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Usoilshort

USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsPrepare yourself for a thrilling week ahead as all eyes are fixated on the much-anticipated interest rate decision by the Fed. The question on every trader's mind is, will the Fed signal an end to this year's rate hikes? And if they do, brace yourself, because oil could be on the brink of a momentous breakthrough, turning that elusive $80 per barrel from resistance into rock-solid support! Hold onto your hats, because the excitement doesn't stop there! Oil prices surged by nearly 2% on Friday, marking the fourth consecutive weekly gain. The market is abuzz with growing evidence of impending supply shortages, sending ripples of anticipation through the market. But that's not all—rising tensions between Russia and Ukraine add an extra layer of intrigue, potentially further impacting supplies. The stage is set, and the question on everyone's lips is, what lies ahead in the upcoming week? US Oil Technical Analysis: In this video, we delve deep into the 4-hour timeframe, dissecting key supply and demand zones to uncover invaluable insights into the potential trajectory of price action for USOILSPOT in the week ahead. Don't miss out on this golden opportunity to elevate your understanding of the future path of USOILSPOT. Stay ahead of the curve and gain a distinct competitive edge by immersing yourself in this price-action-based technical analysis. Unlock the secrets of the oil market's evolution and be at the forefront of every profitable move. Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
FX:USOILSPOT
by darcsherry
1
Crude oil analysis, today's long-short range is 81.2~78.2 International oil prices rose to a new high in more than 3-1/2 months yesterday, as API crude oil inventory data showed strong demand in the world's largest energy consumer, the United States, although demand concerns elsewhere limited gains. The latest data from the American Petroleum Institute (API) showed U.S. oil inventories fell by 15.4 million barrels in the week ended July 28, compared with analysts' expectations for a drop of 900,000 barrels. Official U.S. Energy Information Administration (EIA) data released on Wednesday matched that trend and will mark the biggest draw in U.S. crude inventories since 1982. Crude stockpiles elsewhere have also begun to decline as demand outstrips supply, while supply is constrained by sharp production cuts by Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), supporting prices. Saudi Arabia is expected to extend its current voluntary output cut of 1 million barrels per day over the weekend for another month until September. The daily level of crude oil rose unilaterally, and there is still a chance to go higher in the short term. Continue to pay attention to the resistance around the high point of 82.61 on January 23 and the high point of April 83.51. If the resistance around 83.51 is effectively broken, it is expected to open a new upward channel in the middle line , The midline target is expected to look around the 90 mark. Crude oil operation strategy: rebound to 80.8-81.2 empty, stop loss 81.5., below the target 79. Crude oil operation strategy: step back to 78.2-78.5 to do long, stop loss 77.8, target above 80.
TVC:USOIL
by ActuaryJ
Crude oil: Crude oil unexpectedly fell, but there is still a new From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an opening in 4 hours, a big negative line directly fell below the first-line support of the middle rail, and it is currently stabilizing near the lower rail. The short-term price may test the low point of last night again. It is necessary to pay attention to the support at this position. If it can hold, then the short-term The price will have a chance to rebound again. The operation idea is to look at a wave of rebound after the price retraces and stabilizes. Operation strategy: call back the 78.3-79 area to do long, stop loss at 79.6, and target 81 to short Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up
FX:USOILShort
by Dylan-Jones
1
Crude oil: Crude oil unexpectedly fell, but there is still a new From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an opening in 4 hours, a big negative line directly fell below the first-line support of the middle rail, and it is currently stabilizing near the lower rail. The short-term price may test the low point again. It is necessary to pay attention to the support at this position. If it can be held, the short-term price will go up There will be a chance to rebound again. The operation idea is to look at a wave of rebound after the price retreats and stabilizes. Operation strategy: call back the 78.3-79 area to do long, stop loss at 78.4, target 80.5 and directly empty Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up
FX:USOILShort
by Dylan-Jones
USOIL:i think it will continue to fall Hello traders, I think crude oil will continue to fall, what do you think? From the 4 hour chart Near 79 is the support level of the last few rebounds. I think it can be regarded as a short-term watershed. If this support level is broken, the downside will open below. Conversely, if support is formed here again, you can wait to buy short positions near 80.7. From a margin perspective, the downside is significantly higher than the upside. Judging from the current K-line distribution, the signal of peaking at the high level is obvious, so I think it will fall below here, and then accelerate the decline. Therefore, in terms of strategy, 79sell tp is around 77.3, and it will be around 76 after breaking the position If you agree with my point of view, welcome to follow TVC:USOIL FX:USOILSPOT BLACKBULL:USOIL.F
TVC:USOILShort
by Gina-lovestotrade
