Chart Alert: WTI Crude Oil Whipsawed Above 20-day MA Ahead of Trump’s Speech and US-Iran Ceasefire Hopes

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Key takeaways Volatility driven by ceasefire uncertainty: WTI crude surged above $102.25 to as high as $116 before reversing sharply, with an intraday whipsaw driven by conflicting signals around a potential US–Iran ceasefire and Trump’s rhetoric. Ceasefire expectations skewed to June: Prediction market assigns low odds of a ceasefire by end-April (~22.5%) but sees a […]The post Chart Alert: WTI Crude Oil Whipsawed Above 20-day MA Ahead of Trump’s Speech and US-Iran Ceasefire Hopes appeared first on ActionForex.