{"id":120513,"date":"2025-11-03T11:00:59","date_gmt":"2025-11-03T07:00:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120513"},"modified":"2025-11-03T11:01:10","modified_gmt":"2025-11-03T07:01:10","slug":"oil-picks-up-extra-momentum-3-11-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-picks-up-extra-momentum-3-11-2025\/11\/03\/tech-analysis\/","title":{"rendered":"Oil Picks Up Extra Momentum 3\/11\/2025"},"content":{"rendered":"\n<p>US crude extended its climb toward the <strong>$61.75<\/strong> objective flagged in the prior report, printing an early-session high at <strong>$61.41<\/strong>.<\/p>\n\n\n\n<p><strong>Technical outlook<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>SMAs:<\/strong> Simple moving averages are trending beneath price, supporting momentum.<\/li>\n\n\n\n<li><strong>RSI:<\/strong> Stays constructive, consistent with ongoing upside pressure.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bullish bias while above $60.75 \/ $60.30)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Holding <strong>$60.75<\/strong>\u2014and more firmly <strong>$60.30<\/strong>\u2014keeps the path higher intact.<\/li>\n\n\n\n<li>A <strong>decisive break and hold above $61.75<\/strong> would likely extend gains toward <strong>$62.25<\/strong>, then <strong>$63.10<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Alternative \/ pullback<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>4H close below $60.30<\/strong> would weaken the setup and expose <strong>$59.50<\/strong> before buyers might try to reassert control.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Volatility remains elevated amid trade and geopolitical tensions. Use prudent sizing and hard stops; reassess quickly if these key levels give way.<\/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:\u00a060.30<\/strong><\/td><td><strong>R1: 61.70<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a059.50<\/strong><\/td><td><strong>R2: 62.25<\/strong><\/td><\/tr><tr><td><strong>S3: 58.90<\/strong><\/td><td><strong>R3:\u00a063.10<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>US crude extended its climb toward the $61.75 objective flagged in the prior report, printing an early-session high at $61.41. Technical outlook SMAs: Simple moving averages are trending beneath price, supporting momentum. RSI: Stays constructive, consistent with ongoing upside pressure. Base case (bullish bias while above $60.75 \/ $60.30) Holding $60.75\u2014and more firmly $60.30\u2014keeps the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120528,"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-120513","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\/120513","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=120513"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120513\/revisions"}],"predecessor-version":[{"id":120529,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120513\/revisions\/120529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120528"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}