Currently, USOIL is trading around $67 per barrel.
On the supply side, while OPEC+ plans to increase production, ongoing geopolitical tensions in the Middle East are adding supply uncertainties.
On the demand side, U.S. fuel demand remains resilient, but the subdued global economic outlook may limit crude oil demand growth.
Technically, the daily chart shows moving averages in a bearish alignment, though the short - term RSI suggests relative market strength.
If the price rebounds and faces resistance near $67.9, consider a light short with a target of $66.
If the price stabilizes around $66, a long could be considered, with a target of $67.
USOIL Trading Strategy
sell@67.5-68
tp:66
buy66
tp:67
I will share trading signals daily. All signals have been consistently accurate for an entire month. If you need them, you can check my profile for more information.
On the supply side, while OPEC+ plans to increase production, ongoing geopolitical tensions in the Middle East are adding supply uncertainties.
On the demand side, U.S. fuel demand remains resilient, but the subdued global economic outlook may limit crude oil demand growth.
Technically, the daily chart shows moving averages in a bearish alignment, though the short - term RSI suggests relative market strength.
If the price rebounds and faces resistance near $67.9, consider a light short with a target of $66.
If the price stabilizes around $66, a long could be considered, with a target of $67.
USOIL Trading Strategy
sell@67.5-68
tp:66
buy66
tp:67
I will share trading signals daily. All signals have been consistently accurate for an entire month. If you need them, you can check my profile for more information.
交易進行
Currently, the price is trending towards the target level.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。