- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- WTI Price Analysis: Bounces off $84.50 key support
WTI Price Analysis: Bounces off $84.50 key support
- WTI pares the biggest daily loss in seven weeks, prints mild gains of late.
- Convergence of 50% Fibonacci retracement level, monthly support line restricts immediate downside.
- Bearish MACD signals and sustained trading below 200-SMA favor sellers.
- Buyers need validation from $88.10 to retake control.
WTI crude oil remains pressured around $84.70 while consolidating the previous day’s losses, the biggest in nearly two months, heading into Tuesday’s European session.
In doing so, the black gold pokes the $84.50 support confluence comprising the one-month-old ascending trend line and the 50% Fibonacci retracement level of the commodity’s September-November moves.
That said, the quote’s sustained trading below the 200-SMA and bearish MACD signals keep WTI bears hopeful of breaking the $84.50 support.
Following that, a slump toward the 61.8% Fibonacci retracement level of $82.50 appears imminent. However, October 18 swing low near $81.30 and the $80.00 psychological magnet could challenge the oil sellers afterward.
Meanwhile, recovery moves need to cross the 200-SMA hurdle of $86.65 to convince short-term buyers.
Even so, a downward-sloping resistance line from November 07, close to $88.10, holds the key to oil buyer’s entry.
If the commodity buyers stay dominant past $88.10, the $90.00 round figure and the monthly high near $93.00 should flash on their radars.
Overall, the energy benchmark’s latest inaction fails to push back the sellers targeting the late October’s low.
WTI: Four-hour chart
Trend: Further downside expected
© 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
