Oil

Thread is oil


Hi dear friends today market trend
Fundament or technical analysis to ajj market down janey ki terf eshara kar rahay hain or tamam indiactor be esi terf market ki postion ka bata rahain hain me app ko kuch indiactor ka bata raha hin jo market ki position ka bata rahay hain
Rsi=84%=sell
Moving avarage =70 %=Sell
Pivot point =57=Sell
Tarde with money Managment
Today trend =Sell
Best of luck to all members of forax community.

The downside move continues; affected by stability below 96.95 which is the 38.2% Fibonacci correction for the bullish trend shown above. Meanwhile, oil settled below 95.45 which is a previous important bottom. Thus, stability below those levels support the overall double top pattern and suggest further downside action targeting at least the 50% correction at 92.75.



Recommendation : Based on the charts and explanations above, we recommend selling crude around 94.80 targeting 93.60 and 92.75. Stop loss four-hour closing above 96.30.

Pivot Point 59.24


1 Resistance 59.98
2 Resistance 60.44
3 Resistance 61.18

1 Support 58.50
2 Support 58.04
3 Support 57.30

The drawback move proceeds; influenced by solidness underneath 96.95 which is the 38.2% Fibonacci rectification for the bullish pattern appeared. Then, oil settled underneath 95.45 which is a past significant base. Along these lines, soundness beneath those levels bolster the general twofold top example and recommend further drawback activity focusing in any event the half remedy at 92.75.

Proposal : Based on the diagrams and clarifications above, we prescribe selling rough around 94.80 focusing on 93.60 and 92.75. Stop misfortune four-hour shutting above 96.30.

Trading pair is: Oil

My trend is:sell

1,Moving average is: sell

Current price is : 58.88

Resistance level is ,,,,,,


1, Resistance is : 58.96
2, Resistance is :59.15
3, Resistance is : 59.35


Supporting level is,,,,,,,

1, Supporting is ;58.70
2, Supporting is : 58.45
3, Supporting is : 58.30

“For oil markets, participants will be closely watching for compliance signals. Saudi Arabia, which has been cutting production deeply beyond its allowed output budget, has signaled that it will continue to pump less than its allowance in July.”


“This should help the supply-side pump out a positive narrative, which we expect will offset the growing fears of waning demand. We expect the OPEC+ group of producer's promise to stay the course with their production curtailment agreement until the end of the year, rising Middle East geopolitical risks and sharp reductions in Iranian export flows, along with lower US inventories, will all contribute to upside potential for crude.”

Oil - US Crude aj ka Analysis

S3: 56.73
S2: 57.56
S1: 57.86
P: 58.39
R1: 58.69
R2: 59.23
R3: 60.06

Apna Risk pa trade krein shukria

Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...

Trading pair is: Oil

My trend is:sell

1,Moving average is: sell

Current price is : 58.87

Resistance level is ,,,,,,


1, Resistance is <<< 58.94
2, Resistance is <<< 59.19
3, Resistance is <<< 59.32


Supporting level is,,,,,,,

1, Supporting is <<< 58.73
2, Supporting is <<< 58.47
3, Supporting is <<< 58.32

indicator ke hisab se trend : sell
Parabolic sell
Moving average sell

majoda qeemat:1.6204
Pivot point hai:1.6201

Resistance and Supporting level kuch es tara se hain :

1.Resistance level : 1.6215
2.Resistance level :1.6235
3.Resistance level : 1.6250

1.Supporting level : 1.6185
2.Supporting level : 1.6170
3.Supporting level :1.6155

mehrbani kr ke mere post ku like zaror kren aguar achi lage tu