XTIUSD (WTIUSD) DAILY OUTLOOK: Momentum shift

GVI · July 21, 2026
General

With down momentum broken following the move above 78.84 (on this CFD chart), battle is on for 85.00, above which is needed to give it psychological boost as there is a void of key resistance above it (high 85.66).

Key an eye on correlations as so far only the USD has reacted with US stocks, GOLD, and BITCOIN so far ignoring.

(AT daily chart)

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