Printable View
0.8580-90 is the zone where the price might bounce. We can also see HVT trading setup within the marubozu bullish candle as the price is rejecting off the 88.6 fib of the HVT candle (diamond). Targets are 0.8610 and 0.8650. Have in mind that any Brexit headline can spike up or spike down the price as the headline risk is still big. Due to NFP this week, markets are slower and mostly kept within the range so using profit stop is advised.
prices testing the top of a Flag chart formation reinforced by the upper boundary of a rising channel set from early May. Here too, the setup is hinting at bearish continuation pattern, with initial support lining up at the 23.6% Fibonacci extension level ($83.12).
The formation of a Bearish Engulfing candlestick pattern as well as the appearance of negative RSI divergence reinforces the case for a downside scenario. Initial support lines up at $83.12, the 23.6% Fibonacci extension level.
pair hai:Oil
Trend indicator or pivot point ke sath yeah hai,
Indicators yeah hain :
Moving Average ke hisab se:Buy
Parabolic ke hisab se :Buy
Resistance levels yeah hain:
1>Resistance hai:62.78
2>Resistance hai:62.97
3>Resistance hai:63.26
Supporting levels yeah hain :
1>Supporting hai :62.23
2>Supporting hai:61.97
3>Supporting hai: 61.61
agar post achi lagi hu tu thanks kr den mere post ku ,,,,
Oil.
As expected, Saudi Arabia and the United Arab Emirates aren’t ready to concede a barrel of oil beyond market needs, so that crude prices will not come under undue pressure. Yet, what might help the market more than the two countries’s resolve at Sunday’s OPEC meeting in Jeddah is to know the next planned action of their enemy Iran.
G bhi mera oil ak comodities say bhe huma acha prodit hum asani say bhe hum asani say kama sakhta hai us leay hum soch smjha ka work karna ho ga hum forex ma bhe hum succeful ho sakhta hai
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 hai
Oil
Trend indicator or pivot point ke sath yeah hai,
Indicators yeah hain :
Moving Average ke hisab se:Buy
Parabolic ke hisab se :Buy
Resistance levels yeah hain:
1>Resistance hai:62.78
2>Resistance hai:62.97
3>Resistance hai:63.26
Supporting levels yeah hain :
1>Supporting hai :62.23
2>Supporting hai:61.97
3>Supporting hai: 61.61
Oil is bullish
1 Resistance 62.79
2 Resistance 62.95
3 Resistance 63.25
1 Support 62.21
2 Support 61.95
3 Support 61.65
The appreciation of USD against the Euro and AUD seems to affect major commodities prices including oil prices. Currently the USD is traded up against EURO and AUD. If this trend will continue throughout the day, it may affect oil prices as well to trade down.