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USOILWeeklyNeutral

WTI crude oil weekly analysis — 6 November 2026

FXFibo editorial · · 1 min read
Summary

A large bearish weekly candle took WTI from 103.8 to 90.8; price is now on 90.54 (0.382). Weekly bias: bearish.

BiasNeutralEntry zone—Stop loss—Target 1—Target 2—StatusActive
WTI crude oil weekly analysis — 6 November 2026

Main scenario

Main scenario: next targets at 83.72 and then 76.9–75.8.

Alternative scenario

The descending trend line from the recent high caps any bounce; the 95–97 zone is now resistance.

Key levels

Resistance: 95.2–96.9, 98.96, 102.84, 105.58 · Support: 90.54, 83.72, 76.91, 75.80

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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.