- published: 20 Apr 2018
- views: 22
Create your page here
-
WTI Crude Oil and Natural Gas Forecast April 23, 2018
The WTI Crude Oil market has gone back and forth during the session on Friday, settling on a neutral candle. The market looks likely to continue to go back and forth, although I think that the overall attitude of the market is still bullish. I think that there is a lot of support underneath, starting at the $66 level, and then possibly even lower than that at the uptrend line. I think that the $70 level will be a target, but it’s going to take a lot of work to get up there. I think that short-term pullback should continue to offer value the people are willing to take advantage of, especially considering that there is a lot of tension in the Middle East right now. I think that we will continue to see buyers jump in every time we drift lower. for more analysis: http://www.dailyforex.com
published: 20 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 20, 2018
The WTI Crude Oil market initially rallied on Thursday but found enough resistance just below the $69.50 level to turn around and form a shooting star for the day. I think that the market will continue to find buyers on pullbacks, and that pullback is probably coming now. A breakdown below the bottom of the range for the session should send this market looking for the $66 level underneath. I think there’s more than enough support underneath though, so not looking to sell this market, rather I am looking to pick up value at levels below that appear likely to be tested. The uptrend line still holds intact, so I don’t have any interest in shorting quite yet. If we did breakdown below the uptrend line though, this market could unwind to the $60 handle. I think that the tensions in the Middle E...
published: 19 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 17, 2018
The WTI Crude Oil market pulled back slightly during the trading session on Monday, losing 1.6% by the time the markets closed for the day. The uptrend line underneath should continue to be supportive, and I think that it’s not until we break down below that level that we can start selling. I think that we have simply ran out of momentum, as we reach the top of the Bollinger Band. I’m looking for supportive candles underneath, and on signs of support or a supportive daily candle, I am more than willing to start buying again. The $64 level should also be supportive, just as the $66 level will be as it was previous resistance. I think ultimately, this market will go looking towards the $70 level above, so look for value to take advantage of. A falling US dollar will exacerbate this move if w...
published: 16 Apr 2018 -
The Basics to Day Trading Crude Oil Futures - WTI vs. Brent. Learn to Trade Oil Futures
Let me show the Correct Way to Trade Bond Futures Learn to trade oil futures - oil trading for beginners, how to trade oil futures The Basics to Trading Crude Oil Futures - WTI vs. Brent - oil futures, learn to trade oil futures, trading oil futures, trading brent wti futures, futures oil trading, wti oil futures, trading futures in oil how to trade futures futures contract day trading
published: 18 Apr 2017 -
What is WTI Crude OIl?
Learn about West Texas Intermediate (WTI) Crude Oil futures at CME Group, including their importance in crude markets and the changing benchmark landscape. Subscribe: https://www.youtube.com/subscription_center?add_user=cmegroup Learn more: https://institute.cmegroup.com/ CME Group: http://www.cmegroup.com/ Follow us: Twitter: http://twitter.com/CMEGroup Facebook: http://www.facebook.com/CMEGroup Topic: west texas, light sweet crude, wti, loop, ULCC, VLCC, ultra large crude carriers, very large crude carrier
published: 16 Jun 2017 -
WTI vs Brent - What is the Difference?
This video is about crude oil. The quality metrics of crude oil, such as light vs heavy crude oil, sweet vs sour crude oil and API gravity. The rest of the video covers the differences between Brent and WTI crude oil - two trading classifications of sweet light crude oil that serve as the two major benchmark prices for purchases of oil worldwide - and their role in the futures market. Download our new Commodities price forecast report FREE: http://www.focus-economics.com/commodities2016 Other related Links: http://www.focus-economics.com Original WTI vs Brent blog post: http://www.focus-economics.com/blog/difference-between-wti-and-brent Energy commodities news: http://www.focus-economics.com/commodities/energy Brent crude oil price outlook: http://www.focus-economics.com/commodities/ene...
published: 29 Apr 2016 -
What is WTI Crude oil?
