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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7489.71
7489.71
7489.71
7512.04
7399.83
+52.07
+ 0.70%
--
--
DJI
Dow Jones Industrial Average
52485.03
52485.03
52485.03
52623.14
51996.32
+276.97
+ 0.53%
--
--
IXIC
NASDAQ Composite Index
25373.84
25373.84
25373.84
25460.86
25004.33
+251.68
+ 1.00%
--
--
USDX
US Dollar Index
99.680
99.680
99.760
100.290
99.540
-0.110
-0.11%
--
--
EURUSD
Euro / US Dollar
1.15279
1.15279
1.15317
1.15461
1.14549
+0.00012
+ 0.01%
--
--
GBPUSD
Pound Sterling / US Dollar
1.34778
1.34778
1.34894
1.34935
1.34000
+0.00152
+ 0.11%
--
--
XAUUSD
Gold / US Dollar
4042.86
4042.86
4042.86
4111.58
4020.98
-60.36
-1.47%
--
--
WTI
Light Sweet Crude Oil
84.766
84.766
84.800
85.118
79.948
+2.136
+ 2.59%
--
--

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TIME
ACT
FCST
PREV
IMPACT
U.S. GDP Deflator Prelim QoQ (SA) (Q2)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Core PCE Price Index Annualized QoQ Prelim (SA) (Q2)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Weekly Continued Jobless Claims (SA)

A:--

F: --

P: --
XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Real GDP Annualized QoQ Prelim (SA) (Q2)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Dallas Fed PCE Price Index YoY (Jun)

A:--

F: --

P: --

U.S. EIA Weekly Natural Gas Stocks Change

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
South Korea Industrial Output MoM (SA) (Jun)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
Japan Unemployment Rate (Jun)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
Japan Jobs to Applicants Ratio (Jun)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
Japan Tokyo CPI YoY (Jul)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
Japan Tokyo Core CPI YoY (Jul)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
Japan Retail Sales YoY (Jun)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Japan Industrial Output Prelim YoY (Jun)

--

F: --

P: --

Japan Retail Sales MoM (SA) (Jun)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Australia PPI YoY (Q2)

A:--

F: --

P: --

AUDUSD
  • AUDUSD
  • XAUUSD
  • XAGUSD
  • WTI
Australia PPI QoQ (Q2)

A:--

F: --

P: --

AUDUSD
  • AUDUSD
  • XAUUSD
  • XAGUSD
  • WTI
China, Mainland NBS Non-manufacturing PMI (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
China, Mainland Composite PMI (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
China, Mainland NBS Manufacturing PMI (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
BOJ Monetary Policy Statement
Japan New Housing Starts YoY (Jun)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
BOJ Press Conference
France PPI MoM (Jun)

A:--

F: --

P: --

EURUSD
  • EURUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Germany Unemployment Rate (SA) (Jul)

A:--

F: --

P: --

EURUSD
  • EURUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Labor Cost Index QoQ (Q2)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Canada GDP YoY (May)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Canada GDP MoM (SA) (May)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. Chicago PMI (Jul)

A:--

F: --

P: --

USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Weekly Total Rig Count

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. Weekly Total Oil Rig Count

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
South Korea Trade Balance Prelim (Jul)

A:--

F: --

P: --
XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
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          Bullish Speculation Fades and Crude Oil Keeps Falling

          FastBull Featured
          Summary:

          Today's oscillation range will be 80.0-82.5, and it is better to buy low and sell high.

          SELL WTI
          EXP
          EXPIRED

          82.500

          Entry Price

          80.500

          TP

          83.000

          SL

          84.766 0.000 0.00%

          --

          Pips

          EXPIRED

          80.500

          TP

          80.960

          Exit Price

          82.500

          Entry Price

          83.000

          SL

          Fundamentals

          During Tuesday's (July 9th) Asian session, WTI oscillated slightly, and it is now trading at 81.5.
          Yesterday, crude oil extended declined and closed with a big bear candle. There was no big rally during the session. This was mainly because the previous bullish speculation faded and Atlantic Hurricane Beryl weakened. So far, 121 counties in Texas entered a state of disaster with more than 480,000 residents losing power connections. However, it does not have a significant impact on the oil production infrastructure in the Gulf of Mexico, and Beryl is expected to weaken and be downgraded on Tuesday.
          Tonight, the focus will be on the inventory data. If the inventory rises, crude oil prices will keep plunging, and the support should be at 80. Otherwise, WTI may move up to test the resistance at 82.5.

          Technical Analysis

          Crude oil plunged on Monday and closed with a big bear candle, dropping below the strong support level of 82.5. In the U.S. session, it failed several times to stand above 82.5. Therefore, crude oil is under a weak trend, and it may turn bearish this week.
          Technically, after falling for several days, crude oil has turned to a bearish trend in the 1D timeframe. In the 4H chart, it plummets continuously and falls below the Bollinger lower band. Meanwhile, the SMAs are heading downward, so the price won't ascend much. As it is fluctuating at high levels now, if it fails to rise further today, it may plunge this week. We should focus on the resistance at 82.5 and 83, and try to sell WTI if it fails to cross above them.
          Bullish Speculation Fades and Crude Oil Keeps Falling_1

          Trading Recommendations

          Trading direction: Sell
          Entry price: 82.50
          Target price: 80.50
          Stop loss: 83.00
          Support: 82.00/80.00
          Resistance: 82.50/83.80
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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