Oil

Oil declined in London for the first time in five days amid speculation that the European Union�s economy will fail to grow, as the region�s leaders gathered in Brussels for a two-day summit. Brent crude fell as much as 1.2 percent as the EU continued to battle the financial crisis that claimed Cyprus this week as its fifth victim. The euro reversed an advance against the dollar and European equities declined as Germany reported that unemployment in the euro region�s biggest economy rose for a fourth month this year. The U.K. remains in recession after reporting today a 0.3 percent decline in gross domestic product in the last quarter.

Oil

Resistance and Supporting

Resistance 1 - 76.64
Resistance 2 - 76.80
Resistance 3 - 76.91

Supporting 1 - 75.25
Supporting 2 - 75.76
Supporting 3 - 75.44

My Analysis Bearish

OIL

Resistances and Supports

Resistance 1 76.63

Resistance 2 76.78

Resistance 3 76.92

Support 1 75.70

Support 2 75.43

Support 3 75.24

Warning* This views is my personal.

Oil Technical analysis:

Level of Support
1-Support 65.65
2-Support 65.59
3-Support 65.31

Level of Resistance
1-Resistance 66.77
2-Resistance 66.64
3-Resistance 66.90

Today,Initial support at 100.00 (Intraday Support) trailed by 98.00 (Intraday Support). Starting opposition is presently at 103.00 (Intraday obstruction) trailed by 105.00 (Intraday Resistance).

Technical Analysis of Oil is buy trend

current price is : 66.13

Resistance Levels is>

1>Resistance is : 66.38
2>Resistance is :66.59
3>Resistance is : 66.91

Supporting Levels is>

1>Supporting is :65.85
2>Supporting is : 65.71
3>Supporting is : 65.39

Silver prices rose during the Asian session on Tuesday, witnessing a reversal of the 3rd meeting of its lowest since the middle of last month amid a fall in the dollar index.Silver prices rose after being based on the broken downward trend levels of four-hour for chart and we reached the first target at 14.50 dollar levels and we still expect more heights toward 14.88 dollars .Keep stop losses and break 14.30 levels..

analysis of Oil

Bollinger Bands:sell

Resistance and Supporting level is:

Resistance price is :

Resistance 1:65.99
Resistance 2:66.12
Resistance 3:66.23

Supporting price is :

Supporting 1:65.47
Supporting 2:65.31
Supporting 3:65.19

The Flag is typically a continuation pattern, which in this case would argue in favor of the downside. Initial support lines up at 83.12, the 23.6% Fibonacci extension level.

Oil
Today live rate is 65.770
By searching all previous results of charts
i suggest that
the buying rate will be 66.124
and selling rate will be 65.613
.
Good luck