Crude Oil Price Forecast & Predictions for 2023-2025 and Beyond
2023-01-09 2023-01-09 Crude Oil Price Forecast: 2023 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The oil price is an important indicator of the economy. Oil is the most used resource in the world; many wars have raged over black gold. The cost of crude oil is closely monitored by everyone – especially since the corona crisis; many investors […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (12 January 2023)
2023-01-12 2023-01-12 Short-term analysis for oil, gold, and EURUSD for 12.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil price broke […]
Crude Oil Futures ( CL1! ), H4 Potential for Bullish Rise
Type: Bullish RiseKey Levels:Resistance:81.06Pivot:73.40Support:74.33Preferred Case:Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 81.06, where the previous highs are. Alternative Scenario:Price may head back […]
Crude Oil Posts Biggest Rally Since November 4 with CPI Volatility Ahead
US Oil, Interest Rates and Recession Talking Points: The Market Perspective: WTI Oil Range Between 80 and 70; Oil Bearish Below 70 WTI crude oil has worked its way back into a technical situation between a prevailing bear trend from June and uneven technical support between 70 and 72 The upcoming CPI release will likely […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (11 January 2023)
2023-01-11 2023-01-11 Short-term analysis for oil, gold, and EURUSD for 11.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Euro is trading under […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (10 January 2023)
2023-01-10 2023-01-10 Short-term analysis for oil, gold, and EURUSD for 10.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The EURUSD reached […]
Crude Oil Price Steadies the Ship Despite the Fed Staying on Course. Where to for WTI?
Crude Oil, WTI, Energy, Europe, FOMC, Fed Minutes, Contango – Talking Points Crude oil prices found some support today after solid US jobs data on Friday The Fed still have its work cut out for them and that might weigh on WTI Some structural aspects of futures could be saying something. New lows for WTI? […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (5 January 2023)
2023-01-05 2023-01-05 Short-term analysis for oil, gold, and EURUSD for 05.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The gold short-term […]
The Crude Chronicles – Episode 168
Oil Traders Increase Net-LongsThe latest CFTC COT institutional positioning report shows that crude traders increased their net long positions by around 10k contracts last week. Total upside exposure now sits at 248k contracts, up from 238k contracts the prior week. Any recent longs will likely be struggling, however, on the back of the more than […]
WTI Crude Oil: Elliott wave analysis and forecast for 06.01.23 – 13.01.23
2023-01-06 2023-01-06 WTI Crude Oil: Elliott wave analysis and forecast for 06.01.23 – 13.01.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 84.05 with a target of 63.00 – 54.50 once a correction is completed. Alternative scenario: breakout and consolidation above the level of 84.05 will allow the asset to […]