Latest Update
8/23/2026 2:09:00 PM

WTI Oil: Weekly Golden Cross Eyes $93.50 Test

WTI Oil: Weekly Golden Cross Eyes $93.50 Test

WTI crude oil forms weekly golden cross while Solana token breaks trendline above Ichimoku cloud targeting $4,891 as Nikkei enters bull territory.

Source

Analysis

WTI crude oil posted a weekly golden cross with daily trendline breakout and Ichimoku cloud approach, opening a path to $93.50 and the $110-$120 zone; the Solana token at solana:GoLDppdjB1vDTPSGxyMJFqdnj134yH6Prg9eqsGDiw6A also cleared its daily trendline and cloud with long-term MACD bullish and price above the 200-day SMA, shifting focus to the April high of $4,891; Japan's Nikkei crossed into bull territory above its Ichimoku cloud while USDJPY holds the lower bound of its ascending channel.


Omkar Godbole, MMS Finance, CMT

@godbole17

Staff of MMS Finance.