{"id":120074,"date":"2025-10-20T10:21:29","date_gmt":"2025-10-20T06:21:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120074"},"modified":"2025-10-20T10:21:35","modified_gmt":"2025-10-20T06:21:35","slug":"oil-faces-selling-pressure-20-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-faces-selling-pressure-20-10-2025\/10\/20\/tech-analysis\/","title":{"rendered":"Oil Faces Selling Pressure 20\/10\/2025"},"content":{"rendered":"\n<p>WTI crude futures extend their <strong>downtrend<\/strong>, with strong selling pressure driving prices to <strong>multi-month lows<\/strong> despite brief intraday rebounds.<\/p>\n\n\n\n<p><strong>Technical (4H):<\/strong><br>Price action remains <strong>below a descending trend line<\/strong>, keeping bears in control. <strong>Down-sloping simple moving averages<\/strong> continue to act as <strong>dynamic resistance<\/strong>, capping recovery attempts and reinforcing the broader bearish structure.<\/p>\n\n\n\n<p><strong>Base case (downside continuation):<\/strong><br>While <strong>below $58.00<\/strong>, the path of least resistance stays lower. A <strong>clean break beneath $56.60<\/strong> would likely <strong>extend losses toward $56.00<\/strong>.<\/p>\n\n\n\n<p><strong>Alternative (tactical rebound):<\/strong><br>If buyers can force a <strong>sustained intraday recovery<\/strong>, upside is likely to be <strong>corrective<\/strong> while MAs trend lower. Only reclaiming and holding above successive resistance layers would ease immediate pressure.<\/p>\n\n\n\n<p><strong>Risk:<\/strong><br>Geopolitical\/trade headlines can spark sharp two-way moves. Use disciplined sizing and clear invalidation levels; conditions may not suit all risk profiles.<\/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:\u00a056.60<\/strong><\/td><td><strong>R1: 57.80<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a056.10<\/strong><\/td><td><strong>R2: 58.40<\/strong><\/td><\/tr><tr><td><strong>S3: 55.50<\/strong><\/td><td><strong>R3:\u00a059.00<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>WTI crude futures extend their downtrend, with strong selling pressure driving prices to multi-month lows despite brief intraday rebounds. Technical (4H):Price action remains below a descending trend line, keeping bears in control. Down-sloping simple moving averages continue to act as dynamic resistance, capping recovery attempts and reinforcing the broader bearish structure. Base case (downside continuation):While &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120082,"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-120074","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\/120074","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=120074"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120074\/revisions"}],"predecessor-version":[{"id":120083,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120074\/revisions\/120083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120082"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}