{"id":125404,"date":"2026-04-07T11:05:39","date_gmt":"2026-04-07T07:05:39","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=125404"},"modified":"2026-04-07T11:05:42","modified_gmt":"2026-04-07T07:05:42","slug":"oil-continues-to-make-gains-7-4-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-continues-to-make-gains-7-4-2026\/04\/07\/tech-analysis\/","title":{"rendered":"Oil continues to make gains 7\/4\/2026"},"content":{"rendered":"\n<p><strong>WTI Crude Oil Futures Technical Analysis \u2014 4-Hour Chart<\/strong><\/p>\n\n\n\n<p>U.S. crude oil futures continue to push higher, supported by positive momentum and a constructive technical backdrop.<\/p>\n\n\n\n<p><strong>Technical Outlook<\/strong><\/p>\n\n\n\n<p>Simple moving averages are aligned in favour of the ongoing uptrend, continuing to provide a positive impulse driven by clearly bullish signals on the RSI. It is worth noting that short-term overbought conditions may slow the pace of the advance, but do not negate the broader bullish direction.<\/p>\n\n\n\n<p><strong>Key Levels to Watch<\/strong><\/p>\n\n\n\n<p>As long as price holds above <strong>114.50<\/strong> on an immediate basis \u2014 and more broadly above <strong>112.70<\/strong> \u2014 the uptrend remains the most probable path, with <strong>119.20<\/strong> as the primary upside target. Conversely, a sustained return below <strong>112.70<\/strong> could force a swift bearish reversal, exposing the market to a sharp move toward <strong>110.60<\/strong>.<\/p>\n\n\n\n<p>\u26a0\ufe0f <strong>Risk Warning:<\/strong> Trading crude oil carries a high level of risk and may not be suitable for all investors. Ongoing trade tensions and geopolitical uncertainty mean all scenarios remain on the table \u2014 sound risk management is essential.<\/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:\u00a0<strong><strong><strong>110.60<\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: 118.20<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a0106.00<\/strong><\/td><td><strong>R2: 121.10<\/strong><\/td><\/tr><tr><td><strong>S3: 103.10<\/strong><\/td><td><strong>R3:\u00a0125.70<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>WTI Crude Oil Futures Technical Analysis \u2014 4-Hour Chart U.S. crude oil futures continue to push higher, supported by positive momentum and a constructive technical backdrop. Technical Outlook Simple moving averages are aligned in favour of the ongoing uptrend, continuing to provide a positive impulse driven by clearly bullish signals on the RSI. It is &hellip;<\/p>\n","protected":false},"author":9,"featured_media":125412,"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-125404","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\/125404","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=125404"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125404\/revisions"}],"predecessor-version":[{"id":125413,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125404\/revisions\/125413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/125412"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}