OIL: A Bearish Setup And Geopolitical UncertaintyOIL: A Bearish Setup And Geopolitical Uncertainty
Today Oil is showing a clear bearish pattern development but it comes with a high risk from a fundamental perspective.
Technical analysis:
The price faced a strong resistance near 64 - 64.80 from where it moved down several times. The Chart is showing in a clear way the possibility of a bearish movement with targets 60.2 ; 58 and 56.
It's possible that OIl may follow this way down if we don't take the news in consideration.
Fundamental Analysis:
Yesterday OIL declined toward $61 as traders anticipate positive developments on teh next round between US-Irand Nuclear negotiations.
Earlier yesterday their lider said that the deal with the U.S was impossible.
On the other hand, On Tuesday, the US obtained new intelligence suggesting that Israel is making preparations to strike Iranian nuclear facilities, even as US President Donald Trump has been pursuing a diplomatic deal with Tehran. It isn’t clear that Israeli leaders have made a final decision to carry out the strikes, CNN said, citing unnamed officials.
So all of this is not a clear situation and if something happens OIL may rise aggressively up again. But this is all related to the news now.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
USOIL trade ideas
Hellena | Oil (4H): SHORT to support area of 56,339.Colleagues, I was watching the price and was expecting a pattern for a reversal downtrend. I still expect a downward movement and believe that the price is in a combined correction.
This means that wave “B” has been formed and I expect wave “C” to reach at least the 56,339 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
WTI OIL 1H Channel Up make or break Targets.WTI Oil (USOIL) has been trading within a Channel Up on the 1H time-frame that is supported by the 1H MA200 (orange trend-line). As long as this holds, we expect another +2.50% Bullish Leg (at least), which gives a Target of $63.55.
If the price breaks below the 1H MA200 though, we will take this small loss on the long and go short instead, targeting Support 1 at $60.60.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USOIL Will Fall! Short!
Take a look at our analysis for USOIL.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 60.503.
Taking into consideration the structure & trend analysis, I believe that the market will reach 55.493 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USOIL Weekly Analysis – Major Breakdown and Retest in PlayAfter several months of holding firm, USOIL has finally broken below its key support zone around $67–$70, which had acted as a floor since mid-2021 . This is a significant technical development, and the current price action is showing a classic bearish retest of that broken structure.
Technical Breakdown:
Support Broken:
The $67–$70 zone was tested multiple times over the past 2 years. Price has now cleanly broken through it and is struggling to reclaim it.
Retest in Progress:
Price is currently hovering around $62.36 and failing to push back above the broken support. This retest is textbook and could confirm further downside.
Market Structure:
Lower highs and lower lows dominate the weekly chart = clear bearish trend.
Bearish Targets:
Target 1: $53.50 – Previous minor demand zone from 2021.
Target 2: $41.50 – Strong historical support and potential major bounce area.
Invalidation Zone:
If price closes above $70 on the weekly chart, the breakdown would be invalidated and we’ll reconsider our bias.
Confluence:
Broken multi-year support
Bearish retest on weekly timeframe
Clear downside liquidity below
Summary:
Bias: Bearish
Setup: Short on confirmation of rejection below $67
Timeframe: Weekly / Daily
This is a high-probability setup if the rejection continues. Look for further bearish price action on the daily or 4H chart for refined entries. As always, manage risk carefully .
Like & Follow for more clean, high-timeframe breakdowns!
USOIL Today's Trading StrategyFrom the demand side, although U.S. crude oil inventories are currently rising and oil product demand is declining, the summer driving season is approaching, and gasoline consumption is expected to increase significantly—a yearly pattern. For example, during summer, increased driving leads to more people refueling at gas stations, boosting gasoline demand and in turn driving crude oil demand growth. Additionally, the gradual recovery of the global economy will increase industrial production's consumption of crude oil, providing strong support for oil prices.
In terms of geopolitics, tensions in the Middle East persist, with high uncertainty surrounding the Iran nuclear negotiations and elevated risks of conflict between Israel and Iran. If a conflict breaks out, crude oil production and transportation in the Middle East will inevitably be disrupted, reducing global crude oil supply and causing oil prices to surge rapidly like a rocket.
