Get started

Energy Commodities

USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsIn recent weeks, we have witnessed a remarkable surge in oil prices, and the current market still exhibits the potential to add to growth over the coming sessions. This upward trajectory in price is a positive development for the OPEC+ in their attempt to break beyond the coveted threshold of $80 a barrel. The remarkable upswing in oil prices can be attributed to a multitude of supporting factors. Notably, the decisive OPEC+ decisions on production cuts, coupled with receding inflation data from the US economy, have fostered the belief that the Federal Reserve will adopt a less aggressive stance towards interest rates in the future. This, in turn, has pushed the dollar to its lowest levels in 15 months, rendering dollar-denominated oil increasingly appealing to buyers utilizing alternative currencies. USOILSPOT Technical Analysis: In this video, we focus specifically on key supply and demand zones within the 4H and 1H timeframes, and following a thorough examination of these pivotal indicators, our primary objective is to provide ourselves with invaluable insights into the potential direction of price action for USOILSPOT in the upcoming week." "Don't miss out on this invaluable opportunity to enhance your understanding of the future trajectory of USOILSPOT. Stay one step ahead of the curve and gain a distinct competitive edge by immersing yourself in this price-action-based technical analysis. Watch the video now and ensure you remain at the forefront of the ever-evolving oil market Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
FX:USOILSPOT
by darcsherry
Buying The Dips in Crude Oil CL1!Crude Oil is the market to watch right now as everyone has turned complacent with inflation slowing. If CL starts to rally that can change the inflation story very quickly and potentially get a lot of trader off guard. Fundamentally CL has a lot of reasons to rally according to many of the Macro Traders I follow. Technically CL also has a bullish look as it has started to firm up above it's Auto-Anchored VWAP for the year, above the VWAP's from the recent swing high and lows and above my key neutral area on my Beacon Indicator. In this video I lay out how I will be playing CL in the coming days/weeks. Cheers, DELI
NYMEX:CL1!Long
by anthonycrudele
1
Oil: Sellers setting up for further downside? Today's focus: Oil Pattern – 1st leg Pull back Possible targets – 72.75 Support – Resistance – After Friday’s strong move lower, could we see further selling before oil stabilises after last week’s firm rally back to the $80 Handel? That’s the question I am asking in today’s video, and if we do see further selling, we will also be looking for signs that buyers are looking to form a new continuation higher, maintaining the first leg break out. Have a great day and good trading.
EIGHTCAP:USOUSDShort
by Eightcap
NatGas Gold Silver Forecast | QQQ Market Analysis- Natural Gas stock slight red flag today - Natural Gas NatGas bull break above resistance today with no bull follow through and came below the resistance. - Gold & Silver Stock Falling Wedge Guide. - Silver is outperforming Gold and if silver weakens more Gold would likely break bearish through the falling wedge. - QQQ needs to confirm a hourly downtrend before we can have more confidence that the daily lower high is set. So far bulls played defense and we are still in a hourly uptrend.
NLong
by ArcadiaTrading
USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsOil prices soared to their highest level in nine weeks, setting the stage for a potential breakout to the upside and igniting hopes of an uptrend continuation. This surge comes against the backdrop of a weaker dollar, which hit a two-week low following robust U.S. jobs report that reinforced expectations for further Federal Reserve rate hikes. The rally in prices was fueled by a combination of supply concerns and technical buying, which offset worries that additional rate hikes might impede economic growth and dampen the demand outlook for oil. In a significant development, top oil exporters Saudi Arabia and Russia announced fresh output cuts last week. These cuts, in conjunction with reductions by OPEC+ (the Organization of the Petroleum Exporting Countries and its allies), now total approximately 5 million barrels per day (bpd), accounting for around 5% of global oil demand. It's important to note that a weaker dollar makes crude oil more affordable for holders of other currencies, potentially boosting oil demand. In this video, I present a comprehensive technical analysis of USOILSPOT, with a specific focus on key supply and demand zones within the Daily and 4-hour timeframes. By closely examining these critical indicators, our aim is to provide valuable insights into the potential direction of price action for USOILSPOT in the upcoming week. Don't miss out on this invaluable technical analysis, which will enhance your understanding of the future trajectory of USOILSPOT. Stay ahead of the curve and gain a competitive edge by watching the video now! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
FX:USOILSPOT
by darcsherry
Key Levels and US Market Review for the Asian session open 13/07US markets gapped up on buyers enthusiasm after a weaker than expected CPI release that signals inflation is easing more than expected. US Bond yields fell while the USD was sent lower also which I expect is the big story from overnight. I feel that the USD will find more weakness in the near term but will not be without a bounce here and there. Gold and Silver found some strength while Copper also had a good night. Expecting a stronger open in Asia with the ASX200 to open up 50 pts, the Nikkei to open up 130 pts and Hang Seng to open up 300/330 pts also. The CPI release was key as it points to a potential end to interest rate rises and the end of the cycle. Now markets may start to focus on US earnings and then potentially a global contraction and rate cuts....but I would expect the coming months to be buoyant if CPI continues to show easing. Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper ** If you like the content then take a look at my WEBSITE in the profile to get more daily ideas and learning material ** ** Comments and likes are greatly appreciated. **
NYMEX:CL1!
by TradeTheStructure
USOIL H4 | Bearish reversal from overlap resistance?USOIL could approach a key overlap resistance and potentially reverse off this level to drop lower. The sell entry level is set at 74.034 which an overlap resistance. Stop loss is at 76.944 which is an overlap resistance that aligns above the 61.8% Fibonacci retracement level. Take profit is at 70.005 which is a pullback support that sits just above the 61.8% Fibonacci retracement level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
FX:USOILShort
by FXCM
2
Using volatility for income trades - UNG 59% ivNatural Gas and other commodities offer alternatives to main show which is the stock market indices. The spx sp500 is currently offering very low volatility premiums because its been trending higher in smooth way, and put sellers have crushed premium there. UNG etf offers an alternative potential opportunity for me since premium is high enough and its already had a nasty sell off for months since fall of 2022. With headlines of hot summers and potential higher energy use, Im comfortable nibbling at premium trades in UNG.
