Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
- Trade
- Markets
- Copy
- Contests
- News
- 24/7
- Calendar
- Q&A
- Chats
Trending
SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6944.46
6944.46
6944.46
6979.35
6937.94
+17.86
+ 0.26%
--
DJI
Dow Jones Industrial Average
49442.43
49442.43
49442.43
49581.18
49224.30
+292.81
+ 0.60%
--
IXIC
NASDAQ Composite Index
23530.01
23530.01
23530.01
23721.11
23502.18
+58.27
+ 0.25%
--
USDX
US Dollar Index
99.130
99.210
99.130
99.160
99.110
+0.010
+ 0.01%
--
EURUSD
Euro / US Dollar
1.16067
1.16074
1.16067
1.16099
1.16019
-0.00025
-0.02%
--
GBPUSD
Pound Sterling / US Dollar
1.33794
1.33804
1.33794
1.33835
1.33701
-0.00013
-0.01%
--
XAUUSD
Gold / US Dollar
4600.95
4601.40
4600.95
4620.79
4593.77
-15.00
-0.32%
--
WTI
Light Sweet Crude Oil
59.098
59.133
59.098
59.262
58.947
-0.036
-0.06%
--
- All
- Chatrooms
- Groups
- Friends
KingSot_06 🇸🇿 
Yayat Ruhiyat 
Yayat Ruhiyat
It's been almost TP several times but the market hasn't touched it yet
KingSot_06 🇸🇿
lol doesn't necessarily have to touch Tp,once you know you grateful for whatever you floating on..you get out.
Yayat Ruhiyat
KingSot_06 🇸🇿
Yayat Ruhiyat
NEWBIE 
Still bearish?
Yayat Ruhiyat
ifan afian
Technically, yes.. bearish has begun to be seen from several rejects.. but fundamentally No.. Big No.. because safe haven is on demand.. because geopolitical conflicts are not abating but are getting worse.. so my conclusion is.. this is just profit taking by institutions and smart money for further increases and buy dips.. that's my opinion. but again, everyone's opinion will be different, right? good luck everyone and.. good morning
OM9Y2RZP76 
Yayat Ruhiyat
ifan afian
Yayat Ruhiyat
Not to mention the 18 year cycle, Bang.
ifan afian
try to pay attention, in the past few days, long positions have been swept many times
Yayat Ruhiyat
ifan afian
If it were at TP, it might have been profitable.. but what can you do.. the market would take profit again while you were sleeping.. if you want to go long.. it's best to use proper break even.
ifan afian
so that it is not in vain
Arief Abid
ifan afian
- All
- Russia-Ukraine Conflict
- Middle East Flashpoint
Upward Revision to Keep Targeting Dynamic Resistance
Summary:
Crude oil appears to be gaining some support from the unwinding of long US dollar positions ahead of the FOMC decision. Buyers may regain the upper hand in the near term. There is still room for the market to rise before reaching overbought territory.
CLOSED
75.995
Entry Price
77.680
TP
73.800
SL
59.088 -0.046 -0.08%
128.8
Pips
Profit
73.800
SL
77.283
Exit Price
75.995
Entry Price
77.680
TP
Fundamentals
WTI crude oil fell below $76.00 per barrel on Friday, with a weekly decline of 1.9%. The weekly open interest report from ICE Futures Europe shows that for the week ending June 4, fund managers reduced their net long positions in Brent crude by 102,075 contracts to 45,678 contracts, the lowest level of net long positions since September 2014. CFTC data indicates that bullish sentiment for Brent and WTI crude oil hit a six-month low for the week ending June 4.
Crude oil appears to be gaining some support from the unwinding of long US dollar positions ahead of this week's FOMC decision. No actual policy changes are expected, but the statement will be accompanied by the latest dot plot projections, which could influence the outlook for borrowing costs.
Downgrades in economic growth and inflation expectations could reignite calls for rate cuts this year, potentially leading to a weaker dollar and higher prices for risk assets such as commodities. Conversely, upward revisions in expectations could reinforce a "higher for longer" view, translating into safe-haven flows that favor the dollar while dragging down crude oil prices.
Technical Analysis
WTI crude oil remains in correction mode and appears ready to continue its upward adjustment from current levels. The price seems to be targeting the 50% Fibonacci retracement level, which aligns with other pivot points.
Specifically, the Fibonacci level is near the minor psychological level of $76.50, the 200 SMA dynamic resistance, and the previous support area. If this level sufficiently caps the rally, crude oil may continue to decline to the swing low at $72.28 or lower.
The 100 SMA is below the 200 SMA, confirming that the path of least resistance is downwards, or that resistance levels are more likely to hold rather than be broken. The widening gap between the indicators reflects increased selling pressure.
However, the stochastic oscillator is pointing higher to show that buying interest might regain dominance in the short term. This oscillator has room to climb before reaching overbought territory.
On the other hand, the RSI is heading south so prices could follow suit as bearish pressure picks up. Some bearish divergence can be observed, as the oscillator makes lower highs while prices make higher highs.
Trading Recommendations
Trading Direction: Long
Entry Price: 75.50
Target Price: 77.68
Stop Loss: 73.80
Valid Until: 2024-06-26 23:55:00
Support: 74.98, 74.78, 74.36
Resistance: 75.94, 76.64, 77.32
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.
Copyright © 2026 FastBull Ltd
728 RM B 7/F GEE LOK IND BLDG NO 34 HUNG TO RD KWUN TONG KLN HONG KONG
Risk Disclosure
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Become a signal provider
Help Center
Dark Mode
Price Up/Down Colors
Log In
Sign Up