<\/a><\/p>\n\n\n\nWTI Crude Oil (USOIL) Daily<\/p>\n\n\n\n
Is crude oil ready to resume its slide?<\/p>\n\n\n\n
And more importantly, are gas prices about to ease up again?It looks like WTI crude oil found a roadblock near the 38.2% Fib on the daily chart, which might send it back down to the swing low at $76.60 per barrel.<\/p>\n\n\n\n
A higher pullback could still reach the\u00a050% Fib\u00a0near the major psychological mark at $100 per barrel. This is also in line with the dynamic resistance at the moving averages and a former support zone.<\/p>\n\n\n\n
Stochastic is in favor of a bearish move, as the oscillator is already making its way south from the overbought region and has plenty of room to head lower.<\/p>\n\n\n\n
Plus I\u2019m seeing a bearish\u00a0divergence, as the oscillator made higher highs while price had lower highs since late August.<\/p>\n\n\n\n
The moving averages also made a\u00a0downward crossover\u00a0to confirm that the path of least resistance is to the downside.<\/p>\n\n\n\n
Do you think we\u2019ll see lower oil prices soon?<\/p>\n","protected":false},"excerpt":{"rendered":"
Start your week right by taking a look at these long-term support and resistance levels! Are we about to see a bounce or a break off these inflection points on EUR\/JPY, WTI crude oil and Apple Inc shares? Better keep these setups on your radar: Apple Inc. (AAPL): Daily Apple Inc (AAPL) Daily Chart Got […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[386],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=10112"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=10112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=10112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=10112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a><\/p>\n\n\n\nApple Inc (AAPL) Daily Chart<\/p>\n\n\n\nGot your hands on the iPhone 14 yet?<\/p>\n\n\n\nMe neither!You might be better off putting that moolah in the company\u2019s shares, as AAPL is testing a long-term area of interest seen on its\u00a0daily time frame.<\/p>\n\n\n\nThe stock price is hanging out at the resistance-turned-support zone around $140, still deciding whether to make a bounce or a break.<\/p>\n\n\n\nStochastic\u00a0is hinting that the floor might still hold, as the oscillator has been hovering around the oversold region for a while. Bullish pressure could pick up as soon as it pulls higher, possibly taking AAPL back to nearby upside targets.<\/p>\n\n\n\nOn the other hand, the 100 SMA is below the 200 SMA to signal that support is more likely to break than to hold. In that case, Apple share prices could tumble down to the next\u00a0support\u00a0zone around $120 or lower.<\/p>\n\n\n\nEUR\/JPY: Daily<\/h2>\n\n\n\n<\/a><\/p>\n\n\n\nEUR\/JPY Daily Forex Chart<\/p>\n\n\n\nCheck out this\u00a0ascending triangle\u00a0pattern on the daily time frame of EUR\/JPY!<\/p>\n\n\n\nThe pair is testing the resistance once more, possibly attempting a bullish breakout this time. Moving averages are pointing to a likely rally since the\u00a0100 SMA\u00a0is above the 200 SMA.<\/p>\n\n\n\nIf you\u2019re hoping to catch a bullish ride, better wait for a\u00a0long green candle\u00a0to close above the triangle top around the 144.50 minor psychological mark.<\/p>\n\n\n\nJust be careful since Stochastic is closing in on the overbought region to reflect exhaustion among buyers.<\/p>\n\n\n\nHeading back down might mean that sellers are taking over and might drag EUR\/JPY back down to the triangle bottom near 141.00.<\/p>\n\n\n\nWTI Crude Oil (USOIL): Daily<\/h2>\n\n\n\n<\/a><\/p>\n\n\n\nWTI Crude Oil (USOIL) Daily<\/p>\n\n\n\nIs crude oil ready to resume its slide?<\/p>\n\n\n\nAnd more importantly, are gas prices about to ease up again?It looks like WTI crude oil found a roadblock near the 38.2% Fib on the daily chart, which might send it back down to the swing low at $76.60 per barrel.<\/p>\n\n\n\nA higher pullback could still reach the\u00a050% Fib\u00a0near the major psychological mark at $100 per barrel. This is also in line with the dynamic resistance at the moving averages and a former support zone.<\/p>\n\n\n\nStochastic is in favor of a bearish move, as the oscillator is already making its way south from the overbought region and has plenty of room to head lower.<\/p>\n\n\n\nPlus I\u2019m seeing a bearish\u00a0divergence, as the oscillator made higher highs while price had lower highs since late August.<\/p>\n\n\n\nThe moving averages also made a\u00a0downward crossover\u00a0to confirm that the path of least resistance is to the downside.<\/p>\n\n\n\nDo you think we\u2019ll see lower oil prices soon?<\/p>\n","protected":false},"excerpt":{"rendered":"Start your week right by taking a look at these long-term support and resistance levels! Are we about to see a bounce or a break off these inflection points on EUR\/JPY, WTI crude oil and Apple Inc shares? Better keep these setups on your radar: Apple Inc. (AAPL): Daily Apple Inc (AAPL) Daily Chart Got […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[386],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=10112"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=10112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=10112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=10112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/bpcdn.co\/images\/2022\/10\/16195308\/AAPL_2022-10-17_07-47-49.png\"){kind=link}
