{
  "id": 16563349,
  "title": "WTI Price Forecast: Slides further below $100.50; bullish potential seems intact",
  "url": "https://urgent.news/2026/10/26/wti-price-forecast-slides-further-below-100-50-bullish-potential",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T04:59:38.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/wti-price-forecast-slides-further-below-10050-bullish-potential-seems-intact-202610260459"
  },
  "original_language": "en",
  "account": "West Texas Intermediate (WTI) crude oil prices continue to decline, falling beneath $100.50 during the Asian trading session. Despite a bearish opening, geopolitical tensions appear to be mitigating downside risks, with US President Donald Trump indicating a potential shift in Iran policy. Meanwhile, the technical outlook for WTI remains positive, with the asset demonstrating a bullish bias above the 50-period Simple Moving Average (SMA) and a mildly positive Moving Average Convergence Divergence (MACD) indicator. The Relative Strength Index (RSI) is near 55, suggesting continued upside momentum. Should the price retreat, support could be found at the $99.30 level, followed by the 50-period SMA and the 38.2% Fibonacci retracement at $96.84. Conversely, a break above the $103.29 Fibonacci anchor would enable a further extension of the bullish trend.",
  "summary": "West Texas Intermediate (WTI) – the benchmark US Crude Oil price – builds on the weekly bearish gap-down opening, retreating further from a five-month high touched on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}