MCX Crude Oil Hourly PredictionAs shown in the attached chart, MCX Crude Oil performed well under 1 hourly chart always.
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Bullish Harami/ Hammer -Unconfirmed Candlestick PatternThis candlestick pattern lacks confirmation but suggest a bottom may be forming for crude oil. This is likely fully driven by the state of the economy and trade. Any positive news around the economy, geo politics, trade, etc. will likely result in confirmation with a bullish candle and prices could
Oil's (CL) Rally Likely to Stall, Signaling Deeper LossesThe current market cycle for Light Crude Oil (CL), starting from its high on January 15, 2025, is unfolding as a double three Elliott Wave pattern. This technical structure suggests a corrective phase with alternating declines and recoveries. From the peak, the price dropped to 55.12, completing wav
OPEC at a turning point: what’s next for oil? All eyes are on OPEC ahead of its May 5 meeting as it faces pressure from falling prices, weak demand, and internal rifts.
While some expect a pause in output hikes, the consensus points to continued increases. The group’s decision will be key in shaping oil market dynamics amid trade tensions
Oil prices (WTI) remain bearish below $65Introduction: In a market analysis we brought you in mid-April, we explained that the price of US crude oil on the commodities market had broken a pivotal technical level, the price of $65 per barrel of Texas crude oil (WTI). As the benchmark for the price of black gold in the United States, this f
WTI Crude oil Holds Support Despite OPEC Production IncreaseWTI crude was on the ropes Monday morning following another surprise production increase from OPEC+. Yet despite the weak start to the week, oil prices held above the April low despite the bearish headlines.
Given we've already seen a -15% decline over the prior eight days and a bullish divergence
Crude Oil 4h time frame , potential double bottom🛢️ WTI Crude Oil (WTI3!) 4H Chart Analysis – May 5, 2025
🧠 Technical Snapshot:
Market Structure:
Clear downtrend from late April into early May.
Price recently found support at $54.38, a level that previously held as demand in early April.
Current Price Action:
Strong bullish reaction from the $
WTI: Break It or Bounce ItIf other cyclical asset classes are rallying like a global recession can be avoided, then why shouldn’t crude oil? Yes, there are reports OPEC+ may increase output again, and we know Donald Trump wants lower prices, but those factors should already be priced in. The true swing factor is demand—and i
Using Moving Averages Like a ChaseHow Institutions May Be Using Moving Averages to Align Technicals with Fundamentals
Are moving averages just for retail traders and chart watchers? Not if you're JPMorgan Chase.
While many associate moving averages (MAs) with simple trading strategies, institutional giants like JPMorgan Chase lik
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of E-mini Crude Oil Futures (Jan 2029) is 60.650 USD — it has fallen −1.30% in the past 24 hours. Watch E-mini Crude Oil Futures (Jan 2029) price in more detail on the chart.
Track more important stats on the E-mini Crude Oil Futures (Jan 2029) chart.
The nearest expiration date for E-mini Crude Oil Futures (Jan 2029) is Dec 18, 2028.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell E-mini Crude Oil Futures (Jan 2029) before Dec 18, 2028.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for E-mini Crude Oil Futures (Jan 2029). Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of E-mini Crude Oil Futures (Jan 2029) technicals for a more comprehensive analysis.