Oil

Technical analysis Oil

Resistance and Supporting levels is :

Moving Average:BUY
Current price is :56.97


Resistance level is

1> Resistance level is:57.16
2> Resistance level is: 57.39
3> Resistance level is: 57.69


Supporting level is

1> Supporting level is: 56.81
2> Supporting level is: 56.49
3> Supporting level is: 56.18

oil
today currency trend is : sell

Resistance and Supporting level is :

Current price is: 55.88

1> Resistance Level is : 56.01
2>Resistance Level is : 56.23
3>Resistance Level is:56.41

Daily supporting level

1> Supporting Level is : 55.70
2>Supporting Level is: 55.54
3>Supporting Level is: 55.39:1f341:

Moving steady above $ 57 a barrel, oil prices are still buoyed by political turmoil in Saudi Arabia and optimism for an extension of an output-cutting deal by major oil-producing countries. The short-term focus of the oil market will be on the release of oil rig data by Baker Hughes ahead of closing.

For upside movement a break above $ 58.00 is needed to pave the way for a move up towards $ 59.0 or even $ 60.50 in the long run. Meanwhile, a break below the support of $ 56.50 could trigger a bearish correction back to the $ 55.30 area.

Resistant: 58.00 - 59.00 - 60.50

Support: 56.50 - 55.30 - 53.70

today oil price rate

Aaj in ki price selling price zyada se zyada 56.38 aur buy zyada se zyada 57.72 hay

Pair is : OIL

Moving Average :BUY
Parabolic:BUY

today resistance and supporting level is:

Resistance is :

Pivot point is :57.19
Current price is: 57.01

1,Resistance level is :57.26
2,Resistance level is : 57.51
3,Resistance level is :57.67

Support is :

1,Supporting level is :56.76
2,Supporting level is :56.61
3,Supporting level is :56.43

Oil Resistance and Supporting

Resistance 1 - 57.63
Resistance 2 - 57.85
Resistance 3 - 57.96

Supporting 1 - 56.25
Supporting 2 - 56.21
Supporting 3 - 56.14

Also today, pleased and oil, it has managed to break through the very strong upper zone of fractals - resistance 88.15 this breakthrough was another signal in favor of the north and open virtually unimpeded path further north up to the 93.00 figure, just opened another purchase, still far below the 88.00 .

Oil Technical analysis
Level of Resistance
1/ Resistance 66.73
2/ Resistance 66.89
3/ Resistance 66.06
Level of Support
1/ Support 66.31
2/ Support 66.27
3/ Support 66.05

WTI oil is trapped in a sideways range since Feb. 20. As of writing, the upper and lower edge of the range is located at $58.00 and $54.50, respectively.

The bull breakout looks likely as the pair closed 1.39 percent higher yesterday, validating the bull view put forward by Friday's long-tailed candle.

A bull breakout, if confirmed, could yield a test of the psychological hurdle of $60.00. At press time, WTI is trading at $56.88 per barrel.

oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
lekin last kuch dino se oil kaafi down gaya hai..isne recently 94 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta ha