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Neom Financial Academy

USOIL Daily Analysis Based on Main Key Levels – 28 April 2025

  • Neom
  • Apr 28
  • 1 min read

Daily Current Market Price (DCMP): 63.48 💹


  • Swing High (Daily/4H): 72.77 | Swing Low (Daily/4H): 61.55


Critical Price Zones


Above DCMP (Resistance)


  • R1: 63.71 🚩 | R2: 64.29 🚩 | R3: 64.43 🚩


Below DCMP (Support)


  • S1: 62.19 🛡️ | S2: 61.83 🛡️ | S3: 61.25 🛡️


Technical Landscape


  • Fibonacci Confluence: Strong support cluster at 61.55–62.19 (50% retracement zone from recent swing low).

  • RSI (14): Neutral at 52.1, with bullish momentum building on 4H chart.

  • MACD: Bullish crossover confirmed, signaling potential upward acceleration.


Here’s the mind map for the current analysis on USOIL. If you need any changes or additional information, feel free to ask!

Intraday Trade Setups


Buy Opportunity 🟢


  • Entry: 63.17 (weekly pivot support)

  • Stop Loss: 61.92 🔴

  • Take Profit 1: 64.29 🟡

  • Take Profit 2: 64.43 💹


Rationale: Price rebounds from Fib-aligned support with bullish MACD alignment. Upside targets align with key resistance zones.


Sell Opportunity 🔴


  • Entry: 64.43 (weekly pivot resistance)

  • Stop Loss: 66.46 🔴

  • Take Profit 1: 63.71 🟡

  • Take Profit 2: 62.77 🛡️


Rationale: Rejection at swing high resistance coincides with overextended price action. Downside targets align with Fib support cluster.


Market Outlook


USOIL consolidates near 63.48 with three decisive scenarios:


  1. Bullish Breakout: Close above 64.43 (R3) opens path to 65.20 resistance.

  2. Bearish Reversal: Breakdown below 61.25 (S3) risks test of 59.89 support.

  3. Range Continuation: Oscillation between 62.19–63.71 likely amid inventory data uncertainty.


⚡ Key Catalyst: EIA crude oil inventories data at 14:30 UTC may drive volatility – monitor volume spikes.

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