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Usoil-Analysis and Trading Strategies Israel has withdrawn more troops from southern Gaza and pledged new talks with Hamas on a possible ceasefire, easing concerns about the risk of further escalation in the conflict and disruption to Middle East crude supplies. The current oil 4H and 1H charts show that the possibility of oil falling is very high, and it has been in the 87-87.5 range without breaking through. Today, the support of oil is still around 84.5. Only if it falls below this support point, will there be any A wider range of decline If it falls below 84.5 today, you can choose to buy in batches in the 83.6-83.3 range, SL: 82.8 If it continues to rise today and breaks through 87.5, you can sell in batches at 87.8-88.2, SL: 88.8 The above trading strategies are for your reference. The market changes rapidly. I will send the specific trading strategies to my VIP customers. I hope everyone will make a profit today. The above strategies are for your reference. Join me and I will analyze how to trade every day.
TVC:USOIL
by UnknownUnicorn68604160
#XTIUSD/USOIL: Will bull take price to $100?Dear Traders, Hope you are doing great, US OIL we can see a strong bullish impulse in coming months, in coming months we can target US OIL to hit 79.00 region first then $85.. and final target will be $100. Plus, wait for price to breakthrough the bearish trend line and once it does you can take safe entry. If you want to take higher risk you can enter now with a accurate risk management. Sellers exhausted and we can see in daily timeframe as price have failed to break through recent LOWER LOW. This is a good sign for us when we are eying for big target. Please like and comment if you agree with the idea ;)
FXOPEN:XTIUSDLong
by Setupsfx_
26
USOil WTI Technical Analysis and Trade IdeaUSOil WTI Technical Analysis and Trade Idea In the video, we analyse a potential trading opportunity for USOil. We delve into the prevailing trend, examine price movements, evaluate market structure, and pinpoint a potential entry point based on favourable conditions (if they arise), as outlined in the video. It is crucial to incorporate sound risk management principles into your trading strategy. As always, please be aware that this information is strictly for educational purposes and should not be construed as financial advice.
TVC:USOILLong
by fxtraderanthony
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
"Is the US Oil Market on the Brink of a Transformation?” 🛢️📈Ahoy, fellow trader! 🌟 Let's set sail on the high seas of oil trading, where the winds of fortune blow and the waves of volatility crash. 🛢️ **USOIL** (that's WTI Crude Oil for landlubbers) is currently dancing around the **$83** mark like a tipsy sailor at a tavern. 🕺 The resistance levels are like stubborn portcullises guarding the treasure chest: **$83** and **$83.50**. Will our brave oil buccaneers breach these walls and plunder the riches beyond? 🏴‍☠️ But wait, there's more! 📜 The support levels are our sturdy lifeboats: **$80.30** and **$80.00**. If the ship starts taking on water, these levels might keep us afloat. 🚢 Why is oil suddenly hotter than a dragon's breath? 🐉 Well, the Federal Reserve might just cut interest rates, making the dollar less attractive than a soggy biscuit. Investors, like magpies drawn to shiny things, are eyeing oil hungrily. 🤑
TVC:USOILLong
by Bashar28
Usoil-Reasonable decline If oil is above 80, it is still an upward trend. The lowest oil price yesterday was around 80.8, and the current range is about 80-83.5 Published API data showed that U.S. crude oil inventories fell by 1.52 million barrels in the past week, slightly higher than market expectations. Separately, the American Petroleum Institute reported that Cushing crude oil inventories increased by 325 million barrels. In terms of refined oil products, gasoline inventories decreased by 1.57 million barrels, while distillate inventories increased by 0.5 million barrels. You can still buy near the support point and control your position reasonably Following my strategy, your success rate will be greatly increased and trading will be simpler
TVC:USOIL
by UnknownUnicorn68604160
1
USOil WTI Technical Analysis and Trade IdeaI posted a trade idea a few moments ago, this is the video explaining my idea. There are important points in the video that are noteworthy. USOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced, and a bearish reversal could occur at any time. Trade cautiously, prioritize risk management, and remember – this is not financial advice.