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “WTI Crude oil”. WTI refers to oil extracted from wells in the U.S. and sent via pipeline to Cushing, Oklahoma. The fact that supplies are land-locked is one of the drawbacks to West Texas crude – it’s relatively expensive to ship to certain parts of the globe. The product itself is very light and very sweet, making it ideal for gasoline refining, in particular. WTI continues to be the main benchmark for oil consumed in the United States. WTI is considered “sweet" crude because it is about 0.24% sulfur, a lower concentration than North Sea Brent crude. WTI is high quality oil that is easily refined. Light, sweet crude oil commonly referred to as "oil" in the Western world. WTI...
published: 26 Jun 2015 -
WTI Crude Oil and Natural Gas Forecast April 19, 2018
The WTI Crude Oil market rallied during the day on Wednesday, breaking out to the upside, clearing the $68 level. By making this fresh, new high, it looks like the market is going to continue to see buyers jumping in this market, and I believe that short-term pullbacks will be thought of as value. The market is more than likely going to go looking towards the $70 level above, which is a large, round, psychologically significant number that will bring in a certain amount of attention to itself. I believe that if we can stay above the uptrend line, which is something that looks very likely to happen, buying the dips is the only way to play this market, adding as we go along and trying to build up a sizable position to take advantage of the upward proclivity. If we can break above the $70 lev...
published: 18 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 18, 2018
The WTI Crude Oil market has been very noisy during the trading session on Tuesday, going back and forth, but it appears that the $66 level is going to offer support enough to turn things around and cause a bit of a bounce. I believe that the market is starting to show signs of life again, as the daily candle looks a bit like a hammer. A break above the top of the range for the day should send the market towards the $60 level. Alternately, if we break down below the bottom of the hammer, that’s a very negative sign and I think we would reset and try to go down towards the uptrend line underneath. I believe that eventually, the market will rally again as there are tensions in the Middle East that will continue to keep this market afloat. for more analysis: http://www.dailyforex.com
published: 17 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 16, 2018
The WTI Crude Oil market continues to try to go higher during the trading session on Friday, but as you can see struggled a bit. The $68 level should continue to be an area of resistance, but I think if we can break above that level, I think that the market should then go to the $70 level. I believe that short-term pullbacks will be a buying opportunity, as the uptrend line has kept this market intact to the upside. I think that if we were to break down below the uptrend line, then of course things change. I believe that the market should have plenty of support at the $66 level, and if the US dollar can continue to struggle, that could also send this market higher. With tensions in the Middle East, it’s likely that oil will continue to have a bit of a bit underneath it. for more analysis:...
published: 13 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 12, 2018
The WTI Crude Oil market rallied significantly during the trading session on Wednesday, reaching towards the $67 level. We pulled back slightly from there, and I think that it’s only a matter of time before the buyers come back at as we have seen so much in the way of noise underneath. The explosive move should have plenty of buy orders below just waiting to push higher, and therefore I think it will offer value if we do get that pullback. The uptrend line underneath should continue to support the market as well, and if the trade tensions between the United States and China can continue to pull back, I think that we will find that oil goes higher based upon perceived demand, and of course risk appetite. If we did breakdown below the uptrend line, this market could unwind to the $60 level r...
published: 11 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast November 27, 2017
The WTI Crude Oil market initially fell on Friday, but turned around to rally yet again as we approach the $59 level. Ultimately, I believe the pullbacks offer opportunities to go long, as it should represent value. The $60 level above is the next target, as it is a large, round, psychologically significant number. I think that we will see a significant amount of resistance in that area though, so this is a short-term opportunity only. I have no interest in shorting, least not in the near-term, as I think there is more than enough fear of the tension in the Middle East to continue to push the value of crude higher. If we break above the $60 level, the market should go much higher. On the other, if we break down below the $55 level, that would be an extraordinarily negative sign. for more ...
published: 24 Nov 2017 -
WTI Crude Oil and Natural Gas Forecast October 30, 2017
The WTI Crude Oil market initially fell during the Friday session, but then broke significantly above the $53 level. By doing so, it looks as if the market is ready to test the $55 level above, which has been massively resistive in the past. The market certainly looks as if it is going to go there, but the question is can we get above it? I think that if we do, the market probably then heads towards the $60 level. However, eventually the American start flooding the markets with crude oil as higher prices makes the sellers much more interested in offering more supply. Also, the GDP number was stronger than anticipated in the United States, so it’s likely that part of this may have been due to the idea of more demand.
