{"id":119413,"date":"2025-10-01T10:11:05","date_gmt":"2025-10-01T06:11:05","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119413"},"modified":"2025-10-01T10:11:07","modified_gmt":"2025-10-01T06:11:07","slug":"oil-strives-to-recover-losses-1-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-strives-to-recover-losses-1-10-2025\/10\/01\/tech-analysis\/","title":{"rendered":"Oil Strives to Recover Losses 1\/10\/2025"},"content":{"rendered":"\n<p>WTI crude oil successfully reached the downside target highlighted in the previous report at <strong>$62.20<\/strong>, recording a low of <strong>$62.00<\/strong> per barrel.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Moving Averages:<\/strong> Prices remain pressured from above, with dynamic resistance forming near <strong>$63.15<\/strong>, limiting recovery attempts.<\/li>\n\n\n\n<li><strong>RSI:<\/strong> Hovering near oversold territory, the indicator is beginning to send positive signals, suggesting the possibility of a short-term corrective rebound. However, this does not negate the broader daily downtrend given the steep nature of recent declines.<\/li>\n<\/ul>\n\n\n\n<p><strong>Probable Scenario:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bullish Case:<\/strong> Intraday stability above <strong>$62.00<\/strong> may support a rebound towards <strong>$63.10<\/strong>, with a confirmed break above this level acting as a catalyst for further recovery towards <strong>$63.70<\/strong>.<\/li>\n\n\n\n<li><strong>Bearish Case:<\/strong> A decisive break of the psychological support at <strong>$62.00<\/strong> would quickly reintroduce selling pressure, exposing <strong>$61.45<\/strong> and potentially <strong>$60.80<\/strong> as the next downside targets.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk Warning:<\/strong> Markets face heightened volatility today with the release of <strong>ADP Non-Farm Employment Change<\/strong> and <strong>ISM Manufacturing PMI<\/strong> data from the US. All scenarios remain possible amid ongoing trade and geopolitical tensions.<\/p>\n\n\n\n<p>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<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1:\u00a062.00<\/strong><\/td><td><strong>R1: 63.15<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a061.45<\/strong><\/td><td><strong>R2: 63.75<\/strong><\/td><\/tr><tr><td><strong>S3: 60.80<\/strong><\/td><td><strong>R3:\u00a064.30<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>WTI crude oil successfully reached the downside target highlighted in the previous report at $62.20, recording a low of $62.00 per barrel. Technical Outlook: Moving Averages: Prices remain pressured from above, with dynamic resistance forming near $63.15, limiting recovery attempts. RSI: Hovering near oversold territory, the indicator is beginning to send positive signals, suggesting the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":119424,"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-119413","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\/119413","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=119413"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119413\/revisions"}],"predecessor-version":[{"id":119425,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119413\/revisions\/119425"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119424"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}