USOIL Today's Trading Strategy:
USOIL BUY@61~60.5
SL:60
TP:62.5~63
USOIL Today's Trading Strategy:Recent oil prices have been extremely volatile. On the supply side, OPEC+ has continued to increase production since June, with output hikes sustained over the past few months. This has led to a surplus in crude oil supply, exerting downward pressure on prices. Additionally, U.S. shale oil production capacity may gradually be released as prices rebound. However, production costs in U.S. shale oil regions, such as Midland, act as a floor for prices: new wells require oil prices to stay above $60 per barrel to be profitable, providing some support for prices.
On the demand side, global economic growth has been sluggish. In particular, U.S. tariff hikes have impacted global commodity flows and suppressed oil demand growth in developing countries. However, a easing of U.S.-China trade tensions could potentially bolster oil demand. Moreover, heightened tensions in the Middle East, if conflicts escalate and disrupt oil production and transportation, could cause oil prices to surge in the
USOIL Today's Trading Strategy:
USOIL BUY@60~60.5
SL:60
TP:61.5~62
WTI Crude Oil Price Targets Fresh GainsWTI Crude Oil Price Targets Fresh Gains
WTI Crude oil prices are gaining bullish momentum and might even test $63.50.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude climbed above the $60.90 and $61.50 resistance levels.
- There is a key rising channel forming with support at $61.30 on the hourly chart of XTI/USD at FXOpen.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil at FXOpen, the price started a fresh upward move from $60.10 against the US Dollar. The price gained bullish momentum after it broke the $60.90 resistance.
The bulls pushed the price above the 50% Fib retracement level of the downward move from the $63.45 swing high to the $60.08 low. The price even climbed above the 50-hour simple moving average.
It tested the $62.15 resistance zone and the 61.8% Fib retracement level of the downward move from the $63.45 swing high to the $60.08 low. There is now a key rising channel forming with support at $61.30.
The RSI is now near the 50 level and the price could aim for more gains. If the price climbs higher again, it could face resistance near $62.15. The next major resistance is near the $62.65 level. Any more gains might send the price toward the $63.45 level or even $65.00.
Conversely, the price might correct gains and test the $61.30 support level. The next major support on the WTI crude oil chart is near the $60.90 zone, below which the price could test the $60.10 zone.
If there is a downside break, the price might decline toward $58.50. Any more losses may perhaps open the doors for a move toward the $55.50 support zone.
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.
WTI Oil H4 | Pullback support at 50% Fibonacci retracementWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 59.71 which is a pullback support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 57.50 which is a level that lies underneath a swing-low support.
Take profit is at 63.72 which is a multi-swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USOILUSOIL is in a correction phase. If the price can stay above 61.5, it is expected that the price will rebound. Consider buying in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
WTI CRUDE OIL: Mirror pattern calls for a sell.WTI Crude Oil is neutral on its 1D technical outlook (RSI = 50.222, MACD = -0.370, ADX = 25.154) as the price is just under the 1D MA50, where it got rejected last Tuesday. In the meantime, it has the support of the 4H MA50, hence stuck inside a neutral range. This pattern is however identical to April, after which the price declined aggressively to the S1 level. Sell, TP = 56.00.
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
USOIL Today's Trading StrategyThe current crude oil price is $62.5 per barrel. Recently, the crude oil price has witnessed a certain degree of decline, mainly affected by factors such as the unexpected production increase of OPEC+ and the suppression of demand by US tariffs. Since April, the international crude oil market has seen a sharp decline. First, Trump announced the launch of the "reciprocal tariff" policy, which has intensified market concerns about the global economic growth outlook and will once again lead to a decline in crude oil prices.
USOIL Today's Trading Strategy:
USOIL SELL@63.5-64
SL:65
TP:61~60
Crude Oil Monday Opening Trend Analysis & Trading TipsThe real-time trading signals we provided have been profitable every day. If you don't know how to get started, you can refer to my strategies. 👉🏼👉🏼👉🏼
During the US trading session on Friday, oil prices fluctuated narrowly higher, with USOIL trading near $61.98 per barrel. After a sharp decline in the previous session, prices rebounded slightly on Friday, forming a weekly pattern of rallying followed by a pullback. The easing of global trade tensions has alleviated market concerns about the global economy and oil demand, supporting prices; however, oversupply sentiment remains a headwind.
On the daily chart, the medium-term trend is downward, with moving averages suppressing rallies. After hitting a low of 55.20, prices have oscillated between bullish and bearish sentiment, forming a bearish flag continuation pattern in its infancy. Attention should focus on whether prices can break above the flag's upper trendline—medium-term consolidation is likely to be followed by a decline to the 50 level.