published: 27 Oct 2017 -
WTI Crude Oil and Natural Gas Forecast April 10, 2018
The WTI Crude Oil market rallied a bit during the trading session on Monday, as the uptrend line has held. The $64 level above is significant resistance, but if we can break above there I think that we would then go to the $66 level. I believe that the $62 level underneath is significant support, and a breakdown below that level should send the market down to the $60 level. Ultimately, I believe that the uptrend is going to continue to lift this market, so I like the idea of buying short-term dips, but I think that it will take a while to break out of the overall range. It looks as if we will continue to be noisy, but if we do break down, that would then make a “double top.” The choppiness in this market should continue, so keep your position size small. for more analysis: http://www.dail...
published: 09 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 9, 2018
The WTI Crude Oil markets fell hard during the trading session on Friday, giving back all signs of strength as we reached towards the uptrend line based upon fears of a trade war. By closing the way, we did, it’s likely that we will see major sellers coming into this market, and then hounding much lower. The $60 level would be the initial target, and then possibly the $58 level after that as the market continues to struggle. However, if we bounce from here it is possible that the uptrend line could hold. If you are not involved in this market right now, I would wait to see some type of daily signal one way or the other to put money to work. I believe that the market will continue to be noisy and volatile, but that’s nothing new based upon the last couple of months. for more analysis: http...
published: 06 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 6, 2018
The WTI Crude Oil market went back and forth during trading on Thursday, as we continue to bounce around overall. The $64 level has offered a bit of resistance, but I think if we break above the top of the range for the session, I think the market will continue to go towards the $66 level. That is resistance, so a clearance of that level should be a very strong sign. The alternate scenario of course is that we break down below the uptrend line from the daily chart, and the $62 level. If we break down below the $62 level, we should then go down to the $60 level next. With the jobs number coming out today, I anticipate a lot of volatility on short-term charts, but it does look as if the uptrend line is being respected, at least so far. for more analysis: http://www.dailyforex.com
published: 05 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast January 29, 2018
The WTI Crude Oil market rallied a bit during the trading session on Friday, as we continue to see strength in the crude oil market. The falling US dollar has a lot to do with this as well as the overall demand does. I think that the market should be an opportunity to buy on dips, with the $64 level being massively supportive. I believe that we are probably going to go to the next large, round, psychologically significant number, reaching towards the $70 handle above. I think that if we do break down below the $63 level, the market probably breaks down to the $60 level. Pay attention to these levels, they give you a bit of a roadmap as to where we go next. I suspect we will probably see a little bit of consolidation with an upward bias over the next 24 hours. for more analysis: http://www...
published: 27 Jan 2018 -
WTI Crude Oil and Natural Gas Forecast April 11, 2018
The WTI Crude Oil market broke higher during the trading session on Tuesday, gaining 4% in an explosive move. Ultimately, this is a move based upon the tensions between the United States and America dropping a bit. Because of that, it looks likely to bring in more of a “risk on” move, having the US dollar selloff. The US dollar rolling over puts upward pressure on the WTI market, bouncing from the uptrend line from a couple of days ago. If we can break above the $66 level, then we could go to the $68 level after that. I believe that a short-term pullback should offer value that a lot of people will be willing to take advantage of. I don’t have any interest in shorting this market until we break down below the uptrend line, something that doesn’t look very likely to happen in the short term...
published: 10 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast April 3, 2018
The WTI Crude Oil market initially tried to rally during the day on Monday, but then rolled over rather significantly in a huge “risk off” move. The uptrend line should offer support, especially down at the $62 level. I believe that the market will eventually find buyers, but quite frankly this is a market that will continue to struggle with the idea of a potential trade war, which should bring down demand for crude oil. If we were to break down below the uptrend line, the market probably goes down to the $60 level. I believe that the $66 level continues to be very resistive, and I would point out that the MACD is starting to cross over again, suggesting that we are going to roll over in general. I think Friday will be crucial as to where we go next, as the jobs number comes out. for more...
published: 02 Apr 2018 -
WTI Crude Oil and Natural Gas Forecast November 24, 2017
The WTI Crude Oil market rallied again during the day on Thursday, and what would have been slightly then markets, as Americans were a way for Thanksgiving. However, the electronic session offered trading opportunities for people around the world, and we continue to see buying pressure. I think that the recent spill at the Keystone pipeline has some of the traders thinking bullish, but I also believe that it’s a technical move towards the $60 handle just waiting to happen. I think short-term pullbacks are buying opportunities, and given enough time we will reach that level. I believe that the $55 level is currently the floor in the market, and it’s not until we break down below there that I’m willing to sell, or if we get some type of horrifically negative move towards the $60 handle. for...
