{"id":125701,"date":"2026-04-14T11:30:37","date_gmt":"2026-04-14T07:30:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=125701"},"modified":"2026-04-14T11:30:40","modified_gmt":"2026-04-14T07:30:40","slug":"oil-hovers-near-resistance-levels-14-4-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-hovers-near-resistance-levels-14-4-2026\/04\/14\/tech-analysis\/","title":{"rendered":"Oil Hovers Near Resistance Levels 14\/4\/2026"},"content":{"rendered":"\n<p><strong>US Crude Oil Futures Technical Analysis<\/strong><\/p>\n\n\n\n<p>US crude oil futures are exhibiting mixed movements, oscillating between upward and downward trends without establishing a clear directional bias.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Timeframe:<\/strong><\/p>\n\n\n\n<p>Prices have experienced a significant decline, falling below the $100 per barrel level. The failure to breach the simple moving averages has resulted in a bearish crossover, with these key moving averages now exerting downward pressure on price action.<\/p>\n\n\n\n<p><strong>Bearish Scenario:<\/strong> We maintain a bearish outlook as long as prices remain below $99.00. Our initial downside target is $95.00. A break below this level would strengthen the downward corrective trend, potentially accelerating losses toward $93.20.<\/p>\n\n\n\n<p><strong>Bullish Scenario:<\/strong> A sustained recovery above $101.50 could shift momentum upward, targeting $102.95 and subsequently $105.00.<\/p>\n\n\n\n<p><strong>Risk Considerations:<\/strong><\/p>\n\n\n\n<p>High-impact economic data from the US is expected today, specifically the Producer Price Index (PPI). Significant price volatility is anticipated around the data release.<\/p>\n\n\n\n<p>Crude oil trading carries elevated risk and may not be suitable for all investors. Ongoing trade and geopolitical tensions heighten market uncertainty, and multiple scenarios remain viable.<\/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><strong>93.20<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: 102.95<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a089.65<\/strong><\/td><td><strong>R2: 109.10<\/strong><\/td><\/tr><tr><td><strong>S3: 83.45<\/strong><\/td><td><strong>R3:\u00a0112.70<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>US Crude Oil Futures Technical Analysis US crude oil futures are exhibiting mixed movements, oscillating between upward and downward trends without establishing a clear directional bias. Technical Outlook \u2013 4-Hour Timeframe: Prices have experienced a significant decline, falling below the $100 per barrel level. The failure to breach the simple moving averages has resulted in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":125711,"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-125701","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\/125701","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=125701"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125701\/revisions"}],"predecessor-version":[{"id":125712,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125701\/revisions\/125712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/125711"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}