WTIUSD

The WTIUSD pair remains under downward pressure due to the increase in U.S. inventories and the Trump effect. The developments in global markets, particularly the course of the U.S. and European stock exchanges, can be decisive in oil pricing. Limited optimism in Asian markets and the Federal Reserve's statements regarding interest rate policy may cause short-term fluctuations in the markets. During this process, as long as oil prices generally stay below the 73.00 – 73.50 resistance levels, the downward pressure is expected to continue.

From a technical perspective, the WTIUSD pair may pull back towards the 72.00 and 71.50 support levels on the daily chart. In upward movements, the 73.00 and 73.50 resistance levels are critically important. It is observed that the price is around 72.295 and has decreased by 0.29%. The RSI indicator has a neutral appearance, indicating no clear trend yet. As long as the price does not close above the 73.50 level, potential upward movements appear limited.