usoil sellWest Texas Intermediate US Crude Oil prices remain under some selling pressure for the third successive day on Friday and trades near the weekly low, around the $80.30 region during the Asian session.
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market's volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
Usoilshort
Usoil up Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
Usoil up confirm Chart
USOIL H1 / EXPECTING A SHORT POSITION CONFIRMAITON ✅💡Hello Traders!
This is my idea related to USOIL H1. I expect that the price will go bearish as it retraces from the resistance level of a bullish channel and I expect a retracement until the price of 79.000 as we have the FIB resistance levels.
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.
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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!
USOIL Oil holds steady around $80.60 area, just below the YTD peak touched on Thursday
West Texas Intermediate US Crude Oil prices oscillate in a narrow range, just above mid-$80.00s during the Asian session on Friday and remain well within the striking distance of the highest level since November 6 touched the previous day.
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
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!
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
Usoil analysis 4h (read caption)Hello trader' what do you think about usoil
1. **Initial Analysis**: You mentioned a strong buy signal for Usoil to reach higher highs, but it has since broken and rejected the area around 79.90 and 80.00.
2. **Resistance and Support Zones**: Currently, you're observing the market testing resistance zones at 79.80 and 80.20. If these levels hold, the market may experience a pullback towards support zones at 75.60 and 74.70.
3. **Stop Loss Level**: It's important to set a stop loss to manage risk. You suggested a stop loss at 81.50 to limit potential losses if the market moves against the anticipated direction.
Please like comment and follow thank you for support
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!
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!
USOIL - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USOIL.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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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
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!
Usoil up confirm Chart Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
Confirm signal
Today's crude oil trading analysis
Today's crude oil trading analysis
Yesterday, crude oil continued to fluctuate upwards, and the second time it tested high, it looked around 80.7, but it has not yet formed a breakthrough. The recovery range in late trading was within 80.0, and the daily closing line had an upper shadow line, which is still in the stage of shock and rise. At this stage, it is being set The upper track of Linguan is oscillating and is expected to break through the upper track.
From the daily chart, crude oil is expected to continue to fluctuate upward along the upward trend line in the short term. In the short term, buy at low prices.
Recommendation: Buy crude oil at $79.6
TP 80.5
SL 78.6
Usoil up Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
Confirm Chart
USOILWTI extends its losses to near $77.70 as demand concerns rise after US factory dataWest Texas Intermediate oil price extends its losses for the third successive session, trading lower near $77.70 per barrel on Wednesday. Concerns about demand weigh on Crude oil prices following recent data indicating slowing economic activity in the United States, the world's largest oil consumer. Crude Oil markets waffled on Tuesday, dragging West Texas Intermediate (WTI) US Crude Oil further down the charts to test below $78.00 per barrel as a long-awaited uptick in Chinese Crude Oil demand fails to materialize.The Organization of the Petroleum Exporting Countries (OPEC) recently announced a broadly-anticipated extension to first-quarter production caps that were meant to bolster global prices of Crude Oil. Despite OPEC continuing to crimp output of its member states, production from non-OPEC nations, notably the US, continues to climb, and far-off expectations of possible refining curtailing have yet to materialize. confirm signal
Usoil up confirm Chart Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
Confirm signal usoil buy
Usoil up Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today
Crude Oil Prices Struggle As China Growth Plans Fail to Convince
Worries about Chinese energy demand have been a problem for oil bulls for some time as the world’s number two economy struggles to regain anything like its pre-pandemic vigor. Beijing has announced its intentions to ‘transform’ its development mode, and address endemic overcapacity, but its 2024 growth target of 5% perhaps only served to remind investors that China remains in the slow lane by its own recent standards.
Confirm Chart
USOIL SELL Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.Crude Oil Prices Today USOIL NOW 80. 20 TARGET 76 SL 82
The rules for making money in oil in the short and medium term From the four-hour chart of crude oil, oil prices are still in the rebound stage. Mainly fluctuating and rising, it continues to test the upper edge of the channel. Judging from the past background of this round of testing, the accumulated momentum is sufficient, and the mid-term trend will mainly be upward.
The short-term support is mainly strong support from OPEC production cuts. The demand for oil prices has increased significantly, and geopolitics has once again consolidated the status of this hard currency. If the dollar falls due to some economic fallout, oil will rise even faster. Trading on March 4 was dominated by buying at low prices. Buying transactions can be conducted near the price of 80. If you are a mid-term trader, you can buy at low prices in batches. The target position for this week is above 83. Whether you are a mid-term trader or a short-term trader, you need to pay attention. You can stop trading after making a profit. Prevent profits from blowing back and causing losses at the same time.
This price is based on the tradingview oil price as a reference.
Accurate prices and trading opportunities for real-time trading. Stay tuned. TVC:USOIL FX:USOIL FOREXCOM:USOIL GBEBROKERS:USOIL FX:USOILSPOT BLACKBULL:USOIL.F
Usoil up Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
WTI US Crude Oil traded closely with the $78.00 handle on Thursday as bullish Crude Oil momentum stopped in its tracks as rising US Crude Oil stocks begin to weigh on energy risk appetite. US Personal Consumption Expenditure inflation came in at expectations but failed to spark renewed hopes for Federal Reserve rate cuts.