USOIL:I think shorting is the main Hey traders, I think crude oil is about to reach a short position, what do you think? From the 4-hour chart, the pressure of crude oil is around 77-77.2. If it does not break through 77.3, then the strategy can be shorted around 77-77.3. The target is first around 75.5, and after it breaks, look around 74. If it reaches near 74 to form a support, then backhand to do more. If you agree with my point of view, welcome to pay attention BLACKBULL:USOIL.F FX:USOILSPOT TVC:USOIL
TVC:USOILShort
by Gina-lovestotrade
1
Oil Prices WILL Fall Demand concerns Fed Rate HikesOil prices continued to trend lower in morning trade in Asia, with WTI heading toward HKEX:78 and Brent moving closer to $82. Canadian Government Admits It’s Short Tens Of Thousands Of Oil Workers The Fed has repeatedly indicated that is it not done with rate hikes, which traders see as countering any growing demand from China. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: STRONG Bearish The market is testing a major horizontal structure 79.46. Taking into consideration the structure & trend analysis, I believe that the market will reach 73.95 level soon. MY TARGETS 74.75 72.55 70.25 68.95 if boken, then 64,55 61,95 59,80
CAPITALCOM:OIL_CRUDEShort
by DaveBrascoFX
1
Potential Slowdown in Oil Price Ascent: Act Now to Stay AheadAs you may have noticed, oil prices have been consolidating from $74 to $77 per barrel. While this may initially seem optimistic, it is essential to consider the broader picture. Upon analyzing the market indicators, it has come to my attention that the slow stochastics are showing a decline in oil prices. This could potentially indicate a slowdown in the current oil price ascent. As seasoned traders, we must avoid such market shifts and make informed decisions to protect our investments. Considering the current situation, I strongly encourage you to take action and reassess your trading strategies to adapt to the changing market conditions. Here are a few steps you can consider: 1. Review your portfolio: Take a closer look at your current oil holdings and evaluate their performance in light of the recent consolidation and declining slow stochastics. Identify any potential vulnerabilities or areas for improvement. 2. Stay informed: Keep a close eye on the latest market news, trends, and expert opinions. Stay updated with relevant economic indicators, geopolitical developments, and other factors that could impact oil prices. 3. Diversify your approach: Consider diversifying your trading approach by exploring other energy commodities or related sectors. This can help mitigate risks and provide alternative profit opportunities. 4. Seek expert advice: Consult with experienced professionals or analysts in oil trading. They can provide valuable insights and help you navigate through the uncertainties of the market. By taking proactive measures and staying ahead of the curve, we can position ourselves to make well-informed decisions and maximize our potential gains. Remember that the oil market is dynamic, and adapting to changing circumstances is essential for long-term success. I encourage you to act promptly and thoughtfully. Assess the situation, gather information, and make informed decisions that align with your trading objectives and risk appetite.
TVC:USOIL
by bryandowningqln
USOIL: EIA data, bears Last week's API data showed a very large gap between the expected value and the announced value, but the market reaction was not so large. It should be due to doubts about the data. In addition, the crude oil volume announced today is bullish for the market. So although today's API crude oil inventory data is bearish for the market,but the market rallied. Now we come to the resistance level near 76. If you judge from the perspective of data trading, you cannot rule out the possibility of tempting bulls, because usually the probability of EIA and API moving in the same direction is very high, so for EIA, short selling should be safer.
TVC:USOILShort
by Allen_Ex
Oil Slides Amidst Weaker China Economic Data China plays a significant role in the global economy, and any fluctuations in its economic performance can have far-reaching consequences. The recent release of weaker-than-expected economic indicators from China has raised serious concerns about the country's economic health. These indicators include a slowdown in industrial production, declining retail sales, and decreased fixed-asset investments. Given China's status as the world's largest importer of oil, any economic downturn in the country is likely to directly impact oil demand and prices. We have already witnessed a significant oil price slide due to this unsettling news. The market sentiment has become increasingly bearish, and we must approach our oil investments cautiously during these uncertain times. Therefore, I strongly encourage you to hold off on any immediate oil investments until we gain further clarity on the situation. It is essential to closely monitor the developments in China's economic landscape, as well as the subsequent impact on global oil demand. By exercising patience and prudence, we can avoid potential losses and make more informed decisions when the time is right. In the coming weeks, I will closely monitor the market and keep a keen eye on China's economic indicators. I will keep you updated with any significant developments that may impact our investment strategies. Additionally, I urge you to stay informed through reliable sources and expert analysis to ensure you are well equipped to navigate these challenging market conditions. Please remember that our primary goal is to protect our investments and maximize returns. We can safeguard our portfolios from unnecessary risks by adopting a cautious approach and refraining from impulsive oil investments.
