Crude Oil (WTI)

Key insight

92.59 sits in a 90–95 compression zone — a clean break above the 50-day MA near 95.00 opens 98.50, while a close below 90.00 targets the 200-day MA at 86.40 and resets the trend.

92.59 holds above the 90.00 psychological floor but stalls below the 95.00 resistance; tight range compression on light Monday volume signals indecision ahead of the next supply catalyst.

Main risk

USD Strength / Fed Policy Overhang

EUR/USD -0.4% to 1.1153 and USD/JPY at 158.6 tighten dollar liquidity; a stronger USD compresses WTI by raising import cost for non-USD buyers.