published: 23 Nov 2017 -
WTI Crude Oil and Natural Gas Forecast March 27, 2018
The WTI Crude Oil market has been very noisy during the trading session on Monday, breaking above the $66 level, before running into a buzz saw of resistance. By turning around the way it did, we ended up forming a shooting star. That shooting star suggests that we need to pull back, perhaps trying to find some type of value underneath. The uptrend line on the chart of course will continue to keep this market bullish, so I think this pullback will eventually offer enough value to attract people. If we break down below the uptrend line, the market unwinds rather rapidly. However, I think the only thing you can count on is a significant amount of noise in this market, as we have a lot of conflicting issues, including tensions in the Middle East rising, while demand has been falling in North ...
published: 26 Mar 2018 -
WTI Crude Oil and Natural Gas Forecast January 8, 2018
The WTI Crude Oil market fell significantly during the trading session on Friday, but turned around and bounced a bit to show signs of life. After the recent breakout above the $60 level, I think this pullback is probably necessary to find more buyers, and I think that the buyers are going to continue to push to the upside. It’s not until we break down below the $59 level that I’m willing to sell this market. That’s not to say that it will be noisy, of course it will be but there are a lot of competing factors right now that will make this market choppy. OPEC and Russia are cutting back production of course helps the price, but at the same time were starting to see Cheryl producers in North America crank up their production. So, I believe that we will get choppy but slightly positive momen...
published: 05 Jan 2018 -
Weekly WTI Crude Oil Technical Analysis
This video gives overview of last week's WTI Crude Oil charts and helps us to understand how one could methodically trade based on technical analysis. The video is only for educational purpose; not any advise or recommendation for trading or investment.
published: 08 Jul 2017 -
WTI Crude Oil and Natural Gas Forecast March 16, 2018
The WTI Crude Oil market rallied a bit during the trading session on Thursday but has rolled over a bit to show signs of lackluster behavior. I think that the uptrend line underneath it will continue to be supportive, and I also look at the $60 level underneath as being support also. If we break down through both of those levels, I think then we go lower, initially the $58 level, and then possibly even lower than that. Alternately, if we break above the $62 level, the market probably goes looking towards $64 next. We have been in an uptrend for some time, but I think things are starting to change. The next couple of sessions could be very difficult, so keep that in mind. I would not jump into this market to rapidly, waiting for a daily close either above or below those levels to take advan...
published: 15 Mar 2018
developed with YouTube
WTI Crude Oil and Natural Gas Forecast April 23, 2018
- Order:
- Duration: 1:14
- Updated: 20 Apr 2018
- views: 22
The WTI Crude Oil market has gone back and forth during the session on Friday, settling on a neutral candle. The market looks likely to continue to go back and forth, although I think that the overall attitude of the market is still bullish. I think that there is a lot of support underneath, starting at the $66 level, and then possibly even lower than that at the uptrend line. I think that the $70 level will be a target, but it’s going to take a lot of work to get up there. I think that short-term pullback should continue to offer value the people are willing to take advantage of, especially considering that there is a lot of tension in the Middle East right now. I think that we will continue to see buyers jump in every time we drift lower.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_23,_2018
WTI Crude Oil and Natural Gas Forecast April 20, 2018
- Order:
- Duration: 0:56
- Updated: 19 Apr 2018
- views: 11
The WTI Crude Oil market initially rallied on Thursday but found enough resistance just below the $69.50 level to turn around and form a shooting star for the day. I think that the market will continue to find buyers on pullbacks, and that pullback is probably coming now. A breakdown below the bottom of the range for the session should send this market looking for the $66 level underneath. I think there’s more than enough support underneath though, so not looking to sell this market, rather I am looking to pick up value at levels below that appear likely to be tested. The uptrend line still holds intact, so I don’t have any interest in shorting quite yet. If we did breakdown below the uptrend line though, this market could unwind to the $60 handle. I think that the tensions in the Middle East will continue to put a bit of buying pressure into this market.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_20,_2018
