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After climbing through the first four days of the week to hit their highest level since November 12, Crude Oil prices dropped dramatically on Friday as a fresh wave of concern over the state of the global economy provoked a sell-off in high beta assets, growth-related commodities, and the risk-correlated currencies. The -1.97% drop on Friday saw Crude Oil cut its gain for the week down to 0.89% overall. Heading into the last week of the month, Crude is up by 3.18% since the start of March. Thanks you good luck
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trend Oil ka achy sell mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level are given below ↓↑↓
| Resistance 1: 60.56
| Resistance 2: 61.12
| Resistance 3: 61.87
| Support 1: 59.27
| Support 2: 58.52
| Support 3: 57.98
Aur hamisha low risk low lot size k sath trading kary.
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Sizing up the technical landscape, prices took out resistance at $85.20 � the 38.2% Fibonacci retracement level � to push up squarely against the 50% boundary at $88.14. A move above this juncture exposes the 61.8% Fib at $91.07. The 38.2% level has been recast as near-term support.
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Hi,
Oil going on 98, i hope it will increase and gonna reversal for 100, trhen 105 and it gonna touch 100 in coming days but after some correction, not like rocket.
Oil should be marking out the first leg of a larger correction. Shoud fade over 94(94.15) below 94.15 for 92.50 again before 96.00. I have selling position in 94.25 and will closed after 100 pips profit.
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leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level are given below ↓↑↓
| Resistance 1: 60.56
| Resistance 2: 61.12
| Resistance 3: 61.87
| Support 1: 59.27
| Support 2: 58.52
| Support 3: 57.98
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Oil trend is sell
1 Resistance Level is : 56.01
2 Resistance Level is : 56.23
3 Resistance Level is: 56.41
1 Supporting Level is : 55.73
2 Supporting Level is: 55.55
3 Supporting Level is: 55.41
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The commodity is attempting to break 92.75 while the 10, 20 and 50 exponential moving averages are clearly bearish. The next possible target for this decline may be the extension level 161.8% shown on image at 91.05 followed by the correction level 61.8% at 88.55. Thus we hold onto our bearish expectations for now, but we should mention that the oversold stance on momentum indicators concern us; thus if the price fails to settle below 92.75 we will cancel our suggested scenario , accordingly we advice following our updates.
Recommendation : Based on the charts and explanations above, we remain neutral awaiting more confirmations
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Usd/Sgd
today trend is: sell
Resistance level:
1- Resistance : 1.3514
2- Resistance : 1.3526
3- Resistance :1.3548
Supporting level :
1- Supporting : 1.3390
2- Supporting : 1.3381
3- Supporting : 1.3372
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Daily analysis of the pair Oil
today trend is: Bearish
Resistance level:
1- Resistance : 59.11
2- Resistance : 59.24
3- Resistance :59.37
Supporting level :
1- Supporting : 58.72
2- Supporting : 58.35
3- Supporting : 58.02
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Today oil rate is 60.04
Today by checking the market i have come to know that the most suitable and the most profitable sell ponint will be 59.00
and today the most profitable buy point will be 62.31
I hope you will follow me and you will get more money because i have posted this after checking the market carefully
All the best my friends.
