


"Brent crude’s put skews reached the most bearish since early June." https://t.co/0p6URAXQTm #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/P4XuDnfwzE
$CL_F $CRUDE -- Linear Regression 4 > 1 = Bully Bully 76.46 = JATS Mean + 1 Day 3 (1 Period) Support... to keep the bull alive... @NinjaTrader https://t.co/BxB5FTv4aP https://t.co/fF0JIf9dKp
WTI Wednesday close of $77.59 was -$4.46 less than lower Bollinger limit WTI is not oversold as it was in early June #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/y8fFrKqMot

Technical analysis of the Australian dollar (AUDUSD) and crude oil markets indicates critical support zones. The AUDUSD is currently at a key support level, while crude oil is also facing significant support. Analysts note that West Texas Intermediate (WTI) crude oil closed at $77.59, which is $4.46 below the lower Bollinger limit, suggesting it is not oversold compared to earlier in June. A trader highlighted that WTI could see further declines if it breaks below $77, potentially reaching $76.40 and $75.70. Conversely, a rise above $78.15 could lead to prices of $78.40, $79.50, and beyond. Additionally, Brent crude has shown the most bearish put skews since early June, indicating a negative sentiment in the market.