US crude oil futures (WTI) rebounded from the pivotal support at 61.60, with stability above this level reinforcing the intraday bullish wave.<\/p>\n\n\n\n
Technical Outlook \u2013 4-hour timeframe:<\/strong><\/p>\n\n\n\n Holding above 61.60 provided the foundation for a solid rebound, with the Relative Strength Index (RSI) confirming renewed momentum after recovering from oversold conditions. This highlights the strength of the current upward move. However, the 50-period simple moving average (SMA) remains a strong resistance barrier. A confirmed break above 63.50 would be required to unlock further gains and pave the way toward the next resistance levels on the chart.<\/p>\n\n\n\n Conversely, a decisive move below 61.90 would restore bearish pressure and increase the likelihood of a retest of previous support zones.<\/p>\n\n\n\n Warning:<\/strong> Risks remain elevated amid ongoing trade and geopolitical tensions, and all scenarios should be considered.<\/p>\n\n\n\n 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.<\/p>\n\n\n\n US crude oil futures (WTI) rebounded from the pivotal support at 61.60, with stability above this level reinforcing the intraday bullish wave. Technical Outlook \u2013 4-hour timeframe: Holding above 61.60 provided the foundation for a solid rebound, with the Relative Strength Index (RSI) confirming renewed momentum after recovering from oversold conditions. This highlights the strength …<\/p>\n","protected":false},"author":9,"featured_media":118535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[6909],"class_list":["post-118527","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118527"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118527\/revisions"}],"predecessor-version":[{"id":118536,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118527\/revisions\/118536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/118535"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1:\u00a061.55<\/strong><\/td> R1: 63.55<\/strong><\/td><\/tr> S2:\u00a060.50<\/strong><\/td> R2: 64.50<\/strong><\/td><\/tr> S3: 59.55<\/strong><\/td> R3:\u00a065.50<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"