TVC:USOILShort
by bryandowningqln
Potential Decline in Brent Crude Oil MomAs you may be aware, technical indicators such as the Moving Average Convergence Divergence (MACD) and Stochastics have been widely used by traders to gauge market sentiment and identify potential trend reversals. In the case of Brent Crude Oil, these indicators indicate a possible decline in momentum. The MACD, a trend-following momentum indicator, shows a bearish crossover, suggesting that the short-term moving average is crossing below the long-term moving average. This occurrence is often seen as a signal for a potential downward trend. Similarly, the Stochastics oscillator, which measures overbought and oversold conditions, indicates that Brent Crude Oil is approaching overbought levels, implying a possible price correction. While it is important to note that technical indicators are not infallible and should always be used with other fundamental and technical analysis tools, converging these signals warrants careful consideration. Monitoring the market closely and exercising caution in trading might be prudent. It is worth mentioning that various factors can influence the oil market, including geopolitical events, supply and demand dynamics, and global economic conditions. Therefore, it is crucial to maintain a comprehensive approach to trading and consider multiple perspectives before making any significant decisions. Please note that this idea is intended to serve as an observation and should not be considered financial advice. As a seasoned oil trader, I trust your expertise and judgment to evaluate the situation and make informed decisions accordingly. If you have any questions or want to discuss this matter further, please do not hesitate to reach out in the comments.
OANDA:BCOUSD
by bryandowningqln
USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsOil prices soared to their highest level in nine weeks, setting the stage for a potential breakout to the upside and igniting hopes of an uptrend continuation. This surge comes against the backdrop of a weaker dollar, which hit a two-week low following robust U.S. jobs report that reinforced expectations for further Federal Reserve rate hikes. The rally in prices was fueled by a combination of supply concerns and technical buying, which offset worries that additional rate hikes might impede economic growth and dampen the demand outlook for oil. In a significant development, top oil exporters Saudi Arabia and Russia announced fresh output cuts last week. These cuts, in conjunction with reductions by OPEC+ (the Organization of the Petroleum Exporting Countries and its allies), now total approximately 5 million barrels per day (bpd), accounting for around 5% of global oil demand. It's important to note that a weaker dollar makes crude oil more affordable for holders of other currencies, potentially boosting oil demand. In this video, I present a comprehensive technical analysis of USOILSPOT, with a specific focus on key supply and demand zones within the Daily and 4-hour timeframes. By closely examining these critical indicators, our aim is to provide valuable insights into the potential direction of price action for USOILSPOT in the upcoming week. Don't miss out on this invaluable technical analysis, which will enhance your understanding of the future trajectory of USOILSPOT. Stay ahead of the curve and gain a competitive edge by watching the video now! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
FX:USOILSPOT
by darcsherry
USOIL:I think it will fall first and then rise Dear trader, I think crude oil will fall first and then rise, what do you think? Crude oil has been in a fluctuating upward trend recently, and it is possible to end the wide fluctuations that lasted for more than two months. The main trend is still low bullish mentality trading At present, you can go short first, and then go long The specific strategy is: buy short around 75, tp73.5-74 After going flat, buy long positions near 73.5, TP75-76 If you agree with my point of view, welcome to follow TVC:USOIL BLACKBULL:USOIL.F FX:USOILSPOT
TVC:USOILShort
by Gina-lovestotrade
Crude oil has shown a strong rise, short-term focus on 74.3 suppLooking at the daily level of crude oil, the Bollinger Bands open upward, and the price breaks through the resistance on the upper track. The bullish trend is clear. Short-term operations and other callbacks enter the market, following the trend. In the 1H chart, the Bollinger Bands continue to open upward, and the opening price of the Asian market rose. Going out of the recent new highs, in the short-term within the day, pay attention to the support in the 74.3-74.5 area below, and wait for the callback to stabilize before you can place more orders. Operation strategy: wait for the opportunity, go long around the callback 74.3, otherwise give up its trade
TVC:USOILLong
by ActuaryJ
USOIL: Intraday crude oil analysis, is the retracement an opportThe overall trend of crude oil was strong yesterday, and it was a slow rise. Although the volatility is not large, the trend is obvious. A hammer line is charged on the daily line, and the price is running above the moving average. As long as the MA10 is not broken, the oil price will continue to strengthen. So the overall idea today is to look at the strength above 70, but since the bottom retracement point is at 69.7, then if we synthesize it within the day, the strength above 69.6 will remain unchanged. The bullish point focuses on the upward trend of 70~70.2, the lower point is 69.6, and the target is above 71.4 (personal opinion, not as an actual operation signal)
TVC:USOILLong
by ActuaryJ
1