Get started

Usoilprediction

Monday: Crude oil focuses on the 71/72/74/75 areaOn Monday (January 8), international U.S. crude oil prices traded around $72.85 per barrel. U.S. non-farm employment growth in December exceeded expectations, prompting financial markets to lower expectations for an interest rate cut by the Federal Reserve in March. The risk posed by tensions in the Middle East is an important factor in the price rebound. Geopolitical tensions have pushed up trading premiums, and strong jobs data also pointed to strong fuel demand. In the 4-hour chart, a wave of decline gave up nearly half of the previous gains. It is currently in the process of confirming the retracement. Bollinger Bands closed, the short-term entered a contraction and shock, and the long-short tug-of-war switched. It is not a strong unilateral market. After the second retracement, pay attention to whether it can start a stable recovery above the low point. If it starts to stabilize, continue to watch the rebound. On the whole, it is suggested that the day-to-day operation of crude oil should focus on the first-line resistance of 74.0-75.0 at the top and the first-line support at 72.0-71.0 at the bottom.
TVC:USOIL
by Short-termTaurus
2
USOIL: Key position 73-73.4 USOIL is currently near the key resistance level. If it can break through here, it will have the opportunity to form a head and shoulders bottom pattern, and then there is a high probability of reaching around 76. But if there is no strong breakthrough here, the head and shoulders pattern will fail, and it is highly likely that the support near 72 will be backtested. Therefore, in the trading starting tomorrow, you can focus on the resistance near 73-73.4 and decide the trading direction based on the breakthrough. On the 45m chart, the pattern is slightly in favor of the bears, looking ahead to Monday’s market options. If you encounter problems during transactions, you can leave me a message! Good luck, everyone!
TVC:USOIL
by Allen_Ex
Thursday:Crude oil narrowed and fluctuated Oil prices fell in volatile trading on Thursday as U.S. crude inventories exceeded expectations and concerns about the Red Sea crisis eased. Crude oil's Xiaoyin cross K-line retraced yesterday and settled flat. In line with the rebound of the previous day's big Yang line, it did not make a further strong reversal upward, but went back down. At present, the daily line is still rebounding based on 69.30 as the bottom. If it does not fall below 69.30 in the short term, it will tend to rebound first. Let’s see if it can start a steady rise today. In the 4-hour chart, a wave of decline gave up nearly half of the previous gains. It is currently in the process of confirming the retracement. Bollinger Bands closed, the short-term entered a contraction and shock, and the long-short tug-of-war switched. It is not a strong unilateral market. After the second retracement, pay attention to whether it can start a stable recovery above the low point. If it starts to stabilize, continue to watch the rebound. Of course, the process will still oscillate repeatedly. For short-term operations, set the time point after the European market, and the final market shape shall prevail. Use the intraday form stuck point to respond flexibly in the ultra-short term. On the whole, it is suggested that the day-to-day operation of crude oil should focus on the first-line resistance of 74.0-75.0 at the top and the first-line support of 71.0-70.0 at the bottom. Strategy reference: It is recommended to enter the market with multiple orders at 72.2-72.4, plan in advance, and pay attention to updates for more signals↓
TVC:USOIL
by Short-termTaurus
Thursday: Crude Oil Market Analysis and StrategyOil prices rose in Asia on Thursday, with WTI oil prices hovering around 73.6. Disruptions in Libya's top oil fields heightened concerns that rising tensions in the Middle East could disrupt global oil supplies, and international crude oil prices climbed about 3%. The two crude oil benchmark prices closed higher for the first time in five days, with WTI crude oil rising the most since mid-November. Later on Thursday, U.S. ADP employment changes and weekly initial jobless claims will be released. Traders will take more clues from U.S. employment data on Friday, including non-farm payrolls, the unemployment rate and average hourly earnings due on Friday. The daily line of crude oil closed with the Zhongyang line with a long lower shadow, and there is a high possibility of stopping the decline in the short term. The 1-hour cycle has entered the early transaction intensive area, there is the possibility of a small cycle reversal, and there is a high probability of rising within the day. It is recommended to pay attention to the first-line support of $72.20 below. Strategy reference: It is recommended to enter the market with long orders at 72.2-72.4 This is a plan ahead, more strategies are waiting for updates👇
TVC:USOIL
by Short-termTaurus
Monday. Crude oil falls under pressureCrude oil prices remained weak in Asian trading on Tuesday and are currently trading around 72.6. During the day, we will pay close attention to the US PMI to be released later on Tuesday. Later this week, the Federal Open Market Committee (FOMC) meeting minutes will be closely watched ahead of Friday's U.S. non-farm payrolls (NFP) report. The crude oil market was at 73.67 at the beginning of last week. Afterwards, the market initially rose, reaching a weekly high of 76. Then the market fell back strongly, with a weekly low of 71.05. Afterwards, the market consolidated and finally closed at the end of the week. The line was at 71.12, and then the market closed with a big negative line with a long upper shadow line. After this form ended, crude oil continued to be under pressure. In the 4-hour chart, the pressure on the 76.30 line changed and fell, and the structure fell in a wave. It is still in the rebound trend. The Bollinger Bands are running below the middle track, and the middle track 73.5 is an important resistance point. ​ Personal suggestion: short on rebound; WTI dividing line: 73.5
