USOUSD trade ideas
SELL USOILAs we had analysed the US DOLLAR which we expect big drop, in todays session we are monitoring USOIL for selling opportunities . Our entry is at 60.75 and stops above 61.50. Targets are 59.00 and below. Use proper risk management.
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
USOIL Today's Trading Strategy:Recently, there have been many developments in the crude oil market that affect the price trend. From the supply side, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) have been committed to production cuts to stabilize oil prices. Some member countries have even taken unexpected production - cutting actions, which has reduced the crude oil supply to a certain extent. Major oil - producing countries such as Saudi Arabia have cut their own crude oil production, sending a strong signal to the market to control the supply.
Meanwhile, the global crude oil demand has not declined significantly. With the gradual recovery of the global economy, industrial production activities in many countries have increased, and the demand for crude oil has also increased. In particular, some emerging economies have a relatively high - speed economic growth and a high degree of dependence on crude oil. Their growing demand strongly supports the crude oil price.
USOIL Today's Trading Strategy:
USOIL BUY@61~60.5
SL:60
TP:62.5~63
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.
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Bullish momentum to extend?WTI Oil (XTI/USD) has bounced off the pivot and could rise to the 1st resistance, which lines up with the 61.8% Fibonacci projection.
Pivot: 60.08
1st Support: 57.68
1st Resistance: 64.63
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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.
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Oil: Elliott Wave WXY Pattern Signals Potential Shift🛢☕️ #OilInsteadOfCoffee | 📐 #TECHANALYSIS
Oil has not yet broken its upward trend, but it appears to have surpassed a local peak and formed a WXY pattern (a combination in Elliott Wave theory: W = flat, X = double zigzag, Y = single zigzag). The Y wave could still evolve into a triangle (blue) or a flat. We hold positions and await further developments.
⚠️ Disclaimer:
Our analysis is food for thought, not a call to action.
Trade with a cool head, a clear plan, and your own analysis.
0522：WTI Crude Oil Setup: Key Trade Opportunity Hello traders,
Simple strategy to follow daily trading signal here:
A: daily trading plan:
setup selling trade when 1h chart giving you a trading selling signal:
TP1: 55.50
TP2: 50.50
B. 4H trading plan:
follow the pattern selling from C to D,
TP1: 58.70
TP2: 57.20
TP3: 55.30
GOOD LUCK!
LESS IS MORE!
WTIFrom the channel ceiling, it can go back to the midline and the channel floor...
something it has followed so far, and the support levels are also lower.
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.
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USOIL | ShortA visible bearish divergence can be observed with the double top pattern which indicates the further continuation of bearish trend.
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.
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WTI Crude: Bears Target 60.549 USDHey traders and investors!
🔹 Crude Oil — 1D / 4H
📍 Context
Daily (1D): clear short trend; price capped below 65.40 USD.
4-Hour (4H): sideways range — its boundaries are marked by black lines on the chart — with seller initiative in control.
Higher-time-frame levels reinforce the bearish bias.
🔎 Analysis
Sellers keep the upper hand on 4H. The daily shows no strong buyer bars, sustaining downward pressure. If price retests the IKC zone and prints bearish confirmation (high-volume seller bar or buyer absorption), the odds of breaking 60.549 USD increase.
🎯 Trade Idea
Setup: hunt for short patterns inside the IKC range.
Target: 60.549 USD (range low).
Confirmation: pattern on M15–H1 + seller-side volume.
📌 Takeaway
Bears remain in control. Wait for a trigger inside the IKC zone and lower-TF confirmation before joining the move toward 60.549 USD.
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
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.
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WISH YOU ALL LUCK
Latest Strategic Positioning for Crude OilDuring the US trading session, crude oil prices declined for the second consecutive trading day after rebounding from intraday lows and encountering resistance. The commodity traded at $60.42 per barrel, representing a 1.87% daily loss.
Per the Commitments of Traders (COT) report released last Friday, there exists a moderate divergence in sentiment between managed funds and asset management firms regarding WTI crude oil futures. While both investor categories maintain net long positions, over the prior two weeks, managed funds reduced their net long exposure by approximately 20,000 contracts, whereas large speculators increased their net long positions by 10,000 contracts.
Technically, crude oil exhibited a "rally-and-reversal" pattern today, retreating under selling pressure near the $61.7 resistance zone before stabilizing and rebounding around $60.0. Current price action indicates a range-bound oscillation, with bullish stabilization probabilities contingent on the $60.0 support level holding firm.