In the short term (1H chart), the consolidative decline continued to test the 60 support level, where prices rebounded modestly. Moving averages still cap upside potential, keeping the short-term trend downward. While the MACD indicator has formed a bullish cross below the zero line, indicating slightly strengthened bullish momentum, prices are expected to rise briefly before encountering resistance near 63.50 and reversing lower.
Overall, next week’s trading strategy for crude oil should prioritize shorting on rallies, with a secondary focus on buying on pullbacks. Short-term resistance lies at 63.5–64.0, while support is at 60.5–60.0.
USOIL
buy@61.50-62.00
tp:63.00-63.50
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.👇🏽👇🏽👇🏽
USOIL A Fall Expected! SELL!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 61.87
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 61.38
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
Will crude oil prices continue to rise?On Wednesday, international crude oil prices surged to nearly a one-month high amid market concerns over supply disruptions in the Middle East. News that Israel may strike Iranian nuclear facilities has ignited a risk premium for crude oil, while stalled progress in U.S.-Iran nuclear negotiations has also tightened supply expectations. The latest data from the Fujairah Oil Industrial Zone in the UAE showed that as of the week ending May 19, total refined product inventories at the Port of Fujairah stood at 20.562 million barrels, a 4.9% decline from the previous week. Light distillate inventories fell by 357,000 barrels to 8.277 million barrels, medium distillate inventories dropped by 467,000 barrels to 1.295 million barrels, and heavy residual fuel oil inventories rose by 1.651 million barrels to 10.99 million barrels.
Crude oil experienced a pullback today, with prices oscillating lower after the opening, showing minor fluctuations. Notably, prices gradually broke to new lows, suggesting a high probability of a rapid decline. Overall, crude oil has been in a stalemate between rally and correction recently, showing a pattern of daytime declines and night-time gains, but this may shift today. In trading, consider going long on rebounds as the primary strategy and shorting at highs as a secondary approach. Monitor resistance at the $63.0-$64.0 per barrel level and support at the $61.0-$60.0 per barrel level.
Trading Strategy:
buy@60.0-61.0
TP:63.0-64.0
In the market, there are no absolutes, and neither upward nor downward trends are set in stone. Therefore, the ability to judge the balance between market gains and losses is your key to success. Let money become our loyal servant.
USOIL BEST PLACE TO SELL FROM|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 61.86
Target Level: 55.95
Stop Loss: 65.80
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Crude oil: 63.00 resistance & 60.00 support keyPrices are currently testing the upper resistance at $63.00 📈. These levels are suppressing the price 🔻. A decisive breakthrough above this level may trigger a more intense upward rally 🔥. Meanwhile, recent selling pressure has pushed the price down to $60.60 📉. Watch the pivot support at $60.00, the real downward target 🎯
Crude oil surplus expanded in April, and imports increased, reaching multi - month highs from some countries 🌍. If global benchmark oil prices rise in the future, purchases may be reduced 📉.
Crude oil fell first and then rose today 📊. After a deep dive to $60.9, it stabilized and started to rise 🔼. After the previous price increase and adjustment, it remains to be seen if the upward momentum will continue and break through upwards 🔍.
Overall, on the delivery day, oil prices are volatile 🔼🔽. Watch the resistance at $63.0 on the upside and the support at $60.60 - $60.0 on the downside 👀.
⚡️⚡️⚡️ USOil ⚡️⚡️⚡️
🚀 Sell@ 62.50 - 62.30
🚀 TP 61.50 - 60.60
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Oil bearish trend resumesI believe that we have been in a slow oscillating move to the high of $64.50. Which is a previous resistance area. The flash news of Israel planning on attacking Iran nuclear facilities caused a rally on the daily open. The markets viewed that this appears to be very unlikely to occur.
Price then hit the daily resistance area and started to fall since reaching these highs.
Today the build on oil inventories appears to have sealed oils fate and the downward pressure has continued.
USOILUSOIL (WTI Crude) Fundamentals – May 2025
1. Supply and Demand Dynamics
Global Oil Demand:
The International Energy Agency (IEA) projects global oil demand growth will slow from 990,000 barrels per day (bpd) in Q1 to around 650,000 bpd for the rest of 2025, reflecting economic headwinds and record-high efficiency gains.
