WTIUSD

Oil futures are experiencing volatility as Trump's tariff plans are assessed. According to statements, Trump remains determined to impose a 25% tariff on Canada and Mexico, and new tariffs on China are being worked on. The key agenda item today is the Fed's monetary policy announcement.

Price movements may show a downward trend as long as they remain below the resistance levels of 74.00 – 74.50. In the event of a decline, target levels of 73.00 and 72.50 stand out. Conversely, if there is an upward movement, new decline potential may emerge as long as the resistance zone of 74.00 – 74.50 remains valid. Therefore, movements and hourly closes above the 74.50 level should be monitored; in that case, levels of 75.00 and 75.50 could come into play. Important Level: 74.00 – 74.50.