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投資銀行有限公司（RHb研究）對WTI原油的前景維持悲觀態度，因爲未能延續之前的上漲反彈。這種商品下跌了0.52美元，收於68.87美元，此前開盤價爲69.55美元。在70.15美元和68.75美元之間波動後，最終收盤走低。
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線伴隨長上影線，表明WTI原油無法維持日內漲幅，顯示出賣壓增加。RHb Research指出，技術形態依然看淡，該商品的交易價格低於50日和200日簡單移動平均線（SMA）。相對強度指數（RSI）動量指標也顯示出下降跡象，表明負動量正在增強。
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.
考慮到看淡的前景，RHb Research預計WTI原油將在整合期後恢復下行趨勢。建議交易者保持在10月15日收盤時以70.58美元開空的頭寸，止損點設定在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.
壓力位分別位於64美元和60美元，而支撐位預期在72美元和76美元。RHb投資銀行（RHb Research）對WTI原油保持看淡的前景，因爲未能延續之前的上漲反彈。該商品下跌0.52美元，收於68.87美元，開盤價格爲69.55美元。價格在70.15美元和68.75美元之間波動，最終收低。
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線伴隨長上影線，表明WTI原油無法維持日內漲幅，顯示出賣壓增加。RHb Research指出，技術形態依然看淡，該商品的交易價格低於50日和200日簡單移動平均線（SMA）。相對強度指數（RSI）動量指標也顯示出下降跡象，表明負動量正在增強。
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.
考慮到看淡的前景，RHb Research預計WTI原油將在整合期後恢復下行趨勢。建議交易者保持在10月15日收盤時以70.58美元開空的頭寸，止損點設定在76美元。
Support levels are seen at US$64 and US$60, while resistance is expected at US$72 and US$76.
支持位分別爲64美元和60美元，而支撐位預計在72美元和76美元。