TVC:USOILShort
by Short-termTaurus
USOIL Long Term Price Analysis.Hello everyone. i want share my idea about USOIL price long term analysis. We all remember USOIL price were pretty bullish couple month ago but after it touch to weekly resistance we saw pretty trend which still not over. Price came to strong weekly support where we see aggressive buyers which gave us some High Low, i see some trend change signals and make some scenes from that point what i need to be bullish. After strong downside price movement from 72.00 to 67.70 it touch to weekly support when buyers were aggressive and broke some 1 hour and 4 hour resistances until it were testing broke resistances it was taking liquidity, at the moment it testing 4 hour support where we see aggressive reaction but still not changing price movement and its coming down, if buyers are still stronger i think it need to brake 4 hour resistance and slowly come back for retest where i think we will get some reaction from buyers (Scene 1). If that movement is only correction of trend i think we will get some fake brake out, where Sellers will active and it will continue price fall. in my opinion strong sellers zone is between 76-78 zone (Scene 2, Scene 3). I am looking price action because we are at some good point where we can catch real good trade, i have 3 good scene if my scenes will be right i will open position and ill update this post.
TVC:USOILLong
by elmakacho
USOIL: Today’s crude oil analysis summaryToday crude oil sold according to the recommendation I gave in the morning, and then fell 200pips, But it should be noted that it did not fall below the previous low. Therefore, the market outlook does not rule out another breakthrough after sideways consolidation, hitting the 76 high point I talked about on Monday and Tuesday. But no matter what, on the 4H chart and 1D chart, it can be seen that it is in the rebound trend of the downward trend, so the upper space is limited, and it is expected to be around 76, but once it returns to the downward trend, the lower space is very large. I will continue to analyze the specific market trends with you on Friday, please pay attention↓
TVC:USOIL
by ActuaryJ
Oil operation suggestions for next weekAngola may increase oil production after it withdraws from OPEC. However, good news about the U.S. economy and attacks on ships in the Red Sea caused hundreds of ships to change routes and increase delivery costs, causing oil prices to fall before the Christmas holiday weekend. Although oil prices rose about 3% this week, crude oil prices still posted their largest weekly gain in two months. Technically we see crude oil futures support at 72.5 and resistance at 75.3. This week, the 30-minute long and short trend has repeatedly appeared. Crude oil continued to fall before the close on Friday, and the short energy distribution continued to build up at $74 to suppress the market. From a daily perspective, crude oil fell in late trading on Friday, and profit-taking before holidays is a very normal operation. Judging from the current technical indicators, it has completely turned short. It is recommended to focus on rebounding and shorting! The specific direction will be decided after the market opens on Tuesday.
TVC:USOILShort
by Short-termTaurus
USOIL: The rise is blocked and will fall in the short termInternational oil prices rose. Originally affected by the increase in U.S. crude oil inventories, oil prices first rose and then fell. However, the risk of interruption of the Red Sea transportation channel still provided support for oil prices, helping to keep oil prices above the 21-day moving average. Yesterday, the market rose first and then fell as expected, reaching the upper line of 75.40 and falling back. Despite this, oil prices finally closed higher. Government data showed that U.S. inventories increased significantly and production reached record levels, exacerbating continued concerns about oversupply. The U.S. market yesterday evening The second upward attack pierced 75.3, and then it fell back and fluctuated downward to break the bottom and close. The daily line closed higher and fell back. The overall price showed a stagflation pattern above the 75 mark. Today, we can go short first and then look at the shock and fall.
TVC:USOILShort
by ActuaryJ
Bear Market The free signal given to you today is the USOIL trading strategy, because there is EIA data today, and the data is as expected, which is favorable to the bears. Because there has been no significant decline so far, we have only closed some orders, and there are still some holdings waiting for the market to go lower further to expand profits. The 3h chart of gold is favorable for shorts, and 30m is testing the resistance level. I focus on shorting, with the purpose of trading the large-level trend. (Resistance 2038-2043, support 2029-2026)
FOREXCOM:XAUUSDShort
by Allen_Ex
USOIL: It broke through 75 today and is expected to return to 80Crude oil (USOIL): Crude oil also showed the same picture as my analysis yesterday, falling first and then rising. Today's opening is at 74, with an amplitude of $3 in the morning. It's not promising, and the amplitude is smaller than gold! The daily chart has risen for five consecutive days. Visually, the downward trend has ended, and a new round of bullish trend is coming. Today it will continue to attack above 75. If it is suppressed, there will be a small downward correction in the past two days. If it directly breaks through 75 , crude oil will continue to move towards the 80 mark! ! Today we will focus on the two positions 73.5/73 below! !
