoodTradeST
USOIL: Trend analysis and operation strategy EIA released nearly two weeks of inventory data, a cumulative increase of 17.5 million barrels, more than expected accumulation led to a rapid decline in the disk, of which crude oil inventories reached 439 million barrels in the week of November 3, a higher since August. In addition, the market expects Saudi Arabia to extend production cuts until January next year. At present, the accumulation of expectations is deepening, and the upward movement of crude oil prices is blocked. Yesterday, oil prices on the technical side of the weak unilateral downward trend, ASEM slightly back pressure 76.6 line down to break the bottom, the evening accelerated down to 75 and 74 two integer marks, and continued to close weak near the 72 mark, the Japanese line Baoshu pressure down to break the bottom bardo, closed at a low level for three consecutive days. Oil prices fell 4.81% yesterday, closing large negative line, the decline has accelerated signs. From the perspective of technical indicators, the moving average system helped the downward form to be complete, and the superimposed MACD was located below the zero axis for a long time, and the overall form had obvious short advantages. On the operation, it is recommended to consider the rebound and short, low and many are auxiliary. WTI Crude Oil Handling Recommendations: Strategy 1: Rebound near 74.5-75.2 short entry, stop loss 0.6 points, target 72.6-72.2 line; Strategy two: Callback 72.2-72.5 near multiple single entry, stop loss 0.6 points, the target 74.0-75.0 line. Currently there are orders do not know how to operate friends, you can pay attention to me, I will answer for you!
TVC:USOILShort
by HectorBrown1
4
USOIL: Technical analysis and operational strategy Us EIA crude oil inventories for the week to November 10 were released yesterday afternoon, showing a rise of 3.6 million barrels to 421.9 million barrels, expectations for a rise of 1.793 million barrels, the previous value of 13.869 million barrels, negative for oil prices. With global demand for crude oil slowing and supply increasing, some analysts believe that Saudi Arabia may extend the voluntary additional production cut of 1 million barrels per day into January or even longer, and the OPEC+ meeting next weekend (November 26) needs to be closely watched. Crude oil yesterday bardo line back. The early week of the rising space back up nearly half, and closed at the low level, the daily line to weaken again, the previous rebound was only a flash in the pan. 4-hour chart a wave of negative line reversion. Continued the previous trading day's high fall, fell below the middle rail to weaken, but also broke the small step shock to rise low, 4-hour chart empty, the rebound at the beginning of the week as a correction to confirm the resistance, but also just confirmed the previous low 79.80 area resistance, with the Asian market close down, Europe and the United States will further see the weak down. WTI Crude Oil Handling Recommendations: Strategy 1: Rebound 77.5-77.2 near the short entry, stop loss 0.6 points, the target 75.6-75.2 line; Strategy two: Callback 75.2-75.6 near multiple single entry, stop loss 0.6 points, the target 77.0-77.5 line. If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILLong
by HectorBrown1
USOIL: Crude oil analysis and operation Oil prices rose and fell, and the U.S. CPI data released in the evening showed that the annual rate of CPI reached 3.2%, the lowest since July this year, boosting market risk appetite. After the data was released, the dollar fell sharply, risk assets rebounded, and oil prices quickly pulled up from the intra-day low, but the final oil price did not hold the intra-day rise, and the intra-day rise was completely reversed after midnight from the high level! Yesterday reached the upper 79.70 line high fall, the daily line includes a small Yin line entity, after the oil price even three Yang is Yin, further indicating that the rise has come to an end, the market has entered a new trend. The pullback in oil prices late yesterday changed the previous bullish pattern, so today's trend may be volatile or down, and the probability of continuing to break is low, of course, focusing on EIA data guidance. WTI Crude Oil Handling Recommendations: Strategy 1: Rebound 79.5-79.2 near the short entry, stop loss 0.6 points, the target 77.6-77.8 line; Strategy two: Callback 77.6-77.8 near multiple single entry, stop loss 0.6 points, the target 79.0-79.5 line. Good trading opportunities within the day Additional tips!
