WTIUSD

WTIUSD is showing an uncertain trend during a period when Trump's persistent stance on tariffs for Canada and Mexico and the evaluation of new tariffs on China are taking place. Markets are focused on the Fed's monetary policy statement. The expectation that the Fed will adopt a tighter stance due to inflation and Trump's policies could cause fluctuations in oil prices. Additionally, the dynamics in global markets and the economic condition of the US are among the factors affecting oil prices.

Technically speaking, WTI prices are trading at the level of 73.255, showing a 0.2% decrease compared to the previous day. The price movements are positioned near the 73-dollar support level on the chart, with 72.5 and 72 dollars being other support levels to watch below this level. In upward movements, the 74 and 74.5-dollar range forms a resistance. The RSI indicator displays a neutral outlook, giving an uncertain signal regarding the direction of the prices. The general outlook indicates that as long as it remains below the 74-74.5 resistance zone, the downside risks may continue.