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WTI Light Crude OilWTI Light Crude OilWTI Light Crude Oil

WTI Light Crude Oil

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Crude Oil – Range Getting Too Long to Ignore Oil has been stuck in a prolonged range, and a breakout in either direction is becoming increasingly likely. The overall trend remains bullish, as there’s been no confirmed trend reversal yet. 📌 Key Scenarios: A break to the upside would signal continuation of the bullish trend. A break below the range could confirm a potential trend reversal. 📈📉 To avoid missing the next move, this setup can be traded with Buy Stop above the range and Sell Stop below it, allowing you to catch the momentum regardless of the direction. ⚠️ Wait for confirmation on higher timeframes if you prefer less risk
BLACKBULL:WTI
by PouyanFa
USOIL Will Go Lower! Sell! Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 67.883. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 62.518 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
1
Crude oil extends fallsThe crude oil market has entered a fragile and uncertain phase, with prices retreating from recent highs. While WTI crude is still holding above the critical $65 mark on a closing basis, it was below this handle at the time of writing. So, the overall tone remains cautious, with a bearish tilt expected to persist in the near term. Technical Outlook: WTI Breaks Key Support The WTI crude chart shows a breakdown of a short-term bullish trend line, and lower lows. The price failed to reclaim the 200-day moving average and found strong resistance since. Currently, it is testing support around $65.00. A daily close below this level could trigger further bearish momentum, with the next support zones seen at $64, and then the next round handles below that. $60 per barrel could be reached if the macro backdrop doesn't improve. Geopolitical Factors: Trump’s Tariff Threats Dismissed Donald Trump’s threats of 100% tariffs on countries buying Russian oil sparked initial concern but were ultimately shrugged off by the market. Traders interpreted the 50-day delay in enforcement and Trump’s historical pattern of backing off such threats as signs that immediate supply disruptions were unlikely. OPEC+ Strategy: Supply Returning to the Market OPEC+ has announced a larger-than-expected production increase of 548,000 bpd for August, with another 550,000 bpd potentially coming in September. This roll-back of earlier voluntary cuts aims to recapture market share, especially as U.S. shale production slows. However, the added supply may cap price gains, particularly as demand is expected to ease after the peak U.S. driving season. By Fawad Razaqzada, Market Analyst with FOREX.com
FOREXCOM:USOIL
by FOREXcom
Hellena | Oil (4H): LONG to 50% lvl Fibo area of 70.00.Colleagues, after a long break, I think it is worth returning to oil forecasts. The situation is stabilizing a bit and now I think that the price is in a strong correction (ABC) at the moment I see wave “B”, which may reach the area of 50% Fibonacci 70 level. It is possible that wave “A” will continue to develop towards the 62-63 area, but I still hope for an upward movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDELong
by Hellena_Trade
15
USOIL H4 bullish upward ⚠️ Disrupted Analysis – WTI Crude Oil (4H Chart) 🔻 Bearish Pressure Re-Entering Despite a temporary candle breakout, the price failed to sustain above the breakout trendline. The recent price action inside the orange circle shows lower highs and rejection wicks, indicating bullish weakness. 📉 Potential Breakdown Risk If the price fails to hold above 66.00, there's a high probability of it breaking below the support area around 64.80–65.00, leading to: Increased bearish momentum Retesting lower demand zones, possibly around 63.50–64.00 ❌ Resistance Area Still Valid The Resistance area at 68.00–69.00 remains unchallenged. The "Target" shown is optimistic under current momentum. Without strong volume and bullish candles, that target remains unlikely in the near term. 🔁 Disruption Summary The bullish breakout is likely a false breakout. Market may be forming a bull trap. Watch for a clean break below 65.00 for confirmation of a bearish reversal.
TVC:USOILLong
by Gold_Free_Signals
1
Bullish bounce?USO/USD is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci reracement and could bounce from this level to our take profit. Entry: 64.89 Why we like it: There is an overlap support that lines up with the 61.8% Fibonacci retracement. Stop loss: 63.08 Why we like it: There is a pullback support. Take profit: 69.97 Why we like it: There is an overlap resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
WTI Crude corrective pullback testing support at 6500Trade Tensions & Inflation Impact on WTI Crude Tariff Announcement: The US has imposed reciprocal tariffs on 22 nations, including major trade partners such as the EU, Japan, Canada, Mexico, and South Korea, after a failed trade agreement during the 90-day negotiation window. EU Response: The EU is preparing retaliatory tariffs unless a deal is reached before the August 1 deadline, raising the risk of a trade war escalation. Trump's Warning: The US President has threatened additional tariffs if retaliatory measures are enacted, compounding uncertainty in global trade flows. Inflation Spike: US June CPI rose to 2.7% YoY, in line with expectations. The increase was driven by higher prices of imported goods, as tariffs begin affecting consumer costs. Fed Policy Impact: Rising inflation weakens the case for a Fed rate cut in September, dampening liquidity expectations and investor risk sentiment. Conclusion for WTI Crude Trading The combination of rising inflation, tariff-driven cost pressures, and a potential stall in Fed easing is bearish for WTI crude in the near term. Additionally, intensifying trade tensions threaten global demand outlooks, which may further weigh on oil prices. Traders should expect near-term downside pressure on WTI crude unless there is a clear de-escalation in trade rhetoric or a surprise dovish pivot from the Fed. Bias: Cautiously Bearish on WTI Crude near term. Key Support and Resistance Levels Resistance Level 1: 6830 Resistance Level 2: 6940 Resistance Level 3: 7045 Support Level 1: 6500 Support Level 2: 6435 Support Level 3: 6370 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:WTI
by TradeNation
WTI Crude Oil Analysis – July 15, 2025Following recent Middle East tensions, WTI crude oil briefly surged to around $77. However, the price quickly retraced back to its previous range and seems to have resumed its prior downward trajectory — characterized by a gradual bearish slope. 🔍 It’s important to remember that before the geopolitical events, analysts were eyeing the $52 level as a potential target. Now, with liquidity being absorbed around the $70 area, that bearish scenario remains valid. 📉 Unless oil decisively breaks above key resistance levels, the outlook continues to favor a slow, downward trend.
