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Oil Prints a Bullish Technical Rebound 14/11/2025

WTI rebounded firmly in the prior session, printing a $60.62 high.

Technical outlook

  • SMAs: Price has temporarily shaken off pressure from the simple moving averages, reducing immediate downside drag.
  • RSI: Rebound follows an oversold reading, supporting a short-term recovery attempt.

Base case (bullish while above $58.75)

  • Holding $58.75 keeps the bias topside.
  • A clean break/4H close above $60.80 would likely extend gains toward $61.95.

Alternative / downside

  • A 4H close back below $58.75 would negate the bullish setup and put the broader downtrend back in charge, exposing $57.00 initially.

Risk note
Headline risk remains elevated. Use prudent sizing and firm stops; reassess quickly if these key levels give way.

Trading in CFDs involves high risk, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.

S1: 58.30R1: 60.80
S2: 57.00R2: 61.95
S3: 55.85R3: 63.25

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