WTI råolja teknisk analys | Forexlive

WTI råolja teknisk analys | Forexlive

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Crude Oil eventually took
off as the market started to have more tailwinds than headwinds as the supply
and demand drivers aligned. In fact, on the supply side, the tensions in the
Red Sea are still present and over the weekend three US troops got killed in
Jordan by a drone attack linked to Iran-backed militants. Moreover, yesterday
Saudi Arabia announced that it’s pausing plans to raise its crude production
kapacitet.

På efterfrågesidan, den
recent economic data has been showing a reacceleration in activity which is
supported by the rate cuts expectations. On top of that, the PBoC last week
decided to cut its Reserve Requirement Ratio by 50 bps and there are
expectations for more easing measures to follow given the rout in the Chinese
aktiemarknad.

WTI Crude Oil Technical
Analys – Daglig tidsram

WTI råolja dagligen

On the daily chart, we can see that Crude Oil recently
broke above the swing high around the $76 level and extended the rally into the
$79 level before pulling back to retest the motstånd vände nu stöd. De
buyers leant on the $76 level to position for another rally into the highs
targeting a break above the $80 level. The sellers will likely step in around
the highs to position for a drop into the major trendlinje runt
the $73 level and increase the bearish bets if the price were to break below
$ 76 stödja.

WTI Crude Oil Technical
Analys – 4 timmars tidsram

WTI råolja 4 timmar

On the 4 hour chart, we can see that the price recently
pulled back and bounced from the support where we had also the trendline and
61.8% Fibonacci retracement nivå
för konfluens. De
buyers stepped in with a defined risk below the support to position for a rally
into new highs. The sellers, on the other hand, will want to see the price
breaking below the trendline and the support to pile in and target the major
trendline around the $73 level.

WTI Crude Oil Technical
Analys – 1 timmars tidsram

WTI råolja 1 timmar

På 1-timmarsdiagrammet kan vi se att
latest leg higher divergerade med
d MACD som
är generellt ett tecken på försvagning av momentum ofta följt av tillbakadragningar eller
reversals. In this case, we got the pullback into the support zone where the
price bounced from. The price then rallied and broke the most recent lower low
turning the short-term trend back to bullish. We should now find buyers around
the minor support zone at the $77.30 level where we have also the red 21 glidande medelvärde för
confluence. A break above the high at $78.15 should see even more bids coming
into the market. The sellers, on the other hand, can only wait for the price to
reach the $80 level or break below the support before getting back into the
marknaden.

uppkommande händelser

I dag we have the US Employment Cost Index and the
ADP data before the FOMC rate decision later in the day. Tomorrow, we will see
the latest US Jobless Claims figures and the ISM Manufacturing PMI. On Friday,
we conclude the week with the US NFP report. Strong data should continue to
support oil price while weak figures are likely to weigh on the market in the
kortsiktigt.

Se videon nedan

Tidsstämpel:

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