Timeframe: 1 hour Strategy: Bearish Macquarie analysts forecast a 5.6 million barrel rise in US crude inventories. Refinery runs and domestic supply are expected to increase. Gasoline and distillate draws are predicted, while jet stocks remain stable. Implied demand is estimated at around 13.9 million barrels per day.
Crudeoil near 6318 is at hourly bottom as indicated by stochastics indicators.
on chart base looks blw 6440 crude dwn ward 6350+++++ sell on rise with tight sl 6529 or let see in inventory time
Timeframe: 1 Hour 📉 Crude oil poised for reversal post-resistance at 6542, with potential retest and move towards the next resistance at 6583. 🔹WTI crude prices stable around $78/barrel for the week. 🔹Initial 2% dip attributed to interest rate and demand worries. 🔹Strong US inflation data suggested higher borrowing costs. 🔹Market recovered as geopolitical...
🔹 Timeframe: 1 hour 🔹Bull above 6500 🔹CrudeOil may test resistance at 6568 per barrel, a break above could lead to a gain into 6500 range. US refineries resuming operations after outages, boosting demand. Weaker dollar makes oil cheaper for buyers, increasing demand. Geopolitical tensions add support to prices. But, US crude inventory build raises...
📊 Analysis 🔍 Timeframe: 1 hour 📈 Strategy: Bullish, then Bearish Observing a robust rejection point at 6600. Anticipating either a range-bound market or rejection from a bearish OB. Considering recent news: Oil prices remain in a tight range amid Red Sea ship attacks and demand worries. Brent crude and WTI show slight gains at $83.57 and $78.48, supported by...
EA's Optimistic View: IEA forecasts global oil supply to outpace demand, with non-OPEC countries leading the rise. OPEC's Limited Options: OPEC faces challenges as demand for its oil is predicted to decline, limiting room to lift output without oversupply risks. Dubious Non-OPEC+ Increase: Doubts arise over IEA's projection of a 1.6 million barrels per day...
Crudeoil Update || 15 Feb Timeframe: 1 Hour Strategy: Short 🔸Bearish below 6310 - target 6270, 6230 💥Crude oil prices decline due to an unexpected 12 million barrel 💥Increase in US crude stockpiles, according to ANZ Bank. 💥Gasoline inventories drop by 3.7 million barrels, mitigating losses. 💥OPEC's monthly report fallout continues as Iraq and Kazakhstan commit...
Timeframe: 1 Hour Strategy: Long 🔶BULL above 6400 --- target 6486, 6520 🔶WTI crude futures stayed around $77 per barrel, near a two-week high, due to ongoing tensions in the Middle East. 🔶Israel's airstrikes in Gaza and Hamas ceasefire rejection impacted oil prices, but talks in Beirut hinted at easing tensions. 🔶Concerns about inflation and potential delays in...
Timeframe: 4 Hourr⏰ Strategy: Neutral WTI crude rose above $76 per barrel, up nearly 6% for the week, driven by ongoing Middle East tensions. Geopolitical events, including an Israeli-Hamas conflict and a US strike in Iraq, influenced prices. Additionally, US gasoline inventories dropped more than expected. If it fails to sustain above 6300, then crude will...
As my previous analysis my first target is almost reach. My Nest target are: 2nd: 6526 3rd: 6799-6800 But I'm expecting a profit booking will happen and price may consolidate or down by 6240.
Crude oil break the down trend. and now consolidate. Here I have mention the target details: 1st: 6332 2nd: 6526 3rd: 6799-6800
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
📊 Trading Marcos' Weekly Analysis - Crude Oil MCX Feb Future 📈 CRUDE OIL 17 FEB FUT LEVELS 🛢️ Weekly Range - 550 Analysis: The weekly analysis for Crude Oil MCX Future suggests a favorable trading setup: Buy Levels: Buy at 6318.9 🎯 Target 1 - 6369.9 🎯 Target 2 - 6580 Average Position: 6254 📈 Buyer Stoploss: 6135.57 🛑 Sell Levels: Sell at 6189.1 🎯 Target 1 -...
Lots of News and Up n Down. Will More fall be there in Crude or it will Consolidate here for sometime. We will wait for inventory Data and Any news RED SEA NEWS and WAR NEWS will have major impact on this.... Till Enjoy weekend and do your study chart and levels is here.. :)
📊 Crude Oil - 17 Feb Fut Analysis 📈 Crude Oil 17 Feb Fut Levels : 📅 Day Range - 221 Point Buy at 6115.58 🚀 🎯 Target 1 - 6166.58 🎯 Target 2 - 6251 ➕ Add one lot at 6089.5 🛑 Buyer SL - 6053.42 Sell at 6063.42 📉 🎯 Target 1 - 5893.42 🎯 Target 2 - 5809 🛑 Seller SL - 6125.58 Analysis: Crude Oil's 17 Feb Fut levels propose a buying opportunity at 6115.58, aiming for...
#CRUDEOIL || 2nd FEB || Intraday setup 🔸Timeframe: 1 hour 🔸Strategy: Short Target - sustain below 6157 INVALIDATION above 6200 ________________ The OPEC+ monitoring committee's decision to maintain oil-output cut plans and the expectation of a gradual reversal of cuts have provided support to oil prices. The high conformity among members adds to the market...
🛢️ CRUDE OIL 17 FEB FUT LEVELS 📊 - Trade Alert! 🚀 📅 Day Range - 172 Points 📈 Buy at 6396.3 🎯 Target 1 - 6419.3 🎯 Target 2 - 6485 💡 Add one lot at 6376 🛑 Buyer SL - 6345.7 📉 Sell at 6355.7 🎯 Target 1 - 6206.7 🎯 Target 2 - 6141 💡 Add one lot at 6406.3 🛑 Seller SL - 6406.3 Trade wisely and good luck! 📈💹 #CrudeOil #TradingAlert #MarketWatch #FinancialFreedom...