Market Sentiments

Crude Oil-XTIUSD
  • COUNTRIES:
  • PAIRS THAT CORRELATE:
  • 2022 HIGHS & LOWS:
  • PAIR TYPE:
  • DAILY AVERAGE MOVEMENT IN PIPS:
ONE-YEAR CHART:

Table of Contents

Introduction to XTIUSD

XTIUSD is a trading pair that represents the value of crude oil (WTI) against the US dollar. This means that traders can speculate on the price movements of crude oil without actually owning the commodity.

History of XTIUSD

The XTIUSD trading pair was launched in response to growing demand from traders who wanted to trade crude oil without having to take delivery of the physical commodity. It has since become one of the most popular trading pairs in the world.

Features of XTIUSD

The XTIUSD trading pair offers a number of features that make it attractive to traders:

  • Liquidity: XTIUSD is one of the most liquid trading pairs, with high trading volumes and tight spreads.
  • High volatility: Crude oil prices are notoriously volatile, which makes XTIUSD an attractive option for traders looking to profit from price movements.
  • Low barriers to entry: Traders can open an XTIUSD trading account with relatively low capital, making it accessible to a wide range of investors.

Trading XTIUSD

Traders can trade XTIUSD using a variety of trading strategies, including:

  • Speculation: Traders can speculate on the price movements of crude oil by buying and selling XTIUSD.
  • Hedging: Investors who have exposure to the oil industry can use XTIUSD to hedge against price movements.
  • Arbitrage: Traders can take advantage of price discrepancies between different markets or exchanges to make a profit.

Benefits of XTIUSD

The benefits of trading XTIUSD include:

  • Diversification: XTIUSD provides investors with exposure to the oil market and can help diversify their portfolio.
  • Profit potential: The high volatility of crude oil prices means that there is potential for significant profits when trading XTIUSD.
  • Liquidity: The high trading volumes and tight spreads of XTIUSD ensure that traders can enter and exit positions quickly and at fair prices.

Risks of XTIUSD

While XTIUSD offers many benefits, there are also risks associated with trading this pair:

  • Volatility: The high volatility of crude oil prices means that XTIUSD can be a highly risky trading instrument.
  • Leverage: Most XTIUSD trading accounts offer leverage, which magnifies both profits and losses.
  • Market risk: Like all financial instruments, XTIUSD is subject to market risk, which can be exacerbated by geopolitical events or other factors outside of an investor’s control.

EUR

ADDITIONAL INFO

  • COUNTRY:

  • CENTRAL BANK:

  • NICKNAME:

  • %OF AVERAGE DAILY TURNOVER:

USD

ADDITIONAL INFO

  • COUNTRY:

  • CENTRAL BANK:

  • NICKNAME:

  • %OF AVERAGE DAILY TURNOVER:

Fundamental Summary

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Long

Strength

WTIUSD

0.00000

Long

Strength

WTIUSD

0.00000

Long

Strength

  • WTIUSD

    Minute5

    short

    Resistance5 85.53600
    Resistance4 84.96500
    Resistance3 84.62700
    Resistance2 84.43600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:50
  • WTIUSD

    Minute15

    short

    Resistance5 87.97800
    Resistance4 86.01400
    Resistance3 85.53600
    Resistance2 84.43600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:17
  • WTIUSD

    Minute30

    short

    Resistance5 87.97800
    Resistance4 86.01600
    Resistance3 85.53600
    Resistance2 84.43600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:51
  • WTIUSD

    Hour1

    short

    Resistance5 92.10000
    Resistance4 90.87000
    Resistance3 89.60800
    Resistance2 85.53600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:53
  • WTIUSD

    Hour4

    short

    Resistance3 93.96300
    Resistance2 89.60800
    Resistance1 85.53600
    Quote Price 0.00000
    Support1 80.50000
    Support2 77.51500
    Support3 74.48200
    Next Trade
    2023-10-31 16:00:56
  • WTIUSD

    Daily

    long

    Resistance3 97.24500
    Resistance2 93.96300
    Resistance1 89.60800
    Quote Price 0.00000
    Support1 80.50000
    Support2 77.51500
    Support3 66.93800
    Next Trade
    2023-10-31 16:00:58
  • WTIUSD

    Weekly

    long

    Resistance4 7.89000
    Resistance3 33.81600
    Resistance2 61.71700
    Resistance1 62.31300
    Quote Price 0.00000
    Support1 93.96300
    Support2 126.37000
    Next Trade
    2023-10-29 16:01:29
  • WTIUSD

    Monthly

    long

    Resistance2 7.89000
    Resistance1 63.95900
    Quote Price 0.00000
    Support1 93.96300
    Support2 126.37000
    Support3 147.27000
    Next Trade
    2023-10-31 16:01:00
    Coming soon!!

Technical Summary

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Short

Strength

WTIUSD

0.00000

Long

Strength

WTIUSD

0.00000

Long

Strength

WTIUSD

0.00000

Long

Strength

  • WTIUSD

    Minute5

    short

    Resistance5 85.53600
    Resistance4 84.96500
    Resistance3 84.62700
    Resistance2 84.43600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:50
  • WTIUSD

    Minute15

    short

    Resistance5 87.97800
    Resistance4 86.01400
    Resistance3 85.53600
    Resistance2 84.43600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:17
  • WTIUSD

    Minute30

    short

    Resistance5 87.97800
    Resistance4 86.01600
    Resistance3 85.53600
    Resistance2 84.43600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:51
  • WTIUSD

    Hour1

    short

    Resistance5 92.10000
    Resistance4 90.87000
    Resistance3 89.60800
    Resistance2 85.53600
    Resistance1 83.06700
    Quote Price 0.00000
    Support1 80.50000
    Next Trade
    2023-10-31 16:00:53
  • WTIUSD

    Hour4

    short

    Resistance3 93.96300
    Resistance2 89.60800
    Resistance1 85.53600
    Quote Price 0.00000
    Support1 80.50000
    Support2 77.51500
    Support3 74.48200
    Next Trade
    2023-10-31 16:00:56
  • WTIUSD

    Daily

    long

    Resistance3 97.24500
    Resistance2 93.96300
    Resistance1 89.60800
    Quote Price 0.00000
    Support1 80.50000
    Support2 77.51500
    Support3 66.93800
    Next Trade
    2023-10-31 16:00:58
  • WTIUSD

    Weekly

    long

    Resistance4 7.89000
    Resistance3 33.81600
    Resistance2 61.71700
    Resistance1 62.31300
    Quote Price 0.00000
    Support1 93.96300
    Support2 126.37000
    Next Trade
    2023-10-29 16:01:29
  • WTIUSD

    Monthly

    long

    Resistance2 7.89000
    Resistance1 63.95900
    Quote Price 0.00000
    Support1 93.96300
    Support2 126.37000
    Support3 147.27000
    Next Trade
    2023-10-31 16:01:00

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