Oil receives a positive signal 12/11/2025

A bullish bias has re-emerged, with futures printing a $61.25 high.

Technical outlook

• 50-SMA (4H): Price is holding above the moving average, keeping the uptrend intact despite a routine pullback on profit-taking.
• RSI: Attempting to turn higher, consistent with a resumption of upside momentum.

Base case (bullish while above $59.90)

• Holding $59.90 preserves the constructive setup.
• A clean break/4H close above $61.45 would likely extend gains toward $62.10.

Alternative / downside

• A 4H close below $59.90 would undermine the bullish view and shift risk toward $59.00 initially.

Risk note
Volatility remains elevated amid trade and geopolitical tensions. Use prudent sizing and firm stops; reassess quickly if the 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: 59.90	R1: 61.45
S2: 59.00	R2: 62.15
S3: 58.30	R3: 63.05