WTI Crude Oil and Natural Gas Forecast April 17, 2018
- Order:
- Duration: 1:04
- Updated: 16 Apr 2018
- views: 104
The WTI Crude Oil market pulled back slightly during the trading session on Monday, losing 1.6% by the time the markets closed for the day. The uptrend line underneath should continue to be supportive, and I think that it’s not until we break down below that level that we can start selling. I think that we have simply ran out of momentum, as we reach the top of the Bollinger Band. I’m looking for supportive candles underneath, and on signs of support or a supportive daily candle, I am more than willing to start buying again. The $64 level should also be supportive, just as the $66 level will be as it was previous resistance. I think ultimately, this market will go looking towards the $70 level above, so look for value to take advantage of. A falling US dollar will exacerbate this move if we do in fact see that.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_17,_2018
The Basics to Day Trading Crude Oil Futures - WTI vs. Brent. Learn to Trade Oil Futures
- Order:
- Duration: 4:03
- Updated: 18 Apr 2017
- views: 3907
Let me show the Correct Way to Trade Bond Futures
Learn to trade oil futures - oil trading for beginners, how to trade oil futures
The Basics to Trading Crude Oil Futures - WTI vs. Brent - oil futures, learn to trade oil futures, trading oil futures, trading brent wti futures, futures oil trading, wti oil futures, trading futures in oil how to trade futures futures contract day trading
https://wn.com/The_Basics_To_Day_Trading_Crude_Oil_Futures_Wti_Vs._Brent._Learn_To_Trade_Oil_Futures
What is WTI Crude OIl?
- Order:
- Duration: 3:48
- Updated: 16 Jun 2017
- views: 679
Learn about West Texas Intermediate (WTI) Crude Oil futures at CME Group, including their importance in crude markets and the changing benchmark landscape.
Subscribe: https://www.youtube.com/subscription_center?add_user=cmegroup
Learn more: https://institute.cmegroup.com/
CME Group: http://www.cmegroup.com/
Follow us:
Twitter: http://twitter.com/CMEGroup
Facebook: http://www.facebook.com/CMEGroup
Topic: west texas, light sweet crude, wti, loop, ULCC, VLCC, ultra large crude carriers, very large crude carrier
https://wn.com/What_Is_Wti_Crude_Oil
WTI vs Brent - What is the Difference?
- Order:
- Duration: 14:13
- Updated: 29 Apr 2016
- views: 4930
This video is about crude oil. The quality metrics of crude oil, such as light vs heavy crude oil, sweet vs sour crude oil and API gravity. The rest of the video covers the differences between Brent and WTI crude oil - two trading classifications of sweet light crude oil that serve as the two major benchmark prices for purchases of oil worldwide - and their role in the futures market.
Download our new Commodities price forecast report FREE:
http://www.focus-economics.com/commodities2016
Other related Links:
http://www.focus-economics.com
Original WTI vs Brent blog post: http://www.focus-economics.com/blog/difference-between-wti-and-brent
Energy commodities news: http://www.focus-economics.com/commodities/energy
Brent crude oil price outlook: http://www.focus-economics.com/commodities/energy/brent-crude-oil
WTI crude oil price outlook: http://www.focus-economics.com/commodities/energy/wti-crude-oil
https://wn.com/Wti_Vs_Brent_What_Is_The_Difference
What is WTI Crude oil?
- Order:
- Duration: 1:17
- Updated: 26 Jun 2015
- views: 1717
Welcome to the Investors Trading Academy talking glossary of financial terms and events.
Our word of the day is “WTI Crude oil”.
WTI refers to oil extracted from wells in the U.S. and sent via pipeline to Cushing, Oklahoma. The fact that supplies are land-locked is one of the drawbacks to West Texas crude – it’s relatively expensive to ship to certain parts of the globe. The product itself is very light and very sweet, making it ideal for gasoline refining, in particular. WTI continues to be the main benchmark for oil consumed in the United States.
WTI is considered “sweet" crude because it is about 0.24% sulfur, a lower concentration than North Sea Brent crude. WTI is high quality oil that is easily refined. Light, sweet crude oil commonly referred to as "oil" in the Western world. WTI is the underlying commodity of the New York Mercantile Exchange's oil futures contracts.
This grade is described as light because of its relatively low density, and sweet because of its low sulfur content.
