WTIUSD

Crude oil futures are generally showing a downward trend, although they are experiencing a limited recovery due to developments in the Middle East. The downfall process of the Assad regime in Syria and Saudi Arabia's reduction of sales prices to the Asian market support the weak demand outlook. The declines in Asian markets and the movement of US stock markets may be closely monitored during the day. These developments are causing oil prices to remain below the established resistance levels and increase downward pressure.

Technically, when examining the WTIUSD chart on an hourly time frame, it is observed that the price is moving below the 67.50 - 68.00 resistance zone. As long as this area is maintained, it is likely that the declines will continue. In downward movements, the levels of 67.00 and 66.50 can be monitored as support. The RSI indicator is at the 40 level and shows a negative outlook, indicating that the downward pressure continues. There was a 0.96% decrease compared to the previous day. In upward movements, the resistance levels of 68.50 and 69.00 may become relevant, but it will be important for the price to close above 68.00 to surpass these levels.