today
Found oil price floor strong at 91.45 was able to protect our recent positive expectations , which pushed it,s price up again to settle around 93.00
so the upward trend likely will remain
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today
Found oil price floor strong at 91.45 was able to protect our recent positive expectations , which pushed it,s price up again to settle around 93.00
so the upward trend likely will remain
Today(8-1-13 ) pivot point are-
Resistance 3- 94.48
Resistance 2- 93.90
Resistance 1- 93.59
Pivot point- 93.01
Support 1- 92.70
Support 2- 92.12
Support 3- 91.81
long positions at 92.50 with 92.90 and 93.40 as next targerts
the breakout of 92.20 will call fro arebound towards 91.60
The price of oil maintained its stability above 93.00 boosted by expectations of the general bullish trend , which depends on the stability of trading trading above 91.45 are still waiting for contact with the first goal at 94.70 , break would open the way
Oil was able to break through the upper boundary of the channel, the price is also managed to strengthen horizontal mark above 92.70 which opened a large and virtually unimpeded path further north, now the price of trying to overcome the current local maximum (93.80 Resistance) - the breach and will be a signal to buy.
Oil just came close to the level of medium-sloping trend line from which happened several times already renewed the main northern trneda on a daily chart shows a rising number of lower formation fractal signal + 3 lines alligator - trend continuation signal for 4 hour chart.
Today(9-1-13 ) pivot point are-
Resistance 3- 94.86
Resistance 2- 94.32
Resistance 1- 93.74
Pivot point- 93.20
Support 1- 92.62
Support 2- 92.08
Support 3- 91.50
Essential oil happening 98, i really hope it'll improve as well as going to change with regard to 100, trhen 105 also it going to contact 100 within arriving times however following a few modification, nothing like skyrocket.
Trading oil of oil remained stable above 93.00 and finds a strong support base price there , which adds further strengthening our expectations uptrend which is also supported by the SMA 50
Forextrading mein oil kafi acha thread hai ye bohat dinoo sey strong chal raha hai lekn kuch
dinoo sey ye be low reh raha hai eis k wajah kuch b ho sakti hai lekn market mein eis waqt
down he chal raha hai