Oil price forecast today WTI trend and signals 2025 By Francesco Massetti Posted on 21 March 2025 Condividi su Facebook Condividi su Twitter Condiviso su Google+ Condiviso su Pinterest Condiviso su Linkedin Condiviso su Tumblr oil price forecast 2025 Oil price forecast today Oil price today forecasts technical analysis and trading signals in the short and long term through the time cycles of American economist WD Gann. Oil chart last 2 years with weekly technical chart Weekly WTI Oil Predictions Today From 24 March 2023 until 17 January 2025 we witnessed the formation of a sideways band, which had as its underside the $65-67 area, and as its highs the area of the descending 1X8 corner drawn in blue in the picture above. The last bullish movement within the sideways trend ended during the weekly set-up on 17 January. With the negative break of the low of the candle related to the 17 January signal, oil prices restarted a new corrective trend. Despite the fact that the various dynamic supports attempted to curb the descent of the quotations, the weekly oil price always broke downward from the subsequent lows, gradually generating an increasingly robust downtrend. The latest weekly set-up coincides with the weeks of 21-28 March 2025. The bullish break of 70.85$ will indicate the birth of a short pull-back: resistances in the area 68.65; 70.80-72$. While a continuation below $65 will confirm the current negativity with first targets in the area of $63. WTI medium-term trend WTI monthly In the medium-term trend of WTI oil, the 1X4 and 1X8 descending resistance angle that determined the tops of the sideways phase is clearly visible. Namely September 2023, April 2024 and January 2025. January 2025 coincided with an important monthly set up and the bearish violation of the January low at $71.50 determined the start of a new bearish phase. Last monthly signal March 2025. First targets are in the $59.50 area. Only a return above $75.50 will indicate a first partial recovery of the WTI: resistances in the $72.30 area. Quarterly Oil Technical Analysis WTI quarterly The long-term trend is sideways negative. However, the return of $65 will confirm a stronger downward trend in oil, with first targets in the $54.80 area. The short- and long-term technical picture of WTI oil was described using the WD. Gann technique and with the use of the Top Trader(c) stock exchange software.