TVC:USOILLong
by fxtraderanthony
Crude oil trading analysis Crude oil trading analysis The oil market was mixed and volatile last week. The Red Sea shipping crisis has drawn attention, while an increase in demand forecasts from the International Energy Agency has also caused market volatility. Although WTI crude oil futures fell slightly, the overall trend showed a weekly increase of more than 3.88%. International Energy Agency forecasts show that global oil demand will continue to increase until 2024. However, the agency also warned that if OPEC+ countries continue to cut production, it may lead to supply shortages. In addition, geopolitical factors and central bank monetary policies will also have an impact on future market trends. Currently, crude oil prices are now at $81.4 and encounter two resistance levels of $81.7 and $82.5. If these levels are touched on the day, short positions can be made at high prices. At the top, pay attention to the resistance at $82.0-$82.5, and at the bottom, pay attention to the support at $80.0-79.5. Today's short-term recommendations are mainly short selling at high prices. I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
FX:USOILShort
by Gold_Digger_King
USOil will it cross 82 level?**Monthly Chart** Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. This month candle continues the bullish move and now moving near the low of Oct 2023 bearish MC at around 80.79 level. If the price is able to break this level, then next target will be around 90 level. **Weekly Chart** Last week candle closed bullish after breaking the high of the Feb 2024 candle. Last week there were good buying opportunities on USOil. The question now will it continue moving higher and cross 82 levels? **Daily Chart** I am expecting a continuation of this trend higher. I will be looking to buy the dips with a good confirmation to start the new upward swing. Next target will be around 84 and then 90 levels.
TVC:USOILLong
by PropSignals
Crude oil may fall back after rising today Crude oil fluctuated upward on Wednesday, with a minimum of 77.5 and a maximum of 79.8 that day. The daily line closed at 79.5. From the daily line, the oil price has reached the upper track. Today, the focus is on the 81 line. If it rises to around $81, will there be strong resistance above? As far as the current trend is concerned, the price of crude oil has risen to 80.3 US dollars. Waiting to see if it can reach 81 US dollars, you can make the right choice by paying attention to my signals at any time. My suggestion is to prefer shorting at high prices: shorting in the range of 80.5-81 US dollars. I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
FX:USOILShort
by Gold_Digger_King
1
Usoil-trend analysis Oil has currently fallen below the 77 support. It is currently undergoing a short-term correction. The previous support point has turned into a resistance point. The resistance range is 78-78.3. Currently, oil is still oscillating in the 77-78 range. So now we change our previous thinking. If you reach the resistance range, you can choose to sell If you don’t know how to trade, join me and let my analysis improve your trading success rate
TVC:USOILShort
by UnknownUnicorn66789012
Crude oil analysis signals make you money easily In the short term, the oscillation pattern of crude oil and fuel oil futures may continue On March 12, crude oil varieties fell as a whole yesterday, especially fuel oil futures fell significantly. 1. The weakening of macro factors has hedged the benefits of OPEC+'s extension of production cuts. The weakening of oil prices has led to the decline in the support effect of fuel oil costs. Coupled with the recent decline in the shipping index, the outlook for fuel oil demand has dimmed. In the context of weakening demand factors and cost support factors, domestic fuel oil futures fell significantly this Monday. Although the market has always been skeptical about whether OPEC+'s production cuts are sufficient, there is no doubt that the oil market's supply and demand balance is in a relatively healthy state due to OPEC+'s efforts to reduce production. 2. The periodic decline of crude oil is the main factor driving the decline of oil products. Since the implementation of the OPEC+ production reduction plan, the market's trading focus has begun to shift to demand. Crude oil is still in a range-bound oscillation pattern, and there is great pressure on both long and short positions. Among them, OPEC+ production cuts provide bottom support at the bottom, and weak demand is suppressed at the top. There is no improvement in the long-short logic in the short term. According to the current trend of crude oil, the price of crude oil is basically fluctuating between 78 and 78.5 US dollars. At this stage, the crude oil price reached 78.6 and was unable to break through due to resistance, and then fell again. As far as the current trend is concerned, the crude oil price is oscillating at 78 US dollars. Please pay attention to my signals at any time. Only then can you make the right choice. It is recommended to go long at low prices in the short term: go long around $78.0 I will share trading strategies and trading ideas every day. Listen to my signal and advocate seeking victory in stability and not making rash advances. For those who want to make easy profits, follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