TVC:USOILLong
by ActuaryJ
1
USOIL: 19/12 Today’s AdviceYesterday, the conflict in the Red Sea region of the US market escalated, and a cruise ship incident occurred, so gold and crude oil rose sharply. However, the biggest impact of this incident was on energy, and the impact on gold was limited, So, crude oil breaks through the technical suppression of the 4H mid-track and continues the upward trend. On the weekly line, the market first fell and then rose last week and closed with a long lower shadow line and a positive line, indicating that there is some support below, and the market is more likely to rebound this week. However, the market is still below the 20-day moving average, and the overall market will still be under pressure. There is pressure at $74.61 at the top, and support at $72 at the bottom. If you currently have an order, you can send it to me and I will give you reasonable advice based on your position!
TVC:USOILLong
by ActuaryJ
📈🛢️US Oil Daily prediction 🛢️📉TVC:USOIL TVC:DXY Hello Traders. Let's continue our analysis of USOIL. Before we predict next week, let's take a look at oil chart's trend along with the DXY index. The price continues to move in a downward trend. Due to the support area, we can expect a rise in oil price to the previous high level. (If weekly DXY doesn't consolidate above 103.285) If the price of oil rejects at the level of $77.65, it is likely that the second scenario will occur for the price and vice versa. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
TVC:USOILLong
by CrazyS
USOIL: 14/12 market analysis, plans to sellCrude oil (USOIL): Yesterday, crude oil broke through the 68 area, reaching the lowest position of 67.7. Today opened at 69.8, and the amplitude of five or six dollars in the morning was not too big. It broke below yesterday, but it did not stay too much. In the evening, the decline was gradually recovered, and the daily K closed a green line. There was only one explanation given, short correction, just like the previous two days. Only after correction can the short acceleration be ushered in more smoothly! Crude oil trading signal sent later
TVC:USOILShort
by ActuaryJ
2
USOil WTI Technical Analysis And Trade Idea USOil WTI has shown a robust bearish trend of late, reaching into a noteworthy support level on both daily and weekly charts. The accompanying video offers an extensive breakdown of this trend, meticulously dissecting price actions and pinpointing potential trading prospects by conducting a comprehensive analysis across various timeframes, spanning from weekly down to as brief as 15 minutes. Expect a thorough exploration encompassing price fluctuations, market trends, trend assessments, and critical technical analysis elements. It's imperative to highlight that the insights shared here are solely for educational purposes and should not be construed as financial guidance.
TVC:USOILShort
by tradingwithanthony
Usoil:Has it reached the bottom? Before, I have notified that oil can be bought gradually starting at 69.4 Oil reached a minimum of 68.8 yesterday. If you follow my strategy to buy gradually, you have made a lot of profits now. There is currently a lot of resistance near 70.8-71. Judging from the chart, oil has temporarily moved out of the downward trend, but it needs to be observed whether it can break through the upper resistance. So, if you follow my advice, you can leave the market at a profit now, because the trend shift is not determined once, we need to observe it multiple times. Mine share my thoughts every day, follow me, if my point of view is useful to you, please join me and like and comment
TVC:USOIL
by UnknownUnicorn64583787
1
USOIL TECHNICAL ANALYSISAs far as we technical traders like to complicate things, I am always looking for simple reasons to validate what I 'M seeing on the chart. USOIL_CRUDE is now on a downtrend since September making a series of lower lows and lower highs.For me to change my bias on USOIL I want to see the market trading above 78$ which is my level for oil to really validate my thesis for me to start looking for long opportunties if not then I will continue looking for short postions.
CAPITALCOM:OIL_CRUDE
by juniormoseki1
Crude oil trading strategy on December 7 Yesterday, the market rose first and then fell in the evening. It once reached the 69.10 line below and is still rebounding slightly. Now there is a desperate counterattack signal at the 69.10 line. It is expected that a rebound is about to happen. It depends on the strength of the short-term rebound. The short-term general direction remains unchanged. In the short term, we will continue to short on rallies. Specific suggestions are as follows: Crude oil 72.60 and 74.60 are short respectively, with stop loss of 70 points and take profit of 300 points; Crude oil is long at 69.20 and 66.30 respectively, with a stop loss of 70 points and a profit stop of 500 points.
TVC:USOILShort
by Short-term-trading-king