Today’s Market Calls of WTI Crude Oil Forecast

Somnath Das Independent Analyst

USEFUL MARKET DIRECTION | TRADING LEVELS:

URGENT PAIR WTI: UPTREND 1hr CHART

BUY WTI (CRUDE OIL): ENTRY: 54.87, TARGET: 55.67/57.47, SUPPORT: 54.40

This week WTI will be upside due to global tension if it cross $58 level then further stretch can happen. Recommendations is buying on every dip.

FXStreet Forex Interactive Chart:

ULTRA SPECIFIC CETERIS PARIBUS STRATEGY:

“Without strategy and execution, a great idea will remain just a good idea.”- Dom

By keeping in mind the daily target price constant trade frequently 3- 4 times a day. Maintain a free margin level approx 200%. With this trader can hold open positions up to 600 pips (approx) if opposite scenario happen. It is applied in a 1:10 leverage setting (Adjust Floating Leverage). Hold the open positions overnight in case of verified short term trend for maximum profit.

UNIQUE TRADING PROCESS:

The trading process is based on ZIGZAG Analysis and combining with ADX. First, predicting buy/sell any type (limit/stop) intraday. Second, identifying any type of hourly candlestick pattern formation, it is suggested to enter 1st position (buy/sell) at any level between the average of daily entry and sl price.

Third, try to book an initial quick profit to verify predictions validity. This process can be repeated twice or thrice in sidewise market. Also, distribution of positions by averaging method will be helpful. This way we can maximize intraday profit, provided that the daily market direction is verified and holds true.

Fourth, on the fundamental side, we will check the price action more during the news in the economic calendar on CPI (Consumer Price Index) data of EUROPE, UK, USA, JAPAN, CANADA, SWEDEN, and SWITZERLAND. Trade deficit data is important to follow for more volatility.

“Every correct Decision you make takes you one step closer to being Wealthy and Successful”- © Somnath Das, 2018-2019

Author

Somnath Das

Independent Analyst

Without strategy and execution, a great idea will remain just a good idea.

EUR/USD rises to 1.1800 neighborhood amid renewed USD selling and trade uncertainties

The EUR/USD pair regains positive traction during the Asian session on Wednesday and jumps to the 1.1800 neighborhood in the last hour, reversing the previous day's modest losses. The intraday move up is sponsored by the emergence of fresh US Dollar, which continues to be weighed down by persistent trade-related uncertainties.

GBP/USD remains stronger above 1.3500 following Trump’s State of the Union

GBP/USD remains in the positive territory for the fourth successive session, trading around 1.3510 during the Asian hours on Wednesday. The pair appreciates as the US Dollar remains subdued following US President Donald Trump’s first State of the Union address of his second administration before a joint session of Congress.

Gold stays firm above $5,150 as Trump's delivers State of the Union speech

Gold finds fresh demand and regains the $5,150 level following the previous day's pullback from the monthly peak as traders assess Trump's State of the Union address. Trade-related uncertainties and geopolitical risks seem to act as a tailwind for the safe-haven bullion.

Bitcoin, Ethereum and Ripple post cautious recovery amid downside risks

Bitcoin, Ethereum, and Ripple are posting a cautious recovery on Wednesday following a market correction earlier this week. BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.