- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- WTI Price Analysis: 100-SMA, three-week-old previous resistance prod Oil sellers
WTI Price Analysis: 100-SMA, three-week-old previous resistance prod Oil sellers
- WTI crude oil consolidates the biggest daily gains in two weeks around $72.50.
- Nearly overbought RSI, failure to remain firmer past $73.30 lures Oil bears.
- 100-SMA, resistance-turned-support and bullish MACD signals challenge WTI bears.
- 200-SMA appears the key upside hurdle, Oil bears need validation from $64.30.
WTI crude oil renews intraday low near $72.50 as it pares the biggest daily jump in a fortnight as the highest levels in three weeks amid early Thursday morning in Europe.
In doing so, the black gold traces the RSI (14) line’s retreat as it drops back to the 100-SMA level surrounding $72.35 at the latest. However, bullish MACD signals and the quote’s stability beyond the previous resistance line stretched from April 28, now immediate support near $71.60, challenge the Oil bears.
Following that, a quick fall towards the two-week-old ascending support line, near $70.30, and then towards the $70.00 round figure can’t be ruled out.
In a case where the WTI crude oil remains bearish past $70.00, the odds of witnessing a slump toward the double bottoms marked around $64.40-30 can’t be ruled out.
On the flip side, WTI’s recovery moves need to cross the latest peak of around $73.30 to recall the Oil buyers.
Even so, the 50% Fibonacci retracement level of its April-May fall, near $73.85, can’t be ruled out.
Though, a convergence of the 200-SMA and 61.8% Fibonacci retracement level of around $76.20-30 appears a tough nut to crack for Oil buyers.
WTI: Four-hour chart
Trend: Further upside 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
