WTI Crude Faces Selling Pressure, Negative Outlook Maintained
WTI Crude Faces Selling Pressure, Negative Outlook Maintained
Support levels are seen at US$64 and US$60, while resistance is expected at US$72 and US$76.RHB Investment Bank Bhd (RHB Research) has maintained a negative outlook on WTI Crude, following a failure to extend its previous upside rebound. The commodity dropped by US$0.52 to close at US$68.87, after initially opening at US$69.55. It whipsawed between US$70.15 and US$68.75 before settling lower.RHB Investment Bank Bhd (RHB Research) has maintained a negative outlook on WTI Crude, following a failure to extend its previous upside rebound. The commodity dropped by US$0.52 to close at US$68.87, after initially opening at US$69.55. It whipsawed between US$70.15 and US$68.75 before settling lower.
RHb投资银行有限公司（RHb研究）对WTI原油的前景维持悲观态度，因为未能延续之前的上涨反弹。这种商品下跌了0.52美元，收于68.87美元，此前开盘价为69.55美元。在70.15美元和68.75美元之间波动后，最终收盘走低。
The formation of a fresh bearish candlestick with a long upper shadow signals that WTI Crude could not sustain its intraday gains, indicating increasing selling pressure. RHB Research noted that the technical setup remains negative, with the commodity trading below both the 50- and 200-day Simple Moving Average (SMA) lines. The RSI momentum indicator is also showing signs of declining, suggesting that negative momentum is gaining traction.
新形成的看淡k线伴随长上影线，表明WTI原油无法维持日内涨幅，显示出卖压增加。RHb Research指出，技术形态依然看淡，该商品的交易价格低于50日和200日简单移动平均线（SMA）。相对强度指数（RSI）动量指标也显示出下降迹象，表明负动量正在增强。
Given the bearish outlook, RHB Research expects WTI Crude to resume its downward movement following a period of consolidation. Traders are advised to maintain short positions initiated at the close of 15 October at US$70.58, with a stop-loss threshold set at US$76.
考虑到看淡的前景，RHb Research预计WTI原油将在整合期后恢复下行趋势。建议交易者保持在10月15日收盘时以70.58美元开空的头寸，止损点设定在76美元。
Support levels are seen at US$64 and US$60, while resistance is expected at US$72 and US$76.RHB Investment Bank Bhd (RHB Research) has maintained a negative outlook on WTI Crude, following a failure to extend its previous upside rebound. The commodity dropped by US$0.52 to close at US$68.87, after initially opening at US$69.55. It whipsawed between US$70.15 and US$68.75 before settling lower.
压力位分别位于64美元和60美元，而支撑位预期在72美元和76美元。RHb投资银行（RHb Research）对WTI原油保持看淡的前景，因为未能延续之前的上涨反弹。该商品下跌0.52美元，收于68.87美元，开盘价格为69.55美元。价格在70.15美元和68.75美元之间波动，最终收低。
The formation of a fresh bearish candlestick with a long upper shadow signals that WTI Crude could not sustain its intraday gains, indicating increasing selling pressure. RHB Research noted that the technical setup remains negative, with the commodity trading below both the 50- and 200-day Simple Moving Average (SMA) lines. The RSI momentum indicator is also showing signs of declining, suggesting that negative momentum is gaining traction.
新形成的看淡k线伴随长上影线，表明WTI原油无法维持日内涨幅，显示出卖压增加。RHb Research指出，技术形态依然看淡，该商品的交易价格低于50日和200日简单移动平均线（SMA）。相对强度指数（RSI）动量指标也显示出下降迹象，表明负动量正在增强。
Given the bearish outlook, RHB Research expects WTI Crude to resume its downward movement following a period of consolidation. Traders are advised to maintain short positions initiated at the close of 15 October at US$70.58, with a stop-loss threshold set at US$76.
考虑到看淡的前景，RHb Research预计WTI原油将在整合期后恢复下行趋势。建议交易者保持在10月15日收盘时以70.58美元开空的头寸，止损点设定在76美元。
Support levels are seen at US$64 and US$60, while resistance is expected at US$72 and US$76.
支持位分别为64美元和60美元，而支撑位预计在72美元和76美元。
