Oil

Oil > Bearish

# Resistance 64.47
# Resistance 59.03
# Resistance 55.99

# Supporting 53.53
# Supporting 50.49
# Supporting 49.54

Oil prices remained stable after the disappointing release of EIA supply data. A constant move above the $ 56.50 support level could open up a chance for oil prices to test the $ 58.00 resistance level before going to $ 59.00 and $ 60.50 in the long run. As for the downside movement, a break down $ 56.50 could trigger further bearish engagement to the next support at the level of 55.30. Overall, sentiment for oil prices appears to be fairly balanced, expectations of an extended deal cut in output offset by falling demand from China.

Oil

Resistance Level

Resistance Level (R3): 59.667
Resistance Level (R2): 59.303
Resistance Level (R1): 59.057

Pivot Point: 58.693

Supporting Level

Support Level (S1): 58.447
Support Level (S2): 58.083
Support Level (S3): 57.837

Today market trend:Sell

Resistance and Support points also given has signal of market down

Technical indicators and Moving average se bhi market down hoti nazar aati hai

Agar ap profit hasil karna chahte hain to sell ki trade laga dein

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

Oil

Crude oil four-hour chart
Black gold is having a sharp selloff to $60 a barrel and the 200 SMA on the four-hour chart. As the bears took control the market is more likely to continue to explore lower prices towards 57 and 55.50 price levels. Resistances are seen near 61, 62 and 63 handles.

Usoil
cfds on crude oil (wti)
58.92
usd
+0.18 (+0.30%)
market open (jan 20 09:20 utc-5)
58.75
prev
58.75
open
51.459k
volume
58.63 — 59.61
day's range

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.

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Oil
Today market trend = buy

Oscillator sales volume
Current price
And
Support points and resistance
market ke oper janey k haq main hain
buy ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga.
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