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pair- oil
analysis time frame- m30
http://i60.tinypic.com/2jwoqf.jpg
the rsi indicator is moving out form the overbought level 80 and the price up movement is also rejecting from the 84.50 level with parabolic down trend signal. if this is break pivot point at 83.54 then short with profit target at 80.20 and stop loss at the 85.00
good luck
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1 Attachment(s)
Daily forecast: OIL 20 Oct. 2014.
Technical analysis for Daily forecast of OIL 20 October, 2014. In Daily chart OIL shows bearish trend. At present OIL breaks 1st support level and going towards the 2nd support level. If 2nd support level breaks then next strong support level is 79.01.
Pivot: 83.27
Resistance levels
R1 84.10
R2 85.24
R3 86.07
R4 86.89
Support levels
S1 82.13
S2 81.30
S3 80.16
S4 79.01
Attachment 11933
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oil ke trading hai tu thek laken etne best nh hai jitne gold ya phr silver ke trading best hai mje un ke trading zida best lagti hai oil ke trading se kunke mje oil ke trading main kch lose bhe howa tha es liye main tu oil ke trading kam he krta hon,
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pair- oil
analysis time frame- m30
http://i57.tinypic.com/14mylpd.jpg
the price is making lower to low with the rsi indicator lower to low side. its up movement is rejecting down from the pivot point 83.27 level with parabolic sar short signal but rsi is oversold. this will continue down trend with a correction. hold the short entry with stop loss at 83.90
good luck
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Oil price offers some minor positive attempts to ****ually move away from the support of the descending channel, which supports the continuation of our expectations to rise during the coming sessions, waiting to visit areas of 87.40 mainly.
Note the importance of stability above 81.85 for the continuation of our expectations for the uptrend.
The trading range for today is between: Support and Resistance 80.80 85.00
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1 Attachment(s)
Daily forecast: OIL 24 Oct. 2014.
Technical analysis for Daily forecast of OIL 24 October, 2014. In Daily chart OIL is flat. At present OIL on the pivot point. It is important to break support or resistance levels to identify the trend.
Pivot: 81.46
Resistance levels
R1 82.86
R2 83.76
R3 85.16
R4 86.57
Support levels
S1 80.56
S2 79.16
S3 78.26
S4 77.37
Attachment 11989
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pair- oil
analysis time frame- m30
http://i60.tinypic.com/1196pmc.jpg
the price is falling down side from the fibo resistance at 50.00 level at the price 82.00. now the rsi is also showing at the oversold level 30. the price is having support at 80.00 so it will continue to this support level. hold the short entry with stop loss at 81.75
good luck
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1 Attachment(s)
Daily forecast: OIL 27 Oct. 2014.
Technical analysis for Daily forecast of OIL 27 October, 2014. In Daily chart OIL shows bearish trend. At present OIL below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 78.13.
Pivot: 81.20
Resistance levels
R1 82.03
R2 82.78
R3 83.61
R4 84.45
Support levels
S1 80.45
S2 79.62
S3 78.87
S4 78.13
Attachment 12040
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pair- oil
analysis time frame- m30
http://i62.tinypic.com/23t1087.jpg
the down movement of the price is break the strong support at 80.20 level but its hold at the daily support level two at 79.62. now the price is having up trend signal with parabolic sar. if this is break pivot point 81.20 then long with profit target at 83.00 and stop loss at 79.00
good luck
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1 Attachment(s)
Daily forecast: OIL 29 Oct. 2014.
Technical analysis for Daily forecast of OIL 29 October, 2014. In Daily chart OIL shows bullish trend. At present OIL above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 84.10.
Pivot: 81.18
Resistance levels
R1 82.00
R2 82.46
R3 83.28
R4 84.10
Support levels
S1 80.72
S2 79.90
S3 79.44
S4 78.98
Attachment 12072