By Barry Norman, Investors Trading Academy
https://wn.com/What_Is_Wti_Crude_Oil
WTI Crude Oil and Natural Gas Forecast April 19, 2018
- Order:
- Duration: 1:05
- Updated: 18 Apr 2018
- views: 20
The WTI Crude Oil market rallied during the day on Wednesday, breaking out to the upside, clearing the $68 level. By making this fresh, new high, it looks like the market is going to continue to see buyers jumping in this market, and I believe that short-term pullbacks will be thought of as value. The market is more than likely going to go looking towards the $70 level above, which is a large, round, psychologically significant number that will bring in a certain amount of attention to itself. I believe that if we can stay above the uptrend line, which is something that looks very likely to happen, buying the dips is the only way to play this market, adding as we go along and trying to build up a sizable position to take advantage of the upward proclivity. If we can break above the $70 level, we probably go looking towards the $72 level next.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_19,_2018
WTI Crude Oil and Natural Gas Forecast April 18, 2018
- Order:
- Duration: 1:15
- Updated: 17 Apr 2018
- views: 12
The WTI Crude Oil market has been very noisy during the trading session on Tuesday, going back and forth, but it appears that the $66 level is going to offer support enough to turn things around and cause a bit of a bounce. I believe that the market is starting to show signs of life again, as the daily candle looks a bit like a hammer. A break above the top of the range for the day should send the market towards the $60 level. Alternately, if we break down below the bottom of the hammer, that’s a very negative sign and I think we would reset and try to go down towards the uptrend line underneath. I believe that eventually, the market will rally again as there are tensions in the Middle East that will continue to keep this market afloat.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_18,_2018
WTI Crude Oil and Natural Gas Forecast April 16, 2018
- Order:
- Duration: 1:05
- Updated: 13 Apr 2018
- views: 40
The WTI Crude Oil market continues to try to go higher during the trading session on Friday, but as you can see struggled a bit. The $68 level should continue to be an area of resistance, but I think if we can break above that level, I think that the market should then go to the $70 level. I believe that short-term pullbacks will be a buying opportunity, as the uptrend line has kept this market intact to the upside. I think that if we were to break down below the uptrend line, then of course things change. I believe that the market should have plenty of support at the $66 level, and if the US dollar can continue to struggle, that could also send this market higher. With tensions in the Middle East, it’s likely that oil will continue to have a bit of a bit underneath it.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_16,_2018
WTI Crude Oil and Natural Gas Forecast April 12, 2018
- Order:
- Duration: 0:57
- Updated: 11 Apr 2018
- views: 188
The WTI Crude Oil market rallied significantly during the trading session on Wednesday, reaching towards the $67 level. We pulled back slightly from there, and I think that it’s only a matter of time before the buyers come back at as we have seen so much in the way of noise underneath. The explosive move should have plenty of buy orders below just waiting to push higher, and therefore I think it will offer value if we do get that pullback. The uptrend line underneath should continue to support the market as well, and if the trade tensions between the United States and China can continue to pull back, I think that we will find that oil goes higher based upon perceived demand, and of course risk appetite. If we did breakdown below the uptrend line, this market could unwind to the $60 level rather quickly.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_12,_2018
WTI Crude Oil and Natural Gas Forecast November 27, 2017
- Order:
- Duration: 1:10
- Updated: 24 Nov 2017
- views: 304
The WTI Crude Oil market initially fell on Friday, but turned around to rally yet again as we approach the $59 level. Ultimately, I believe the pullbacks offer opportunities to go long, as it should represent value. The $60 level above is the next target, as it is a large, round, psychologically significant number. I think that we will see a significant amount of resistance in that area though, so this is a short-term opportunity only. I have no interest in shorting, least not in the near-term, as I think there is more than enough fear of the tension in the Middle East to continue to push the value of crude higher. If we break above the $60 level, the market should go much higher. On the other, if we break down below the $55 level, that would be an extraordinarily negative sign.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_November_27,_2017
WTI Crude Oil and Natural Gas Forecast October 30, 2017
- Order:
- Duration: 1:20
- Updated: 27 Oct 2017
- views: 512
The WTI Crude Oil market initially fell during the Friday session, but then broke significantly above the $53 level. By doing so, it looks as if the market is ready to test the $55 level above, which has been massively resistive in the past. The market certainly looks as if it is going to go there, but the question is can we get above it? I think that if we do, the market probably then heads towards the $60 level. However, eventually the American start flooding the markets with crude oil as higher prices makes the sellers much more interested in offering more supply. Also, the GDP number was stronger than anticipated in the United States, so it’s likely that part of this may have been due to the idea of more demand.
