Tag Archives: WTI

US Crude Oil (WTI) Technical Analysis US crude oil futures extended their downside trajectory during the previous session, sliding to an intraday low of approximately $88.72 amid mounting selling pressure across the contract. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, prices remain under substantial downward pressure as trading …

US Crude Oil (WTI) Technical Analysis WTI crude oil futures surged in line with our previous bullish projections, decisively breaching the $105.00 barrier and climbing to an intraday high of $107.40 — a development that underscores the powerful upside momentum behind the contract. Technical Outlook – 4-Hour Timeframe: On the …

US Crude Oil (WTI) Technical Analysis Mixed price action is dominating US crude oil futures, with the contract oscillating between bullish and bearish swings as both camps vie for control. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the price endured a notable pullback, though robust buying demand emerging …

US Crude Oil (WTI) Technical Analysis The bullish trend continues to govern the price action of US crude oil (WTI) futures, with the contract climbing to an intraday high of $97.77 during the early hours of today’s session. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, prices remain firmly …

The upward trend has returned to dominate the movements of US crude oil (WTI) futures contracts, despite the fluctuating prices in recent sessions, indicating continued positive momentum in the short term. Technical Outlook – 4-Hour Timeframe: In the short term, prices are holding above the simple moving averages, which have …

The downward trend continues to dominate US crude oil futures prices despite attempts to reduce losses. Technical Outlook – 4-Hour Timeframe: Trading is currently moving along a descending trendline. This is further supported by continued downward pressure from the simple moving averages, which are exerting downward pressure on the price. …

Mixed trading continues to dominate US crude oil futures prices, lacking a clear direction and influenced by ongoing geopolitical tensions. Technical Outlook – 4-Hour Timeframe: Immediate trading is clearly upward after reaching $79.00. The Relative Strength Index (RSI) reached oversold territory, prompting a quick price rebound. However, the price remains …

The downward trend continued to dominate the price movements of US crude oil futures, following the bearish trajectory outlined in the previous technical report. Technical Outlook – 4-Hour Timeframe: In the short-term market, the simple moving averages continue to act as dynamic resistance levels, exerting downward pressure on the price …

US Crude Oil Futures Technical Analysis US crude oil futures declined as anticipated, surpassing our initial target of $93.20 and reaching a session low of $87.04. Technical Outlook – 4-Hour Timeframe: Price action has rebounded sharply from the lows and is currently hovering near $91.60. This recovery reflects the correction …

US Crude Oil Futures Technical Analysis US crude oil futures are exhibiting mixed movements, oscillating between upward and downward trends without establishing a clear directional bias. Technical Outlook – 4-Hour Timeframe: Prices have experienced a significant decline, falling below the $100 per barrel level. The failure to breach the simple …