{"id":433520,"date":"2026-07-10T23:09:05","date_gmt":"2026-07-10T16:09:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-is-trading-lower-and-back-below-its-100-hour-moving-average-at-71-65-433520\/"},"modified":"2026-07-10T23:09:05","modified_gmt":"2026-07-10T16:09:05","slug":"crude-oil-is-trading-lower-and-back-below-its-100-hour-moving-average-at-71-65","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-is-trading-lower-and-back-below-its-100-hour-moving-average-at-71-65-433520\/","title":{"rendered":"Crude oil is trading lower and back below its 100 hour moving average at $71.65"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p class=\"PDq2pG_selectionAnchorContainer\">Crude oil has fallen to new session lows despite escalating tensions in the Middle East. Earlier today, President Trump posted on Truth Social that the cease-fire was &#8220;over,&#8221; briefly sending prices to the session high of $73.16. However, that geopolitical premium quickly faded as sellers regained control.<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>The decline has now pushed crude back below its 100-hour moving average at $71.65, reducing the near-term bullish bias. What has not happened, however, is a break below the 200-hour moving average at $70.31. That level remains the next key downside target. A sustained move below it would give sellers firmer control of both the short- and intermediate-term technical picture. The session low has reached $70.77, leaving the 200-hour moving average within striking distance.<\/p>\n<p>Looking back, crude turned more constructive on Tuesday when it climbed above both the 100- and 200-hour moving averages, shifting the short-term bias to the upside. That rally took the price above the 200 day MA at $74.14, but ultimately stalled near $76.00, just ahead of the next key resistance zone between $77.10 and $78.97. Since then, buyers initially defended the 100-hour moving average on multiple occasions\u2014yesterday and again earlier today\u2014but the latest break below that level over the last hour or so suggests their bullish grip is weakening.<\/p>\n<p>For now, the market is caught between the 100-hour and 200-hour moving averages, leaving the short-term technical outlook neutral. A break below the 200-hour moving average ($70.32) would shift the bias back in favor of the sellers, opening the door toward this week&#8217;s low at $67.89, followed by last week&#8217;s cycle low at $67.04.<\/p>\n<p>On the topside, buyers first need to reclaim the 100-hour moving average, now near $71.68. Doing so would target today&#8217;s high at $73.16, with the 200-day moving average at $74.14 becoming the next major upside hurdle.<\/p>\n<\/p>\n<p>                            This article was written by fl932d6e52a19643278e0f123bca7198f5 at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil has fallen to new session lows despite escalating tensions in the Middle East. Earlier today, President Trump posted on Truth Social that the cease-fire was &#8220;over,&#8221; briefly sending prices to&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433520","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433520"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433520\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}