REDATOR Ben Graham Posted September 12, 2025 REDATOR Report Share Posted September 12, 2025 US tariffs are still influencing global trade quite largely despite having a less-intense headline impact on Markets. The latest pressure was put on Mexico which hiked tariffs on Chinese imports and particularly on auto imports. China recently expressed their discontent with the situation.WTI Oil prices saw a recent spike amid elevated tariff rhetoric and continuing geopolitical heat, particularly on countries who import cheap Russian oil.Washington is pushing G7 and EU nations to impose up to 100% tariffs on China and India for buying Russian oil, arguing those purchases keep Moscow’s war machine funded.Japan was among the latest movers to add pressuring policies on these importers in a strong diplomatic gesture.These measures keep affecting the oil market already priced for disruption. Supply worries, trade barriers, and risk premiums are showing up in spreads and futures curves. Let’s dig into the technicals to see if US Oil is finding a bottom or if the ripple effects have a longer way to run. Read More:ETH breaks out and SOL surges higher, keeping crypto markets tightAnother piece highlighting pressures on WTI: Weakness prevails below US$64.36/barrel as geopolitical risk premium fizzles outUS Oil multi-timeframe technical analysisWTI 4H chart WTI 4H Chart, September 12, 2025 – Source: TradingView Oil is still evolving in the $62 to $64 consolidation range mentioned in our previous WTI piece.The action did spike above the 4H MA 50 from the latest headlines, to reverse the bearish price action led by the consecutive (relatively low) PPI and CPI releases highlighting a small decrease in activity and demand.Higher supply from OPEC+ is now priced in, leaving the space for headline-based movement ahead.Levels to place on your WTI charts:Resistance Levels$64 50-period Moving Average and consolidation highsHigher timeframe pivot $66July mid-range $67 resistanceSupport LevelsMay range Support $63 to $64 (currently testing)Current consolidation lows $61.84 to $62$60.5 Low of May RangeWTI 1H Chart WTI 1H Chart, September 12, 2025 – Source: TradingView Diving into intraday charts, impulsive bull moves from the overnight session brings pressure to the upper bound of the range.Weekend risk and headlines will maintain probabilities of further upside trading as the past few weekends had brought some volatile swings in the commodity.Breaking above would point to a test of the $66 pivot zone, while failing to break will confirm a stronger consolidation.Safe Trades!Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2025 OANDA Business Information & Services Inc. Perfeito! Obrigado! Amei! Haha Confuso :/ Vixi! Wow! Gostei! × 💬 Gostou do conteúdo? Sua avaliação é muito importante! Gostei! Perfeito! Obrigado! Amei! Haha Confuso :/ Vixi! Wow! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.