CFI:WTIShort
by SineHeidari
BRENT CRUDE OIL FORMED A BEARISH WEDGE. ANOTHER POSSIBLE DECLINEBRENT CRUDE OIL FORMED A BEARISH WEDGE. ANOTHER POSSIBLE DECLINE?📉 USOIL has been trading bullish within the last couple of days, supported by prospects of tighter supply and an improved demand outlook. US crude inventories dropped last week, which indicates firm demand despite the rising output. Still, technically, oil looks bearish. It has formed a bearish wedge and is currently testing the former trendline from below. The most probable scenario is that wee see the bearish impulse towards 6,500.00 with further decline. Another option is that the rise will continue towards 6,900.00 level.
FOREXCOM:USOILShort
by ProfessorSingapore
Crude oil rises slowly but falls quickly? 💡Message Strategy International oil prices continued to climb on Monday, but the gains were limited. Brent crude futures rose 8 cents to $70.44 a barrel, continuing Friday's 2.51% rise. U.S. WTI crude rose 5 cents to $68.50, having surged 2.82% the previous trading day. The main driving force behind this round of gains came from the market's expectation that the United States would further increase sanctions on Russia. U.S. President Trump said on Sunday that he would provide Ukraine with the Patriot air defense missile system and would make a "major statement" on the Russian issue on Monday. The contradiction between supply and demand is also intensifying. According to market surveys, Brent crude oil rose by 3% last week and WTI rose by 2.2%. The International Energy Agency (IEA) pointed out that although the market supply and demand appear to be balanced on the surface, the actual global oil supply may be tighter than expected due to the summer refining peak and rising electricity demand. 📊Technical aspects WTI crude oil continued its rebound from last week's low on the daily chart, and the current price is running at the downward support of $66.70, indicating that the short-term bullish power has increased. The MACD indicator shows a golden cross and initial volume, and the momentum column begins to turn positive, indicating that the price is expected to challenge the previous high area (69.50-70.20 US dollars). The short-term (1H) trend of crude oil is highly repetitive, and the oil price is supported at the lower edge of the wide range and rises again. The short-term objective trend direction is upward within the range. The bullish momentum is sufficient. 💰Strategy Package Long Position:65.50-66.50，SL：64.00，Target:69.00-70.00
TVC:USOILLong
by TheodoreSilas
Crude oil rebounds after a correction!International oil prices continued to climb on Monday, though the gains were limited. Brent crude futures rose 8 cents to $70.44 per barrel, extending Friday's 2.51% rally. U.S. WTI crude edged up 5 cents to $68.50 per barrel, after surging 2.82% in the previous trading session. The primary driver behind the current upward move stems from market expectations of further escalation in U.S. sanctions against Russia. U.S. President Trump stated on Sunday that he would provide Ukraine with the "Patriot" air defense missile system and deliver a "major announcement" on Russia-related issues on Monday. "Trump is dissatisfied with the Russian President's failure to advance the peace process, a stance exacerbated by Russia's continued bombing of Ukrainian cities in recent days. In the short term (1-hour timeframe), crude oil has shown high volatility, with prices finding support at the lower edge of the wide trading range and moving higher again. The objective short-term trend direction is upward within the range, with sufficient bullish momentum. However, given the high probability of recent erratic price swings, there is a greater likelihood that intraday crude oil prices will encounter resistance at the upper edge of the range and pull back. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
FX:USOILLong
by MyronWilson
break above 6866.1 may push prices toward the second resistance break above 6866.1 may push prices toward the second resistance at 6911.3 (TP2). Confirmation of bullish continuation would occur if price closes above 6981.0 on a 4H or daily chart. Volume and momentum indicators should be monitored near 6866–6911 to assess breakout strength. This trade setup offers a favorable risk-reward ratio with a tight SL at 6522 and layered targets. Ideal buy entries can be placed between 6630–6660, as this range shows price stability and potential reversal signs. Traders should stay alert for fundamental news (inventory reports, geopolitical events) that could accelerate momentum past resistance levels is currently trading at 6648.3, positioning itself within an attractive short-term buy zone. This level sits just above strong support at 6522, which acts as the logical stop-loss (SL) zone. The price action suggests bullish potential as it forms a base near the support level. Immediate resistance lies at 6866.1, which could be the first profit target (TP1).
FOREXCOM:USOILLong
by Ali_Explorer
Heading into 50% Fibonacci resitance?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 71.43 1st Support: 65.55 1st Resistance: 76.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDShort
by ICmarkets
1
USOIL Technical Analysis! BUY! My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 66.40 Bias - Bullish Safe Stop Loss - 65.78 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 67.32 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
1
WTI Oil H4 | Falling toward a multi-swing-low supportWTI oil (USOIL) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 64.84 which is a multi-swing-low support that aligns closely with the 61.8% Fibonacci retracement. Stop loss is at 61.80 which is a level that lies underneath a multi-swing-low support. Take profit is at 69.36 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:USOILLong
by Tradu
Bullish bounce?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 65.50 1st Support: 63.50 1st Resistance: 69.60 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDLong
by ICmarkets