Oil

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

Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83) to form a bearish Dark Cloud Cover candlestick pattern � hinting more losses are ahead � even as the S&P 500 pushed higher.

:dance::dance:%-)%-)
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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 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

Crude oil prices remain on the defensive, with the WTI contract following the broad-based selloff across the spectrum of risky assets after a summit of EU finance ministers in Luxembourg offered no meaningful progress on resolving the regional bloc’s sovereign debt crisis.

Pivot: 86.00 Our Preference: LONG positions above 86 with 88.6 & 89.5 as next targets. Alternative scenario: The downside breakout of 86 will open the way to 85.1 & 84.35. Im tech pair don`t analyse but political dolls play this great tool

My own analysis For this pair CRUDE OIL

Pivot Point is 56.93

Support 1 56.63

Support 2 56.24

Support 3 55.55


Resistance 1 57.32

Resistance 2 57.62

Resistance 3 58.32

Trade at your own risk

technical analysis of Oil

Parabolic is : buy
Moving average:buy

Current price:57.57
Pivot point:56.87

Resistance and Supporting level :

1.Resistance level is : 57.68
2.Resistance level is :57.77
3.Resistance level is : 57.81

1.Supporting level is : 57.45
2.Supporting level is : 57.32
3.Supporting level is :57.29

The technical outlook is slightly neutral to bullish as crude oil is still trading in a narrow range. Further trend depends upon the violation of a sideways channel which is support oil around $55 along with resistance around $58.



Support Resistance
54.88 57.51
53.49 58.76
50.86 61.39
Key Trading Level: 56.13

0.048 +0.000 +0.00%
11/03 - Closed. Currency in AUD ( Disclaimer )
Type: Equity
Market: Australia
ISIN: AU000000OIL4
Volume: 24,399 Bid/Ask: 0.048 / 0.050 Day's Range: 0.048 - 0.048