FX:USOILLong
by Gold_Digger_King
1
Crude oil analysis signals make you money easily According to the current trend of crude oil, the price of crude oil is basically fluctuating at 77-78 US dollars. At this stage, the crude oil price reached 78.6 and was unable to break through due to resistance, and then fell again. As far as the current trend is concerned, the crude oil price is oscillating at 78 US dollars. Please pay attention to my signals at any time. Only then can you make the right choice. It is recommended to go short at high prices in the short term: short around $78.5. I will share trading strategies and trading ideas every day. Listen to my signal and advocate seeking victory in stability and not making rash advances. For those who want to make easy profits, follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
FX:USOILShort
by Gold_Digger_King
Crude oil trend analysis, easily make money for you Crude oil trend analysis, easily make money for you The overall trend of crude oil rose and fell back last week. The expected strength did not appear, but the upward trend has not changed. As long as crude oil price does not fall below 77 US dollars per barrel, the oil price will still rebound, and the weekly negative closing means that there will definitely be a rebound in the morning. It is bottoming out and rising, and the 4-hour moving average trend should also be bottoming out and rising. The current decline has bottomed out, and now there is a trend of bottoming out and rebounding. In the short term, we should pay attention to the support level and the short-term resistance reached by the rebound and increase. Bit. Therefore, in terms of operation ideas, it is recommended to go short at high prices and long at low prices; Recommendation: go long around 77.6 and go short after reaching $79.5 Tp 78.5 SL77 Go short after reaching $79.5 Tp 77.5 SL 80.5 Listen to my signal and advocate seeking victory in stability and not making rash advances. If you want to make easy profits, please follow me Comments welcome
FX:USOILLong
by Gold_Digger_King
Crude oil price trend analysis, easily make money for you Although OPEC+, an organization of oil-producing countries, has extended production cuts, the market remains wary of crude oil demand. Oil prices closed down more than 1% on Friday, with Brent crude oil falling by 1.69% this week and WTI crude oil falling by 2.46% this week. Brent crude oil futures closed down $0.91, or 1.10%, to $82.05 per barrel. This week’s cumulative decline was 1.69%, and the one-week volatility was the lowest since September 2021. WTI crude oil futures closed down $1.08, or nearly 1.37%, to $77.84 per barrel. It fell by 2.46% this week. Supply remains tight due to slower exports due to OPEC production cuts and Russian production cuts, but demand in some countries appears to be lagging, while demand in the U.S. driving season has yet to kick off. On the supply side, OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil production cuts of 2.2 million barrels per day into the second quarter. That provided additional support to the market amid concerns about global economic growth and rising production outside the group. Crude oil continued to fluctuate this week, and the overall trend was a small dip and recovery. My suggestion: go long at low prices, go long around $77.5 Tp 78.5 SL 77 Listen to my signal and advocate seeking victory in stability and not making rash advances. Comments welcome!
FX:USOILLong
by Gold_Digger_King
Easily make money for you with crude oil trend analysis Crude oil prices fell back from highs and will bottom out and rebound From yesterday to today, the overall trend of crude oil fell back after rising, with $80.5 as the resistance level and $77.6 as the support level. The U.S. Department of Energy announced the purchase of approximately 3 million barrels of oil for delivery in September to replenish the Strategic Petroleum Reserve; Attacks by the Houthi armed forces in the Red Sea region have also blocked oil shipments and disrupted tanker activities; EIA report: The four-week average supply of U.S. crude oil products was 19.499 million barrels per day, a decrease of 1.25% from the same period last year; Combining the above data and events, I believe that the current crude oil price will fluctuate around $77.8 and then show an upward trend. Recommendation: Go long around $78 TP:79.5 SL:77 Listen to my signal and advocate seeking victory in stability and not making rash advances. Comments welcome
FX:USOILLong
by Gold_Digger_King