WTIUSD

WTIUSD started the week actively due to the tariff implementations introduced by Trump against Canada, Mexico, and China. While rises in oil futures were observed, it was reported that a lower tariff bracket would be applied to Canada's energy imports. These developments were among the significant factors affecting oil prices. Monitoring the course of European and U.S. stock markets during the day could also impact pricing. Trump's tariff implementations might push inflation upwards in the U.S., which could cause interest rates to remain higher for a longer period.

On the chart, WTIUSD is observed to be trading at the support levels of 73.00-73.50, and as long as it remains at these levels, an upward outlook is prominent. While the levels of 74.50 and 75.00 can be monitored as resistance, possible declines could bring 72.50 and 72.00 levels into focus. The RSI indicator exhibits a neutral trend around the 50 levels, with a daily increase of 0.26% recorded. This technical outlook suggests that prices may fluctuate within a certain range.