The IEA’s latest report (May 2025) estimates total demand will rise by 741,000 bpd in 2025, reaching 103.9 million bpd, with emerging markets (China, India, Africa, Latin America, Middle East) driving most of the growth.
OECD demand is expected to decline, while non-OECD demand remains geographically diversified.
Global Oil Supply:
Global crude oil and liquids supply is forecast to average 104.4 million bpd in 2025, up 1.8 million bpd (+1.7%) from 2024.
Non-OPEC+ countries (U.S., Brazil, Guyana, Canada) are expected to contribute most of the supply growth, potentially resulting in a supply surplus.
OPEC+ extended its 3.7 million bpd supply cuts to the end of 2026, but voluntary cuts will be gradually phased out starting April 2025.
Supply-Demand Balance:
The EIA expects a supply surplus in 2025 as non-OPEC+ supply growth outpaces demand increases, especially with OPEC+ phasing out some cuts.
2. Inventory and Refinery Data
U.S. Inventories:
U.S. commercial crude oil inventories fell by 2.7 million barrels at the end of April, now about 6% below the five-year seasonal average.
Gasoline and distillate inventories remain below average, suggesting tightness in refined product markets.
U.S. refineries are operating at 88.6% capacity, with robust input and flat-to-lower gasoline production.
3. Geopolitical and Macro Factors
Trade Policy and Geopolitics:
Recent easing of U.S.-China trade tensions and progress in U.S.-Iran nuclear talks have improved risk sentiment and supported oil prices.
Hopes for a Russia-Ukraine ceasefire and de-escalation in the Middle East have reduced risk premiums, but the market remains sensitive to any setback in negotiations.
OPEC+ Compliance:
OPEC+ compliance with production cuts was high (112%) in March 2025, tightening supply and helping prices rebound from recent lows.
4. Price Trends and Outlook
Current Prices:
WTI crude is trading around $62.80–$63.50, rebounding from recent lows but still well below early 2025 peaks.
Price volatility remains high (Brent’s 30-day realized volatility peaked at 35%), reflecting sensitivity to geopolitical headlines and inventory data.
Forecasts:
J.P. Morgan maintains a Brent forecast of $66/bbl for 2025, with expectations for prices to remain under pressure due to supply surplus, but potential for mid-$70s if trade optimism and OPEC+ discipline persist.
Futures markets price WTI at an average of $75/bbl for 2025, though this is above current spot prices.
Summary Table
Factor Current Status/Impact (May 2025)
Global Demand Growth Slowing, driven by emerging markets
Global Supply Rising, led by non-OPEC+ (US, Brazil, Guyana)
OPEC+ Policy Extended cuts, gradual phase-out
US Inventories Below 5-year average, supporting prices
Geopolitical Risk Lower, but market remains headline-sensitive
WTI Price Range $62.80–$63.50 (recent), futures avg $75/bbl
Volatility High, driven by macro and geopolitical uncertainty
Conclusion
USOIL fundamentals for May 2025 reflect a market balancing slower demand growth, robust non-OPEC+ supply, and cautious optimism on geopolitics. Ongoing OPEC+ discipline and below-average inventories provide some support, but the risk of a supply surplus and persistent volatility keep prices capped. Watch for trade policy shifts, OPEC+ compliance, and inventory trends as key catalysts for the month.
Current Crude Oil Trend Analysis and Trading AdviceThe real-time trading signals we provided have been profitable every day. If you don't know how to get started, you can refer to my strategies. 👉🏼👉🏼👉🏼
On Wednesday, driven by market concerns over supply disruptions in the Middle East, international crude oil prices surged to a nearly one-month high. News that Israel might strike Iranian nuclear facilities has sparked a risk premium for crude oil, while stalled progress in U.S.-Iran nuclear negotiations has also tightened expectations for the supply side.
Crude oil experienced a pullback today, with prices fluctuating slightly after the opening and breaking to new lows gradually. It is highly likely that oil prices may see a sharp decline. Overall, crude oil has been in a stalemate between rallies and corrections recently, showing a pattern of daytime declines and nighttime gains, but this may shift today.
For today's trading, consider shorting on rebounds as the primary strategy, supplemented by shorting at higher levels. Monitor resistance at the $63.0-$64.0 per barrel range, and support at the $61.0-$60.0 per barrel range.
USOIL
buy@61.00-61.50
tp:62.00-63.00
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.👇🏽👇🏽👇🏽