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_October_30,_2017
WTI Crude Oil and Natural Gas Forecast April 10, 2018
- Order:
- Duration: 1:00
- Updated: 09 Apr 2018
- views: 180
The WTI Crude Oil market rallied a bit during the trading session on Monday, as the uptrend line has held. The $64 level above is significant resistance, but if we can break above there I think that we would then go to the $66 level. I believe that the $62 level underneath is significant support, and a breakdown below that level should send the market down to the $60 level. Ultimately, I believe that the uptrend is going to continue to lift this market, so I like the idea of buying short-term dips, but I think that it will take a while to break out of the overall range. It looks as if we will continue to be noisy, but if we do break down, that would then make a “double top.” The choppiness in this market should continue, so keep your position size small.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_10,_2018
WTI Crude Oil and Natural Gas Forecast April 9, 2018
- Order:
- Duration: 1:07
- Updated: 06 Apr 2018
- views: 300
The WTI Crude Oil markets fell hard during the trading session on Friday, giving back all signs of strength as we reached towards the uptrend line based upon fears of a trade war. By closing the way, we did, it’s likely that we will see major sellers coming into this market, and then hounding much lower. The $60 level would be the initial target, and then possibly the $58 level after that as the market continues to struggle. However, if we bounce from here it is possible that the uptrend line could hold. If you are not involved in this market right now, I would wait to see some type of daily signal one way or the other to put money to work. I believe that the market will continue to be noisy and volatile, but that’s nothing new based upon the last couple of months.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_9,_2018
WTI Crude Oil and Natural Gas Forecast April 6, 2018
- Order:
- Duration: 0:51
- Updated: 05 Apr 2018
- views: 236
The WTI Crude Oil market went back and forth during trading on Thursday, as we continue to bounce around overall. The $64 level has offered a bit of resistance, but I think if we break above the top of the range for the session, I think the market will continue to go towards the $66 level. That is resistance, so a clearance of that level should be a very strong sign. The alternate scenario of course is that we break down below the uptrend line from the daily chart, and the $62 level. If we break down below the $62 level, we should then go down to the $60 level next. With the jobs number coming out today, I anticipate a lot of volatility on short-term charts, but it does look as if the uptrend line is being respected, at least so far.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_6,_2018
WTI Crude Oil and Natural Gas Forecast January 29, 2018
- Order:
- Duration: 1:20
- Updated: 27 Jan 2018
- views: 419
The WTI Crude Oil market rallied a bit during the trading session on Friday, as we continue to see strength in the crude oil market. The falling US dollar has a lot to do with this as well as the overall demand does. I think that the market should be an opportunity to buy on dips, with the $64 level being massively supportive. I believe that we are probably going to go to the next large, round, psychologically significant number, reaching towards the $70 handle above. I think that if we do break down below the $63 level, the market probably breaks down to the $60 level. Pay attention to these levels, they give you a bit of a roadmap as to where we go next. I suspect we will probably see a little bit of consolidation with an upward bias over the next 24 hours.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_January_29,_2018
WTI Crude Oil and Natural Gas Forecast April 11, 2018
- Order:
- Duration: 1:18
- Updated: 10 Apr 2018
- views: 194
The WTI Crude Oil market broke higher during the trading session on Tuesday, gaining 4% in an explosive move. Ultimately, this is a move based upon the tensions between the United States and America dropping a bit. Because of that, it looks likely to bring in more of a “risk on” move, having the US dollar selloff. The US dollar rolling over puts upward pressure on the WTI market, bouncing from the uptrend line from a couple of days ago. If we can break above the $66 level, then we could go to the $68 level after that. I believe that a short-term pullback should offer value that a lot of people will be willing to take advantage of. I don’t have any interest in shorting this market until we break down below the uptrend line, something that doesn’t look very likely to happen in the short term.
