USOIL | Geopolitical Risks Keep Bulls in Control
Oil prices remain supported as renewed tensions between the U.S. and Iran keep supply concerns elevated. Despite softer U.S. inflation, higher Treasury yields and ongoing geopolitical uncertainty continue to influence energy markets.
Technically
The price is currently consolidating within the 80.20 - 78.66 range while waiting for the next breakout.
Overall, the market maintains a bullish structure.
A break above 80.20 would support bullish continuation toward 84.00 and 87.13.
However, to confirm a bearish reversal, the market needs to close a 4H candle below 78.66, which would open the way toward 75.00, especially if any de-escalation announcement is released.
Support: 78.65 – 74.90
Resistance: 84.00 – 87.13
Oil prices remain supported as renewed tensions between the U.S. and Iran keep supply concerns elevated. Despite softer U.S. inflation, higher Treasury yields and ongoing geopolitical uncertainty continue to influence energy markets.
Technically
The price is currently consolidating within the 80.20 - 78.66 range while waiting for the next breakout.
Overall, the market maintains a bullish structure.
A break above 80.20 would support bullish continuation toward 84.00 and 87.13.
However, to confirm a bearish reversal, the market needs to close a 4H candle below 78.66, which would open the way toward 75.00, especially if any de-escalation announcement is released.
Support: 78.65 – 74.90
Resistance: 84.00 – 87.13
交易开始
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
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Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。