The technical outlook remains steady, with WTI crude oil futures showing limited movement while continuing to trade within an overall upward trend.<\/p>\n\n\n\n
Technical Outlook \u2013 4-Hour Chart<\/strong><\/p>\n\n\n\n Simple moving averages remain supportive, underpinning the daily uptrend, while price action continues to respect a short-term ascending trendline. Momentum indicators also favor the bullish case, as the Relative Strength Index (RSI) has successfully worked off oversold conditions, creating room for potential further gains.<\/p>\n\n\n\n Expected Scenario<\/strong><\/p>\n\n\n\n As long as prices hold above the $63.70 support level, the bullish scenario remains the most likely outcome. Under this setup, the first upside target stands at $64.80. A sustained break above this level would reinforce upward momentum and open the way toward $65.25.<\/p>\n\n\n\n On the downside, a return to trading below $63.70 would weaken the bullish structure and could place prices under renewed pressure, with scope for a corrective pullback toward $62.70.<\/p>\n\n\n\n Market Warning:<\/strong> Risk Warning:<\/strong> 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 The technical outlook remains steady, with WTI crude oil futures showing limited movement while continuing to trade within an overall upward trend. Technical Outlook \u2013 4-Hour Chart Simple moving averages remain supportive, underpinning the daily uptrend, while price action continues to respect a short-term ascending trendline. Momentum indicators also favor the bullish case, as the …<\/p>\n","protected":false},"author":9,"featured_media":123687,"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-123679","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\/123679","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=123679"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/123679\/revisions"}],"predecessor-version":[{"id":123688,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/123679\/revisions\/123688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/123687"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=123679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=123679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=123679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
High-impact U.S. economic data is due today, including the Non-Farm Payrolls report, the unemployment rate, and average hourly earnings. Elevated volatility is expected around the release.<\/p>\n\n\n\n
Market conditions remain high-risk amid ongoing trade and geopolitical tensions, and all scenarios remain possible.<\/p>\n\n\n\nS1:\u00a063.80<\/strong><\/strong><\/td> R1: 64.80<\/strong><\/td><\/tr> S2:\u00a063.25<\/strong><\/td> R2: 65.25<\/strong><\/td><\/tr> S3: 62.70<\/strong><\/td> R3:\u00a065.80<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"