http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_11,_2018
WTI Crude Oil and Natural Gas Forecast April 3, 2018
- Order:
- Duration: 1:21
- Updated: 02 Apr 2018
- views: 215
The WTI Crude Oil market initially tried to rally during the day on Monday, but then rolled over rather significantly in a huge “risk off” move. The uptrend line should offer support, especially down at the $62 level. I believe that the market will eventually find buyers, but quite frankly this is a market that will continue to struggle with the idea of a potential trade war, which should bring down demand for crude oil. If we were to break down below the uptrend line, the market probably goes down to the $60 level. I believe that the $66 level continues to be very resistive, and I would point out that the MACD is starting to cross over again, suggesting that we are going to roll over in general. I think Friday will be crucial as to where we go next, as the jobs number comes out.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_3,_2018
WTI Crude Oil and Natural Gas Forecast November 24, 2017
- Order:
- Duration: 1:33
- Updated: 23 Nov 2017
- views: 246
The WTI Crude Oil market rallied again during the day on Thursday, and what would have been slightly then markets, as Americans were a way for Thanksgiving. However, the electronic session offered trading opportunities for people around the world, and we continue to see buying pressure. I think that the recent spill at the Keystone pipeline has some of the traders thinking bullish, but I also believe that it’s a technical move towards the $60 handle just waiting to happen. I think short-term pullbacks are buying opportunities, and given enough time we will reach that level. I believe that the $55 level is currently the floor in the market, and it’s not until we break down below there that I’m willing to sell, or if we get some type of horrifically negative move towards the $60 handle.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_November_24,_2017
WTI Crude Oil and Natural Gas Forecast March 27, 2018
- Order:
- Duration: 1:11
- Updated: 26 Mar 2018
- views: 278
The WTI Crude Oil market has been very noisy during the trading session on Monday, breaking above the $66 level, before running into a buzz saw of resistance. By turning around the way it did, we ended up forming a shooting star. That shooting star suggests that we need to pull back, perhaps trying to find some type of value underneath. The uptrend line on the chart of course will continue to keep this market bullish, so I think this pullback will eventually offer enough value to attract people. If we break down below the uptrend line, the market unwinds rather rapidly. However, I think the only thing you can count on is a significant amount of noise in this market, as we have a lot of conflicting issues, including tensions in the Middle East rising, while demand has been falling in North America.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_March_27,_2018
WTI Crude Oil and Natural Gas Forecast January 8, 2018
- Order:
- Duration: 0:57
- Updated: 05 Jan 2018
- views: 414
The WTI Crude Oil market fell significantly during the trading session on Friday, but turned around and bounced a bit to show signs of life. After the recent breakout above the $60 level, I think this pullback is probably necessary to find more buyers, and I think that the buyers are going to continue to push to the upside. It’s not until we break down below the $59 level that I’m willing to sell this market. That’s not to say that it will be noisy, of course it will be but there are a lot of competing factors right now that will make this market choppy. OPEC and Russia are cutting back production of course helps the price, but at the same time were starting to see Cheryl producers in North America crank up their production. So, I believe that we will get choppy but slightly positive momentum over the next several sessions.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_January_8,_2018
Weekly WTI Crude Oil Technical Analysis
- Order:
- Duration: 5:16
- Updated: 08 Jul 2017
- views: 648
This video gives overview of last week's WTI Crude Oil charts and helps us to understand how one could methodically trade based on technical analysis. The video is only for educational purpose; not any advise or recommendation for trading or investment.
https://wn.com/Weekly_Wti_Crude_Oil_Technical_Analysis
WTI Crude Oil and Natural Gas Forecast March 16, 2018
- Order:
- Duration: 1:14
- Updated: 15 Mar 2018
- views: 231
The WTI Crude Oil market rallied a bit during the trading session on Thursday but has rolled over a bit to show signs of lackluster behavior. I think that the uptrend line underneath it will continue to be supportive, and I also look at the $60 level underneath as being support also. If we break down through both of those levels, I think then we go lower, initially the $58 level, and then possibly even lower than that. Alternately, if we break above the $62 level, the market probably goes looking towards $64 next. We have been in an uptrend for some time, but I think things are starting to change. The next couple of sessions could be very difficult, so keep that in mind. I would not jump into this market to rapidly, waiting for a daily close either above or below those levels to take advantage of.
for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_March_16,_2018
