Elliott Wave Analysis of Crude Oil – June 16th, 2025
Crude oil spiked last week on fears that Israel's strikes against military targets in Iran would ignite an all-out war in the Middle East....
Crude oil spiked last week on fears that Israel's strikes against military targets in Iran would ignite an all-out war in the Middle East....
Crude oil spiked last week on fears that Israel's strikes against military targets in Iran would ignite an all-out...
WTI crude oil exceeded $66 a barrel yesterday, but the bulls have yet to decisively breach that resistance level. Are the odds in their...
WTI crude oil exceeded $66 a barrel yesterday, but the bulls have yet to decisively breach that resistance level....
WTI crude oil rose more than 6% last week on trade deal hopes and strong jobs data. In today's Elliott Wave analysis we discuss...
WTI crude oil rose more than 6% last week on trade deal hopes and strong jobs data. In today's...
Crude oil is up this week as traders gave priority to Ukraine's strikes deep into Russia over OPEC's July production increase. The price continues...
Crude oil is up this week as traders gave priority to Ukraine's strikes deep into Russia over OPEC's July...
Crude oil fell last week on expectations that OPEC+ would vote to boost July production beyond previous forecasts. Sell the rumor, buy the news?...
Crude oil fell last week on expectations that OPEC+ would vote to boost July production beyond previous forecasts. Sell...
It's been a calm week for crude oil as Trump says the Iran nuclear talks are showing "real progress." Could this be the calm...
It's been a calm week for crude oil as Trump says the Iran nuclear talks are showing "real progress."...
WTI crude oil rose above $64, then barely held above $60 a barrel last week, before closing near $61.70 for the weekend. In today's...
WTI crude oil rose above $64, then barely held above $60 a barrel last week, before closing near $61.70...
WTI crude oil is up for the third week in a row, but how much further can the price rise, before bumping into resistance?...
WTI crude oil is up for the third week in a row, but how much further can the price...
Crude oil rose for the second straight week on hopes that the US economy would manage to avoid recession in the face of tariffs....
Crude oil rose for the second straight week on hopes that the US economy would manage to avoid recession...
WTI crude oil is up again this week on hopes that the US-China tariffs reduction could help the economy narrowly avoid a recession. Is...
WTI crude oil is up again this week on hopes that the US-China tariffs reduction could help the economy...
The price of crude oil rose on US-China trade deal hopes despite OPEC's decision to increase production. Can the bulls be relied on and...
The price of crude oil rose on US-China trade deal hopes despite OPEC's decision to increase production. Can the...
WTI crude oil has entirely recovered from this week's initial fall following OPEC's production increase decision. This rally might seem illogical, but it makes...
WTI crude oil has entirely recovered from this week's initial fall following OPEC's production increase decision. This rally might...
In this analysis we examine the weekly, daily and 4h charts of WTI crude oil to determine what to expect in May after the...
In this analysis we examine the weekly, daily and 4h charts of WTI crude oil to determine what to...
WTI crude oil is down 6% this week as traders brace for the economic fallout from Trump's tariffs. Here is how this slide fits...
WTI crude oil is down 6% this week as traders brace for the economic fallout from Trump's tariffs. Here...
WTI crude oil dipped on oversupply fears last week as the US-China trade war threatens to slow down the global economy. Can the bulls...
WTI crude oil dipped on oversupply fears last week as the US-China trade war threatens to slow down the...
The price of WTI crude oil is trying to build on its recovery from just above $55 a barrel on hopes of a trade...
The price of WTI crude oil is trying to build on its recovery from just above $55 a barrel...
WTI crude oil is up by almost 17% from this month's low near $55 a barrel as the US tightens its sanctions grip on...
WTI crude oil is up by almost 17% from this month's low near $55 a barrel as the US...
WTI crude oil is showing signs of weakness again as the bulls' hopes rest in the support near $60. Is it a reliable one,...
WTI crude oil is showing signs of weakness again as the bulls' hopes rest in the support near $60....
Despite the recovery in the second half of last week, WTI crude oil is still down 14% in April as Trump's trade war threatens...
Despite the recovery in the second half of last week, WTI crude oil is still down 14% in April...
Elliott Wave analysis had been warning us about a crude oil drop below $60 ever since it was in the mid-$80s. With the price...
Elliott Wave analysis had been warning us about a crude oil drop below $60 ever since it was in...
The stock market wasn’t the only place that took a hit following Trump’s global tariffs announcement. Trade barriers of any kind are known to...
The stock market wasn’t the only place that took a hit following Trump’s global tariffs announcement. Trade barriers of...
WTI crude oil fell to lows last seen in 2021 after Trump's tariffs threatened to drag the global economy into recession. Is the support...
WTI crude oil fell to lows last seen in 2021 after Trump's tariffs threatened to drag the global economy...
In today's Elliott Wave update of crude oil we discuss the clear trading setup, which has emerged on the hourly chart.
In today's Elliott Wave update of crude oil we discuss the clear trading setup, which has emerged on the...
Friday's drop didn't prevent WTI crude oil from making its third straight weekly gain. In today's Elliott Wave analysis we discuss if the winning...
Friday's drop didn't prevent WTI crude oil from making its third straight weekly gain. In today's Elliott Wave analysis...
In today's Elliott Wave update we discuss if the recent gains can last as WTI crude oil is trading in the green for the...
In today's Elliott Wave update we discuss if the recent gains can last as WTI crude oil is trading...
WTI crude oil gained more than a dollar a barrel last week following new military strikes in the Middle East. How much further can...
WTI crude oil gained more than a dollar a barrel last week following new military strikes in the Middle...
Crude oil's gains following Trump's retaliation against the Houthis and Israel's new attack in Gaza quickly evaporated. In today's update we put the recent...
Crude oil's gains following Trump's retaliation against the Houthis and Israel's new attack in Gaza quickly evaporated. In today's...
Neither bulls nor bears achieved much in WTI crude oil last week as the price remains stuck in the $67-$65 support area. Should we...
Neither bulls nor bears achieved much in WTI crude oil last week as the price remains stuck in the...
WTI crude oil bears are on the front foot for the 8th straight week, but they have yet to breach the support near $65...
WTI crude oil bears are on the front foot for the 8th straight week, but they have yet to...
WTI crude oil's seventh straight week in the red saw the price tumbling 4.2% as the US economy shows signs of weakness. Can the...
WTI crude oil's seventh straight week in the red saw the price tumbling 4.2% as the US economy shows...