WTIUSD

Trump's pressure on the Fed for interest rate cuts and the White House's statements towards Powell may create uncertainty regarding economic growth expectations. Israel's renewed attacks on Gaza could increase geopolitical risks in the Middle East, providing support for oil prices. Technically, levels of 73.546, 71.997, and 70.449 stand out as main resistances in WTIUSD, while the pivot level is set at 67.352. Levels of 65.039, 64.255, and 62.706 are important support areas to watch below. The crude oil inventory data to be announced tomorrow will be decisive for short-term price movements.