{"id":120790,"date":"2025-11-12T10:54:33","date_gmt":"2025-11-12T06:54:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120790"},"modified":"2025-11-12T10:54:37","modified_gmt":"2025-11-12T06:54:37","slug":"oil-receives-a-positive-signal-12-11-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-receives-a-positive-signal-12-11-2025\/11\/12\/tech-analysis\/","title":{"rendered":"Oil receives a positive signal 12\/11\/2025"},"content":{"rendered":"\n<p>A bullish bias has re-emerged, with futures printing a <strong>$61.25<\/strong> high.<\/p>\n\n\n\n<p><strong>Technical outlook<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>50-SMA (4H):<\/strong> Price is holding above the moving average, keeping the <strong>uptrend intact<\/strong> despite a routine pullback on profit-taking.<\/li>\n\n\n\n<li><strong>RSI:<\/strong> Attempting to turn higher, consistent with a resumption of upside momentum.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bullish while above $59.90)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Holding <strong>$59.90<\/strong> preserves the constructive setup.<\/li>\n\n\n\n<li>A <strong>clean break\/4H close above $61.45<\/strong> would likely extend gains toward <strong>$62.10<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Alternative \/ downside<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>4H close below $59.90<\/strong> would undermine the bullish view and shift risk toward <strong>$59.00<\/strong> initially.<\/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 firm stops; reassess quickly if the 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:\u00a059.90<\/strong><\/td><td><strong>R1: 61.45<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a059.00<\/strong><\/td><td><strong>R2: 62.15<\/strong><\/td><\/tr><tr><td><strong>S3: 58.30<\/strong><\/td><td><strong>R3:\u00a063.05<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A bullish bias has re-emerged, with futures printing a $61.25 high. Technical outlook 50-SMA (4H): Price is holding above the moving average, keeping the uptrend intact despite a routine pullback on profit-taking. RSI: Attempting to turn higher, consistent with a resumption of upside momentum. Base case (bullish while above $59.90) Holding $59.90 preserves the constructive &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120798,"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-120790","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\/120790","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=120790"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120790\/revisions"}],"predecessor-version":[{"id":120799,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120790\/revisions\/120799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120798"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}