- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- WTI Price Analysis: Divergence in action, braces more downside below $92.00
WTI Price Analysis: Divergence in action, braces more downside below $92.00
- A loss in momentum brought exhaustion in the upside move.
- Divergence in asset price and momentum oscillator has accelerated the odds of a bearish reversal.
- A bear cross, represented by the 20-and 50-period (EMAs) adds to the downside filters.
West Texas Intermediate (WTI), futures on NYMEX, has displayed a short-lived pullback after printing a three-day low of $92.16 in the Asian session. The asset is advancing higher right from the first tick on Friday, however, the downside pressure remains favored as the asset has displayed exhaustion signals after a juggernaut rally.
The sheer upside rally from the past week has met exhaustion and a correction mode is undergoing. On an hourly scale, the asset consecutively formed higher highs but with a decline in buying interest, however, the momentum oscillator, Relative Strength Index (RSI) (14) formed lower highs. This advocates a loss of upside momentum as investors are treating the asset as an expensive bet.
A bear cross, represented by the 20-and 50-period Exponential Moving Averages (EMAs) at $93.73, bolsters the case of a steep correction ahead.
Should the asset drops below the round-level support at $92.00, bears will get strengthen further and will drag the asset towards the August 22 high at $90.98, followed by August 17 high at $88.65.
Alternatively, bulls could regain control if the asset oversteps August 24 high at $95.10. An occurrence of the same will send the asset towards July 26 high at $98.4 and the psychological resistance at $100.00.
WTI hourly chart
-637970795555978833.png)
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
