Trump: Iran Very Close to Deal, Strait of Hormuz to Reopen
📊 BRENT — Piyasa Yorumu
▼ down · 65%The news suggests an Iran deal is imminent and the Strait of Hormuz will reopen, creating a positive supply expectation. This could exert downward pressure on oil prices. Technically, while the RSI is neutral at 57, the MACD remains below the signal line and momentum is weakening. Although the price is above the SMA20 and SMA50, the anticipated increase in supply from the news may amplify selling pressure in the short term. Therefore, I expect a bearish trend in the near term.
📊 WTI — Piyasa Yorumu
▼ down · 65%The news signals a positive development regarding an agreement with Iran and the reopening of the Strait of Hormuz. This could reduce supply concerns and exert downward pressure on oil prices. Technically, the RSI is at 60 and the MACD is below the signal line, indicating potential short-term weakness. Although the price remains above the 20-day SMA, the impact of the news may lead to a test of these levels. A short-term bearish trend is expected.
📊 XOM — Piyasa Yorumu
▲ up · 65%The news is positive for the energy sector amid expectations of reduced geopolitical risks and increased oil supply. XOM shares have risen 4.66% in the last 24 hours, with an RSI of 58.9, not approaching overbought territory. The MACD is above the signal line, and upward momentum continues. The price is trading above the 20- and 50-day moving averages, supporting a short-term bullish trend. However, it should be noted that the news may be partially priced in, and a potential decline in oil prices could limit the stock's upside.
📊 CVX — Piyasa Yorumu
▲ up · 65%The news highlights expectations of a deal with Iran and the reopening of the Strait of Hormuz. This could alleviate concerns about oil supply, potentially putting downward pressure on oil prices. While falling oil prices may be negative for oil companies like Chevron in the short term, reduced geopolitical risks and normalized trade could support the stock. Technically, the RSI is around 60 and the MACD is above the signal line, indicating short-term upside potential. Additionally, the price being above the 20- and 50-day moving averages is a positive signal.