Get started
U.S. DOLLAR / BRENT CRUDE OILU.S. DOLLAR / BRENT CRUDE OILU.S. DOLLAR / BRENT CRUDE OIL

U.S. DOLLAR / BRENT CRUDE OIL

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

USDBRO trade ideas

TradePlus-Fx|BRENT: intraday idea💬 Description: Today, the instrument is at the level of 87.45 and is most likely to prepare for a fall in the more medium term. But here it is necessary to take into account the geopolitical background, which greatly influences oil. Today, an idea is proposed, the time frames of which are within the day. Namely, long for the purpose of local updating of the maximum. The approximate target is the level of 90 . After which, as was said, the price will most likely rush down again, if there are no sharp geopolitical surges on the world stage. 🔔 FX CALENDAR TODAY 🔔 🇺🇸PCE Price index 🇺🇸CPI 🛢US Baker Hughes Total Rig Count ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
TVC:UKOILLong
by TradePlus-Fx
12
UK Brent Oil 4H :Retest and then rise upUK BRENT OIL New forecast The price perfectly fulfills my last idea and reached to our first target +285 pip . The price of Brent crude oil contracts has made new attempts to penetrate the 89.55 level and is finding it difficult to exceed it, waiting for a strong positive incentive that will contribute to pushing the price to exceed this level and confirm the opening of the way for a rush towards our new positive targets that start at 91.00 and extend to 92.52. Therefore, the emerging scenario will remain valid and effective due to the poor situation between Israel and Palestine. keeping in mind stability above 89.55 represents a preliminary condition for the continuation of the expected rise, as trading under that area it will put pressure on the price to decline again to the previously broken level 86.93 so now it is possible to do a negative correction and then we will see bullish waves . The expected trading range for today is between support 86.93 and resistance 89.55 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 86.93 , 85.32 resistance line : 88.38 , 89.55 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed
Price of Oil in Tense Anticipation Monday's opening came without any surprises. Despite the news that the Israeli army is moving to a new phase of the operation in Gaza, the price of Brent oil did not change much, trading started around the middle of the Friday candle. The chart shows that the price of Brent oil has fluctuated between USD 86.60 and USD 89.10 since October 24th. At the same time, the MACD indicator shrank near the zero line, which is typical for flat markets. However, it can hardly be said that bidders are calm. On the one hand, they are closely monitoring news from the Middle East, where escalation could provoke supply disruptions and sharply increase the price of oil. On Sunday, US national security adviser Jake Sullivan said the US sees an increased risk of the conflict spreading to other parts of the Middle East region. On the other hand, the Federal Reserve is expected to make a decision on interest rates this week. The event is scheduled for Wednesday evening, and it can greatly change the current balance of supply and demand. The basis of the plan for the week can be the expectation of an impulse with the price leaving the specified range (similar to the inside bar strategy), which can develop into a new significant trend. In this case, if the price goes out of the range: → in the upward direction will mean an attack by the bulls on the psychological level of USD 90; → in a downward direction will mean an attempt to break through an important ascending channel (shown in blue); → since the level of emotional stress is high, it can be assumed that the market is especially vulnerable to false movements. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XBRUSD
by FXOpen
Brent OIL in USD until April 2024 + some projections into 2025 Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no lower than USD 87. End of April will mark a major breakout from the accumulation phase starting a new sequence of higher highs, the first is expected around the level of USD 98. Followed by a quick retest of USD 93-96 range ending in the beginning of July 2024. The long awaited OIL bullrun is likely to start in July 2024 and last until mid September 2025 reaching USD 213 level.
VELOCITY:BRENT
by discarding
UK Brent Oil 4H :under 88.38 will be bearish UK OIL New forecast The price of Brent crude futures approached our expected negative target at 85.32 and rebounded sharply to penetrate the 88.38 level and stabilize around it, which prompts the price to try to stop the downward correction that is dominating recent trading. Therefore, we expect to witness further decline during the coming sessions, but on the condition that the price continues below 88.38 to reach 86.93 again, and by breaking it, it will reach 85.32, taking into account that consolidation above 89.55 will put pressure on the price to continue positive trading and head to visit the 91.00 areas in a way Main. The expected trading range for today is between support 85.32 and resistance 89.55 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 86.93 , 85.32 resistance line : 88.38 , 89.55 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
11
Oil Brent - H4\D1Oil Brent The nearest target is at 96.00 in continuation of the 5th wave on D1 H4 - there was a fixation behind the correctional channel and a 3-wave structure may form, which may indicate continued movement up the trend. What to expect now? Expectation of breaking through the level - 89.25, locally the target is 91.40 - 94.88 When opening a position, it is best to exit the position from the level of 86.47 - 85.66, if this scenario does not materialize. Long Targets 89.98 - 91.40 - 92.75 - 94.88 - 96.00
TVC:UKOILLong
by Trade_Hive_Signals
UK Brent Oil 4H : wait for confirmation and then sell itUK BRENT OIL New forecast The price perfectly fulfills my last idea and price reached to our second target +230 pip . The price of Brent crude oil futures is trading negatively now, putting pressure on the 88.38 level, reinforcing expectations of a continuation of the downward trend for the rest of the day, paving the way for heading towards our negative targets, which begin with a break and stability below the 88.38 level to reach 86.93 and extend to 85.32. The 50 moving average supports the expected downward trend, which will remain in place provided that a break of the 88.38 level is confirmed and consolidation below it. The expected trading range for today is between support 86.93 and resistance 91.00 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 88.38 , 86.93 resistance line : 89.55 , 91.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
UK Brent Oil 4H :New forecast UK BRENT New forecast The price of Brent crude futures opened today's trading with a strong decline, breaking the support of the ascending channel and settling below it, which may put pressure on the price to conduct a new downward correction. Its targets begin by testing the 91.00 level and extend to 89.55 after breaking the previous level. On the other hand, we notice that the price stops at the support of an ascending secondary channel shown in the image, and the moving average 50 meets at this support to add more strength to it, which may contribute to pushing the price to return to the main ascending path again .so stability above 92.52 postponed the bearish attempts . The expected trading range for today is between support 91.00 and resistance 92.52 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 91.00 , 89.55 resistance line : 92.52 , 94.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILShort
by Arazmajeed
UK Brent OIL 4H : try to retest and then rise UKOIL New forecast The price perfectly fulfills my last idea and price reached our second target + 300 pip . The price of Brent crude futures traded strongly positively yesterday, breaching the 92.52 level and confirming a return to the ascending channel once again, reactivating the positive scenario and heading towards achieving positive targets starting at 95.00 and then 96.00. The 50 moving average supports the price from below to reinforce the continuation of the suggested upward trend, which will remain in effect provided that the price maintains its stability above the 92.52 level.also its possible to retest to 92.52 and then rise up again . The expected trading range for today is between support 92.52 and resistance 95.00 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 92.52 , 91.00 resistance line : 94.00 , 95.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:UKOILLong
by Arazmajeed