In summary, crude oil remains trapped in a narrow consolidation phase, with overhead resistance levels retaining dominance. For today's trading strategy, a "rebound shorting-first" approach is recommended, complemented by tactical long positions on dips. Key resistance lies between $61.7-$62.5, while support zones are identified at $60.0-$59.0.
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.
Will Middle East Tensions Ignite a Global Oil Crisis?The global oil market faces significant turbulence amidst reports of potential Israeli military action against Iran's nuclear facilities. This looming threat has triggered a notable surge in oil prices, reflecting deep market anxieties. The primary concern stems from the potential for severe disruption to Iran's oil output, a critical component of global supply. More critically, an escalation risks Iranian retaliation, including a possible blockade of the Strait of Hormuz, a vital maritime chokepoint through which a substantial portion of the world's oil transits. Such an event would precipitate an unprecedented supply shock, echoing historical price spikes seen during past Middle Eastern crises.
Iran currently produces around 3.2 million barrels per day and holds strategic importance beyond its direct volume. Its oil exports, primarily to China, serve as an economic lifeline, making any disruption profoundly impactful. A full-scale conflict would unleash a cascade of economic consequences: extreme oil price surges would fuel global inflation, potentially pushing economies into recession. While some spare capacity exists, a prolonged disruption or a Hormuz blockade would render it insufficient. Oil-importing nations, particularly vulnerable developing economies, would face severe economic strain, while major oil exporters, including Saudi Arabia, the US, and Russia, would see substantial financial gains.
Beyond economics, a conflict would fundamentally destabilize the geopolitical landscape of the Middle East, unraveling diplomatic efforts and exacerbating regional tensions. Geostrategically, the focus would intensify on safeguarding critical maritime routes, highlighting the inherent vulnerabilities of global energy supply chains. Macroeconomically, central banks would confront the difficult task of managing inflation without stifling growth, leading to a surge in safe-haven assets. The current climate underscores the profound fragility of global energy markets, where geopolitical developments in a volatile region can have immediate and far-reaching global repercussions.
WTI : UPTREND PATTERNYo. Good ? Me too.
1- W Bottom need to break 64.50 for confirmation.
2- H&S pattern inverted is the plan.
3- Target is all pattern is correct : 86 dollars.
4- Weekly show a very good signal
5- Good luck
USOIL | Bullish | Double Bottom USOIL has printed a double bottom with bullish divergence.It indicates that it is going to make new higher highs and start a bullish rally.
Crude Oil (WTI/USD) Short Setup🔻 Crude Oil (WTI/USD) Short Setup – Trend Exhaustion with Bearish Risk/Reward Play
Crude oil has shown weakness after failing to reclaim the $62.50–63.00 resistance zone. Price is now consolidating near the breakdown level, and early signs of bearish continuation are forming. SQZMOM histogram is flattening near zero, hinting at loss of bullish momentum. This setup offers a high-probability short with favorable downside extension.
📉 Entry: 61.97
🎯 Target: 57.83
🛑 Stop Loss: 63.87
📊 Risk/Reward Ratio: 2.18
📆 Expected Duration: ~5 days
📌 Technical Highlights:
Bearish Retest: Price is stalling at previous broken support turned resistance.
Trend Weakness: Lower highs forming after recent top at 63.87.
SQZMOM Indicator: Momentum stalling below zero, signaling a potential shift back to bearish pressure.
Support Gap: Clean range down to $58 with thin volume structure below $60.
💬 A break below 60.12 confirms momentum shift. A close above 62.50 invalidates the short.
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
WTI Crude Oil awaits inventoriesPrice Movement: WTI Crude trades around $62.70 per barrel, marking a fourth straight session of gains.
Main Bullish Driver: Geopolitical tensions — reports suggest Israel may strike Iran’s nuclear sites, sparking fears of supply disruption from Iran (OPEC’s 3rd largest producer).
Risk of Iran retaliating by blocking the Strait of Hormuz, which could disrupt exports from Saudi Arabia, Kuwait, Iraq, and UAE.
Limiting Factor: Rising U.S. crude supply
API data shows a 2.49 million barrel build in U.S. crude stocks, defying expectations of a draw.
Traders await confirmation from EIA stockpile data later today.
Conclusion:
Bullish momentum is currently driven by Middle East tension, but gains may be capped if U.S. inventory builds continue. Traders should watch for EIA data release and further geopolitical developments.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
