- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- WTI Price Analysis: Crude Oil fades around $80 toward weekly low on China’s economic woes
WTI Price Analysis: Crude Oil fades around $80 toward weekly low on China’s economic woes
- WTI Crude Oil extends its losses due to China’s deteriorating economic situation.
- 21-day EMA appears to be the key support lined up with the $80.00 psychological level.
- MACD indicates a changing bias of WTI buyers: 14-day RSI still supports the bullish bias.
WTI Crude Oil trades lower near $80.30 lined up with the 23.6% Fibonacci retracement level, extending its losses on the third consecutive day during the Asian session on Wednesday. The black gold continues the bearish trend due to the risk-off mood and China’s deteriorating economic conditions.
The 21-day Exponential Moving Average (EMA) at $80.04 appears to be the key support level aligned to the $80.00 psychological level. A firm break below the latter could push the WTI price to explore the territory around the 38.2% Fibonacci retracement level at $77.81.
The Moving Average Convergence Divergence (MACD) line stays in the positive territory of the centerline but shows divergence below the signal line, which could indicate the changing bias of WTI traders. However, the 14-day Relative Strength Index (RSI) continues to remain above 50, still indicating a bullish sentiment of WTI buyers.
On the upside, the pair could find immediate resistance near the 7-day EMA at $81.41, following the area around the $82.00 psychological level.
WTI US Oil: Daily Chart
© 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
