{"id":127136,"date":"2026-05-14T10:03:35","date_gmt":"2026-05-14T06:03:35","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127136"},"modified":"2026-05-14T10:03:48","modified_gmt":"2026-05-14T06:03:48","slug":"oil-maintains-bullish-trend-despite-selling-pressure-14-5-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-maintains-bullish-trend-despite-selling-pressure-14-5-2026\/05\/14\/tech-analysis\/","title":{"rendered":"Oil Maintains Bullish Trend Despite Selling Pressure 14\/5\/2026"},"content":{"rendered":"\n<p><strong>US Crude Oil (WTI) Technical Analysis<\/strong><\/p>\n\n\n\n<p>US crude oil futures encountered some selling pressure during the previous trading session, in what appears to be a temporary downside technical correction following the recent string of strong gains.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Timeframe:<\/strong><\/p>\n\n\n\n<p>On the short-term horizon, prices continue to trade above the simple moving averages, which are providing constructive support and reinforcing the prevailing uptrend.<\/p>\n\n\n\n<p>The Relative Strength Index (RSI) has likewise begun to broadcast positive signals after successfully exiting oversold territory \u2014 a development that bolsters the probability of a return to bullish momentum across the upcoming period.<\/p>\n\n\n\n<p><strong>Bullish (Most Likely) Scenario:<\/strong><\/p>\n\n\n\n<p>As long as trading remains anchored above the $100.20 support floor, the bullish bias will retain the upper hand, with the initial target set at $103.20.<\/p>\n\n\n\n<p><strong>Bearish Scenario:<\/strong><\/p>\n\n\n\n<p>Conversely, a return and stabilization beneath the $100.20 level would expose the contract to renewed negative pressure, with $98.85 emerging as the initial downside target.<\/p>\n\n\n\n<p><strong>Key Economic Events to Watch:<\/strong><\/p>\n\n\n\n<p>Today&#8217;s session features high-impact economic releases that have the potential to amplify volatility across the financial markets:<\/p>\n\n\n\n<p>\ud83c\uddec\ud83c\udde7 <strong>United Kingdom:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Monthly GDP<\/li>\n<\/ul>\n\n\n\n<p>\ud83c\uddfa\ud83c\uddf8 <strong>United States:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Retail Sales<\/li>\n<\/ul>\n\n\n\n<p>Please note that elevated volatility and sharp price swings are likely to materialize around the release of these data points.<\/p>\n\n\n\n<p><strong>Disclaimer:<\/strong> Trading oil carries substantial risk and may not be suitable for all investors.<\/p>\n\n\n\n<p><strong>Risk Alert:<\/strong> Risk levels remain elevated amid persistent trade frictions and geopolitical tensions \u2014 all scenarios should be considered plausible.<\/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><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>100.20<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: 130.20<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a098.85<\/strong><\/td><td><strong>R2: 104.90<\/strong><\/td><\/tr><tr><td><strong>S3: 97.15<\/strong><\/td><td><strong>R3:\u00a0106.20<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>US Crude Oil (WTI) Technical Analysis US crude oil futures encountered some selling pressure during the previous trading session, in what appears to be a temporary downside technical correction following the recent string of strong gains. Technical Outlook \u2013 4-Hour Timeframe: On the short-term horizon, prices continue to trade above the simple moving averages, which &hellip;<\/p>\n","protected":false},"author":9,"featured_media":127144,"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-127136","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\/127136","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=127136"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127136\/revisions"}],"predecessor-version":[{"id":127145,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127136\/revisions\/127145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/127144"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=127136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}