WTI Crude Oil Weekly Forecast: Faith and Nervous Sentiment Tests Continue – 10 May 2026
Futures prices for WTI Crude Oil finished near the $91.480 mark going into this weekend, this after touching lows near the $87.000 mark on Wednesday.

Futures prices for WTI Crude Oil finished near the $91.480 mark going into this weekend, this after touching lows near the $87.000 mark on Wednesday.
Gold, Bitcoin, Nasdaq 100 and major FX pairs trade near key technical zones as markets react to rates and risk sentiment.
Another negative week for the US Dollar (USD) saw the US Dollar Index (DXY) add to the prior decline and challenge the area of multi-week troughs near 97.60, slipping further below its key 200-day Simple Moving Average (SMA).
The EUR/USD pair edged higher for a second consecutive week, flirting with the 1.1800 figure and settling nearby. Hopes for a deal between the United States (US) and Iran fluctuated throughout the week, but optimism prevailed despite the lack of progress.
Gold (XAU/USD) reversed its direction after a bearish start to the week and climbed above $4,700. Still, the persistent uncertainty surrounding the Middle East crisis limited the yellow metal’s upside.
The US dollar bounces from the key 156-yen level as geopolitical noise and BOJ intervention pressure ease, with a hot NFP print on Friday potentially driving a grind back toward 158 yen.