TIMEFRAME : 1 HOUR Indicator Used: The analysis involves the use of the 100-day Exponential Moving Average (EMA), a common technical indicator in financial markets. Sustainability Requirement: The focus is on whether the price of crude oil can maintain its position above the 100-day EMA. Bearish Signal: If the price fails to sustain above the 100EMA, it is...
🔶Timeframe: 1 hour 🔶 INTRADAY TARGET - Target: 6360, 6380 🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist. 🔶Crudeoil inventory data at 9 pm today.
Timeframe: 1 HOUR Bullish signals in the crude market! 📈 If #CrudeOil maintains levels above 6425, it could be a strong indicator for upward momentum. Keep an eye on the charts for potential bullish trends. Geopolitical tensions in the Middle East boosted oil prices, with Brent crude up 0.21% at $82.57, and WTI rising 0.22% to $76.95
High inventories and weak demand have constrained gains in European and North Asian LNG prices. Stay informed! Bullish only above 2.164 ⚡️ expected target 2.32⚡️
Possible target for today's session mentioned in the chart. Timeframe: 1 HOUR Reason: API weekly Crudeoil data - decrease, which means Crudeoil might go up Let me know your thoughts
Natural gas is currently at a crucial support level of 196.2. Target would be 7-9 points downside!! If this support level is breached or broken, it implies that there may be a further decline in the price of natural gas. In technical analysis, breaking a support level is often seen as a bearish signal, indicating potential downward momentum in the...
Time Frame: 1 hour Consider buying Gold if it surpasses 72178, anticipating upward movement. Alternatively, sell if it rises but remains below 72050, signaling potential resistance. Monitoring these levels ensures strategic decision-making inSilver trading. 📈📉 If you agree with my idea let me know by liking this post. Thanks!
TimeFrame: 1 Hour Bullish 🔼 above 6122, Bearish 🔽 below 6037. Monitoring key levels for potential market moves. #Trading #Commodities" Let me know if this helps? by liking the idea.
Timeframe: 30 Min Analysis: The statement implies a specific condition for taking a bullish stance (expecting prices to rise) on Natural Gas. Condition: The condition is that the price of Natural Gas needs to rise above the level of 250.4. This level is crucial because, according to the analysis, a breakthrough above this point is seen as a signal for potential...
If the price remains above the critical level of 103.606, it indicates strength and bullish sentiment in the market. Wait for Confirmation: Observe the price movement and wait for the formation of a single green candle. This candle could signify a positive shift in momentum. Action Plan: Consider planning another trade, preferably a long (buy) position, as the...
Timeframe: 4 HOUR Long-Term Buying Suggested Above 73600. RSI stands for Relative Strength Index, a momentum oscillator used in technical analysis. "Moving flat" implies that the RSI indicator is not showing a strong upward or downward trend but rather moving horizontally. This could indicate a period of consolidation or indecision in the market. Sell Below ...
TimeFrame: 2 HOUR Strategy: SHORT Potential selling opportunities in the gold market. The plan involves initiating a short position if the price reaches 62330, with a target set at 61876, representing a potential decline of 353 points. In the event of a sustained bearish trend, a further downside target is considered at 61770. This analysis is based on technical...
TIMEFRAME 4 HOUR If crude oil can sustain above the current triangle pattern, there's potential for an upward movement of +270 points. BIG DAY FOR CRUDE! WATCH OUT FOR POTENTIAL BREAK OUT!
#SilverAnalysis 📊🔍 A triangle formation is underway in Silver. Waiting for a potential breakout! Buy above 72400 Sell Below 71674
#GOLD waiting for CPI data to gauge momentum. Keeping an eye on key economic indicators for potential market shifts.
#Silver Timeframe: 4 Hour Direction: Long Critical Level: Silver must decisively break above 73150. Confirmation Needed: This level represents the most immediate previous high, and a successful breakthrough with follow-through would indicate potential bullish momentum #SilverInvesting #preciousmetals #SilverPrices #BullionMarket #SilverBullion #analysis
Reversal Anticipation: If silver's current price holds at 71300, there's an expectation of a trend reversal. This could signal a shift towards a more positive or bullish market sentiment. Bearish Trend Warning: Conversely, if the price drops below this level, it suggests potential further downside and a bearish trend in the silver market, prompting caution among...
📊 Time Frame : Daily 📉Strategy : LONG 📆 08.01.2024 The crude oil market has exhibited signs of recovery following a recent dip. Several factors suggest that the prevailing conditions could contribute to a potential spike in crude oil prices in the near future, particularly driven by buyer dynamics and broader market conditions. ________________