- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- WTI Price Analysis: Finds bids around 20-EMA above 85.00
WTI Price Analysis: Finds bids around 20-EMA above 85.00
- Oil prices are displaying a healthy correction after a juggernaut upside move.
- The black gold has attacked the prior balanced profile placed in an $85.77-90.14 range.
- A bullish range shift by the RSI (14) has strengthened bulls.
West Texas Intermediate (WTI), futures on NYMEX, has declined to near $85.20 in the Asian session after failing to sustain above $86.00. The black gold has attempted a bullish reversal after refreshing its six-month low at $80.94. The asset is picking significant bids as investors are considering the oil prices a ‘value bet’ after a meaningful decline from the all-time highs above 125.00.
On an hourly scale, oil bulls have stepped into the prior balanced profile (placed in an $85.77-90.14 range), which resulted in a bearish imbalance earlier. Investors should be aware of the fact that an entry into the prior balanced auction bolsters the odds of a bullish reversal.
The 20-and 50-period Exponential Moving Averages (EMAs) have delivered a bullish crossover at $83.66, which indicates more upside ahead.
Also, the Relative Strength Index (RSI) (14) has shifted into the bullish range of 60.00-80.00, which dictates that upside momentum has been triggered.
A decisive break above Friday’s high at $86.78 will send the major towards the round-level resistance at $90.00, followed by August 11 high at $94.32.
Alternatively, bears could demolish the upside bias if it drops below Thursday’s low at $82.14 will rag the asset towards the round-level support at $80.00. A breach of the latter will unleash bears for more downside towards July 6 high at $76.40.
WTI hourly chart
-637985424493568839.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
