Oil

[mahmoud mohamed tawfik]

short positions at 90.1500 with 89.4700 and 88.760 in sight

the breakout of 90.9300 will call for a rebound towards 92.2200

[sobissa]

Oil closed the week hanging man candle and give us a clear possibility to see the further decline in the coming weeks, especially since the closure was under the falling trend

[marwa]

after viewing the chart we can take the uptrend in consideration due to the pair is closed above level 95.00 . as a result of that , the long direction is very expected and the pair might head to level 110.00 for next week, good luck...

[shaikrazak]

oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...
94 ke as pas iska 1 chota sa support hai..i think oil 94 tak jayega uske bad uptrend me jayega

[Macintosh]

Oil is still able to fight off support for 97-98 dollars, and once again resumed its growth ... in the last few days of recovery in the currency is ... I think this should affect the raw material .. so now expect growth to 95-96 dollars ..

[sobissa]

Petroleum is moving upward but poorly and is now finding resistance at the Fibonacci levels of 38 to return from the possibility of a new drop from then

[Olig]

Oil was finally able to strengthen its position above the 200 MA, which now serves as a support level, but while still preventing the growth of short-sloping line with its goal of overcoming 92.80.

[Miki]

Noticeable that the oil has completed corrective phase, and again began to grow, the rate of support to stand around 88.16, and today from this level went to a retreat to the north, expect continued growth to a level of 92.70.

[mturk2007]

Pushed up the price of oil surpassing the strong levels of 89.00 and 90.00, but came back to close below 90.00, while the stochastic continues to support the price and provide more positive.
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Thus, we keep our expectations in positive and initially targeted at levels of 91.50 and 93.00, with reference to the need for stability above 88.35 and 87.60 over the most important to preserve the chances of achieving these expectations.
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Expected trading range for today is between: Support and resistance 87.65 93.00
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General tendency is expected for today: rising

---------- Post added at 12:02 PM ---------- Previous post was at 07:12 AM ----------

Shows the price of oil is trading sideways since the morning, while stochastic continues to provide positive signals on the daily timeframe.
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From here, the scenario proposed am still exists to this day, unless the breach of 88.35
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Expected trading range for today is between: Support and resistance 87.65 93.00
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General tendency is expected for today: rising

[neajctg01]

oil market is good . when your intial resistance is 100 followed by 105 intraday resistance..........