il going on 98, i hope it will increase and gonna reversal for 100, trhen 105 and it gonna touch 100 in coming days
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il going on 98, i hope it will increase and gonna reversal for 100, trhen 105 and it gonna touch 100 in coming days
price of oil trading within the scope of both side about level of 97.00 still above the bearish corrective channel resistance
which makes us continue to tipping upward trend unless the level of 96.25 is broken
we recall that penetrate 98.20 represents the strong key to push the price upward
date- 15-2-2013
technical pivot point are-
resistance 3 - 98.66
resistance 2- 98.17
resistance 1- 97.74
pivot point- 97.25
support 1- 96.82
support 2- 96.33
support 3- 95.90
Crude Oil (Mar 13) intraday: further upside.
Pivot: 96.50
Our preference: LONG positions above 96.5 with targets @ 98.1 & 99.3.
Alternative scenario: The downside penetration of 96.5 will call for a slide towards 95.85 & 95.
Comment: the RSI is mixed to bullish.
in the h1 time frame this is having a resistance by the moving average at 97.30 and at the time cci and stoch are giving us short signal. we can short this pair with the target at 96.30 with stop loss at 97.70
With these jerks like today, oil prices may break level 95 dollars, but there's a little bit .. just stopped by a round figure ... and see what else there is the moving average with a period of 200, just as it can be seen as a support .. . so if you have several hours will not break down, and will keep the level and ****ually diverted to the north, then maybe in the evening or Monday will return to the north ..:)))
There is a high possibility of moving this pair in the downward direction so we can short here and 95.75
oil is just a major comodity in the market with the oil then i can say that we do not have to make the best outcome in the market rather it is the best outcome that will come in the market.
G haan ye baat such hai k oil kafi dino sey kafi strong chal raha hai last time 100.0 sey nichey
ki taraf aa raha tha eis k bari waja libya mein jang hai jis k wajah sey ye strong hota ja raha hai
Good day to all. Well, oil, yesterday could break below 97.00 and this, I'm really pleased, but that we will continue to decline it really matter, because we have reached a level strong support at 95.74, besides the presence of shadows nehily (D1) probably indicates input buyers generally observed.q1