AMEX:UNGLong
by ValuePig
1
Key Levels and US Market Review for the Asian session open 5/07US markets were closed for the 4th July holiday which saw muted trading across the European session. The RBA held off on another rate rise much to the relief of Australians who are feeling the squeeze. The RBA notes that a lot of the inflation can be attributed to corporate profit margins increasing so may be a reason why they are holding off on rates (as raising will no doubt see margins increase and inflation go up). With the FOMC minutes out tonight, it will be interesting to see if there is an indication of a similar scenario in the US which will will point to a pause in rate hikes also. Expecting a mixed open to the Asian session with the ASX200 to open flat, the Nikkei to open slightly lower along with the Hang Seng. Traders are focused on the end of the interest rate rising cycle in the US which also means a slowing economy bringing about mixed reactions from traders. The Ponzi scheme that is the US debt ceiling may start to be of more concern if GDP contracts and the global economy slows. Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper ** If you like the content then follow my profile to get more daily ideas and learning material ** ** Comments and likes are greatly appreciated. **
NYMEX:CL1!
by TradeTheStructure
USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsDespite three production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) and its allies since October, including support from the Saudis, crude prices have shown limited improvement. This is unexpected, particularly during a time of the year when oil demand should naturally be strong due to summer travel. The Saudis have expressed their desire to see oil prices reach $80 per barrel or higher by next month, or at least by August. However, external factors beyond their control, namely the decisions made by central banks worldwide, call for patience. From the Federal Reserve to the Bank of England, the European Central Bank, and even the Bank of Canada, there is a race to implement one or two interest rate hikes before the end of the year. Any rate cuts could potentially hinder global growth, which serves as the driving force behind oil demand. The crucial question now is whether the bullish sentiment will prevail as global travel rates are expected to increase in July and August. This surge in travel could lead to a critical shortage of crude oil required by U.S. refineries, especially as the Saudis intentionally reduce their oil supply to that particular destination more than others. Additionally, unless extended, the weekly sales of crude from the Strategic Petroleum Reserve will cease, eliminating one of the tools the Biden administration has utilized to keep prices low. In this video, I offer a comprehensive technical analysis of USOILSPOT, focusing on key supply and demand zones within the 4-hour timeframe. By examining these indicators, our aim is to provide valuable insights into the potential direction of price action for USOILSPOT in the upcoming week. Make sure not to miss out on this valuable technical analysis that will enhance your understanding of the future trajectory of USOILSPOT. Stay ahead of the curve by watching the video now! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
FX:USOILSPOT
by darcsherry
2023.6.30 Daily European Perspective USDX broke up again !2023.6.30 Daily European Perspective USDX broke up again ! USD continues to strengthen, with non US currencies and precious metals stepping back on key support, and USoil bulls feeling weak! Hello, I'm Older Duan. Today is Friday, June 30 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index broke up again yesterday, back above the daily 21MA and 144MA, and hit the daily 165MA! Now, let's look at gold. Now you can see the daily chart of gold. The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square! As shown in the figure, the lowest point of gold yesterday hit the 1.618 level (around $1890) above the bottom of the gold split! Then, in the following days today, we will continue to use the integer gate of $1900 as an important Bitwise operation operation! Above this position, bulls dominate; Below this position, bears dominate! Let's take a look at American crude oil. What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination! As shown in the figure, the daily pattern of US crude oil in the past three trading days has shown a state of continuous bullish accumulation, ready to exert upward force! Then, in the future, we will continue to use the integer pass of $70 as the important Bitwise operation operation in the day! Above this point, bulls dominate; Below this point, bears dominate! Let's look at EURUSD. What you can see now is the daily chart of EURUSD. The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square! As shown in the figure, the euro/US dollar hit its daily low of 21MA yesterday and today, rebounding upwards at any time! Then in the future, the daily line 21MA (1.08600) will be used as the Bitwise operation of the important point in the day! Above this position, bulls dominate; Under this position, bears dominate! Finally, let's take a look at GBPUSD. Now you can see the daily chart of GBPUSD. The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square! As shown in the figure, the pound US currency has been vying for long and short positions near the daily line 21MA in the past three trading days! Then in the future, the daily line level of 21MA (1.26600) will be taken as the Bitwise operation of the important point in the day! Above this position, bulls dominate; Under this position, bears dominate! Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period! Special reminder, today is Friday. As it is the last trading day of June, the weekly, monthly, quarterly, and first half year lines of 2023 will be closed tonight! Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
Target reached! Crude Oil ReviewPrice bounced strongly above the 67.31 support level towards our take profit target - but how did we do it? Join Desmond in this analysis review where he covers the reason why this setup worked nicely. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
FX:USOILEducation
by FXCM