Oil

Forex Forecast with price level
Crude Oil WTI - pair in focus.
Current Price - 56.39
main support level - 56.30
main resistance level - 56.51
Pair likely to be in Sell today.

Today Oil market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 15.22% trade in sell position
according indiactor zigzag 55% parabolic 58.33% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit

Pivot Point 56.35


1 Resistance 56.91
2 Resistance 57.26
3 Resistance 57.82

1 Support 55.79
2 Support 55.44
3 Support 54.88

Oil

Resistance level
Resistance level 1.56.91
Resistance level 2.57.26
Resistance level 3.57.82

Supporting level
Supporting level 1.55.79
Supporting level 2.55.44
Supporting level 3.54.88

Oil market trend Sell
I predict that there will be a signal trend down
so the best option is to do with the order SELL on resistence level 1
all super indicator Rsi and zigzag and fundament analysis give
signal market going down I observe with dolly indicator would appear there are signal trend Selling
there is a tendency of some signal of some indicators
i want to open position SELL
with the criteria for take profit and stop loss of 20 pips with a take profit position

XStreetLATEST ANALYSIS >>

ANALYSIS
Oil Outlook: Oil extends weakness through key supports as bearish pressure rises
By Slobodan Drvenica | September 25, 2019 04:01 GMT
Oil Outlook: Oil extends weakness through key supports as bearish pressure rises
WTI oil price declines for the third straight day and breaks below $56 handle after taking out series of strong technical supports.

Negative sentiment on concerns about global oil demand, in light of latest tough comments on trade conflict by President Trump was boosted by signals of much faster than expected recovery of

Saudi oil installation, which were damaged in recent attack, with both crude stocks reports (API on Tuesday and EIA today) showing stronger than expected build in crude inventories.

Tuesday’s close below important Fibo support at $57.44 (61.8% of $53.93/$63.12) and today’s extension below a cluster of daily MA’s, were strong bearish signals for extension towards target at $53.93 (12 Sep low), however, close below MA’s (200 / 55/30) is needed to confirm scenario.

South-heading daily momentum is about to break into negative territory, but oversold stochastic suggests bears may consolidate before resuming trend from $63.12 peak.

Broken Fibo support at $57.44 and 10DMA at $57.67 should ideally cap extended upticks and keep bears intact.

Res: 56.62; 56.98; 57.44; 57.67
Sup: 56.10; 55.73; 55.56; 54.76

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sift through the mud. Then again, who would determine the star rating? Wouldn't he be the person to ultimately listen to?

Two sets of opinions based on the same gathered data, and neither contradicting the other's data. A weaker person would develop a nervous twitch from this confusion. Particularly when you consider the obvious – they're both right! So, does it come down to a coin toss?

Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.

Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.

The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.

Usoil
cfds on crude oil (wti)
56.65
usd
0.00 (−0.01%)
market open (sep 26 05:01 utc-4)
56.65
prev
56.65
open
64.474k
volume
56.15 — 56.74
day's range

Winning signals - Profit signals.
Today Target Pair - Crude Oil WTI
Today main profit zone .
57.15 - 57.82 - 58.62
Today main support zone.
54.21 - 54.88 - 55.68
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.

i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..

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