TVC:USOILLong
by HectorBrown1
USOIL: Crude oil continues to fall Crude oil continued to fall yesterday, from Friday to the present 4 even negative, down nearly 1000 points, yesterday's rebound space is slightly smaller, yesterday's rebound near 77.5 pressure, the European and American trading fell to a new low to 74.9, the daily line is in the bearish down, the day's rebound is the opportunity to empty, bearish not chase empty, rebound card point is the key, at present 4 hours, 77.5 is a strong pressure, short-term hourly chart, the resistance level of the medium rail is currently in the position of 76.1, the day to these two positions to rebound mainly to layout The specific layout is as follows: 1. See 76.1 empty once for the first time, loss 0.6, the target look at 75 break below 2. See 77.3/77.5 empty at any time within the day, with a loss of 78.1, and the target at 76.1-75 break If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILShort
by HectorBrown1
USOIL: The overall direction is a volatile trend After yesterday's pullback, crude oil continued to rise today to near the pressure level of 83.2, peaking at 83.4, we are trading in this range, and the profit is very good! At present, the price of crude oil is around 82.2, if you can continue to do more after encountering support, in the short term, crude oil is a volatile trend, must grasp the direction of the range before trading! If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILLong
by HectorBrown1
1
USOIL: This week's summary and next week's trading ideas The deteriorating outlook in Europe has left oil traders wondering whether global oil demand will remain resilient next year. On the other hand, the US third quarter GDP data exceeded expectations and continued to deliver strong economic growth. A higher dollar and an uncertain economic outlook seem to be haunting oil. Oil prices rose on Friday on fears that tensions between Israel and Gaza could spill over into a wider conflict that could disrupt global crude supplies. U.S. West Texas Intermediate (WTI) crude rose $2.33 a barrel, or 2.8 percent, to settle at $85.54 a barrel. "From a macro perspective, global supply is tight relative to demand, which is the result of general underinvestment across the industry after the pandemic, so spare capacity today is limited and prices will move with demand because there is not a lot of short-term capacity that can come to market," Darren, CEO of ExxonMobil Oil, said in an interview. So as long as the market stays tight, you're going to see more volatility and higher prices. On the whole, crude oil next Monday's opening operation is suggested to retreat to do more on the dips! If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILLong
by HectorBrown1
USOIL: Oil today analysis The International Energy Agency (IEA) said on Thursday that geopolitical risks in the Middle East have escalated following Hamas attacks on Israel, with oil markets on edge and uncertainty about how things will play out or how far the conflict could spread. In its closely watched oil market report for October, the IEA said: "A sharp escalation of geopolitical risks in the Middle East is keeping markets on edge. The region accounts for more than a third of global seaborne oil trade. Oil prices surged on Monday after attacks by Hamas against Israel reignited tensions in the Middle East and the war premium reappeared in the market. Crude oil market yesterday morning opened at 83.21 US dollars/barrel, after the market first pulled up, the daily peak reached 85.28 US dollars/barrel, after the market fell strongly, the daily minimum to 82.35 US dollars/barrel Short-term strategy reference: high probability scenario: bearish below 85.6, target 83.2-82.5; Low probability scenario: Bullish above 85.6, target 86.5-87.2
TVC:USOILLong
by HectorBrown1
USOIL: Oil today analysis The outbreak of the Israeli-Palestinian conflict, if more forces are involved in the subsequent, the Middle East oil producers may be directly affected, crude oil production may be in short supply, and oil prices may rise more sharply. In the outbreak of the war between Russia and Ukraine last year, the oil price rose sharply from $90 to the highest price of $130, and it took half a year to return to the $90 line. In summary, the current turmoil in the Middle East has attracted much attention, and the limelight has overshadowed the OPEC+ production cut plan, and the follow-up trend needs to be paid close attention. Crude oil fell sharply to $81.50 last week, the direction of the daily bullish line has not changed, if the resistance level of $89 above the smooth stand, the rally can be expected. In the evening, focus on the support of the $84.1 line, if it breaks down, it may test the strong support level of $81.5. High probability scenario: bullish above 84.1, target 87.1-88.2; Low probability scenario: Bear below 84.1, target 83.0-81.5. If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILLong
by HectorBrown1