![<\/a><\/p>\n\n\n\nEUR\/JPY Daily Forex Chart<\/p>\n\n\n\nCheck out this\u00a0ascending triangle\u00a0pattern on the daily time frame of EUR\/JPY!<\/p>\n\n\n\nThe pair is testing the resistance once more, possibly attempting a bullish breakout this time. Moving averages are pointing to a likely rally since the\u00a0100 SMA\u00a0is above the 200 SMA.<\/p>\n\n\n\nIf you\u2019re hoping to catch a bullish ride, better wait for a\u00a0long green candle\u00a0to close above the triangle top around the 144.50 minor psychological mark.<\/p>\n\n\n\nJust be careful since Stochastic is closing in on the overbought region to reflect exhaustion among buyers.<\/p>\n\n\n\nHeading back down might mean that sellers are taking over and might drag EUR\/JPY back down to the triangle bottom near 141.00.<\/p>\n\n\n\nWTI Crude Oil (USOIL): Daily<\/h2>\n\n\n\n<\/a><\/p>\n\n\n\nWTI Crude Oil (USOIL) Daily<\/p>\n\n\n\nIs crude oil ready to resume its slide?<\/p>\n\n\n\nAnd more importantly, are gas prices about to ease up again?It looks like WTI crude oil found a roadblock near the 38.2% Fib on the daily chart, which might send it back down to the swing low at $76.60 per barrel.<\/p>\n\n\n\nA higher pullback could still reach the\u00a050% Fib\u00a0near the major psychological mark at $100 per barrel. This is also in line with the dynamic resistance at the moving averages and a former support zone.<\/p>\n\n\n\nStochastic is in favor of a bearish move, as the oscillator is already making its way south from the overbought region and has plenty of room to head lower.<\/p>\n\n\n\nPlus I\u2019m seeing a bearish\u00a0divergence, as the oscillator made higher highs while price had lower highs since late August.<\/p>\n\n\n\nThe moving averages also made a\u00a0downward crossover\u00a0to confirm that the path of least resistance is to the downside.<\/p>\n\n\n\nDo you think we\u2019ll see lower oil prices soon?<\/p>\n","protected":false},"excerpt":{"rendered":"Start your week right by taking a look at these long-term support and resistance levels! Are we about to see a bounce or a break off these inflection points on EUR\/JPY, WTI crude oil and Apple Inc shares? Better keep these setups on your radar: Apple Inc. (AAPL): Daily Apple Inc (AAPL) Daily Chart Got […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[386],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=10112"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=10112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=10112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=10112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/bpcdn.co\/images\/2022\/10\/16195839\/EURJPY_2022-10-17_07-40-21.png\"){kind=link}
![<\/a><\/p>\n\n\n\nWTI Crude Oil (USOIL) Daily<\/p>\n\n\n\nIs crude oil ready to resume its slide?<\/p>\n\n\n\nAnd more importantly, are gas prices about to ease up again?It looks like WTI crude oil found a roadblock near the 38.2% Fib on the daily chart, which might send it back down to the swing low at $76.60 per barrel.<\/p>\n\n\n\nA higher pullback could still reach the\u00a050% Fib\u00a0near the major psychological mark at $100 per barrel. This is also in line with the dynamic resistance at the moving averages and a former support zone.<\/p>\n\n\n\nStochastic is in favor of a bearish move, as the oscillator is already making its way south from the overbought region and has plenty of room to head lower.<\/p>\n\n\n\nPlus I\u2019m seeing a bearish\u00a0divergence, as the oscillator made higher highs while price had lower highs since late August.<\/p>\n\n\n\nThe moving averages also made a\u00a0downward crossover\u00a0to confirm that the path of least resistance is to the downside.<\/p>\n\n\n\nDo you think we\u2019ll see lower oil prices soon?<\/p>\n","protected":false},"excerpt":{"rendered":"Start your week right by taking a look at these long-term support and resistance levels! Are we about to see a bounce or a break off these inflection points on EUR\/JPY, WTI crude oil and Apple Inc shares? Better keep these setups on your radar: Apple Inc. (AAPL): Daily Apple Inc (AAPL) Daily Chart Got […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[386],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=10112"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10112\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=10112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=10112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=10112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/bpcdn.co\/images\/2022\/10\/16200321\/USOIL_2022-10-17_07-42-28.png\"){kind=link}