Oil

[lover222]

Today Market position is : Sell

Market ajj bohut zaida nechay ki terf move kar gyi hai

Or Support and Resistance be Market kay nechay k janay ka Ishara day raha hai

Is liya Sell ki trade laga dani chahiye

[Asadjaved]

Today Market position is : sell

Currant position or previously position market k down honey ka ishara day raha hain

Support or resistence be market k down janay ki terf ishara day rahay hain

Is liya ajj sell ki trade laganay me he faida hai======

[MTB]

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

[Muhammad Kashif]

Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today

[janny]

Today Market position is : sell

Currant position or previously position market k down honey ka ishara day raha hain

Support or resistence be market k down janay ki terf ishara day rahay hain

Is liya ajj sell ki trade laganay me he faida hai

[Lovedosse]

WTI prices are extending the consolidation theme in the upper end of the range, although a surpass of the $28.00 mark per barrel still remains elusive. Diminishing open interest amidst rising prices appears to sustain the view that gains look somewhat limited for the time being.

[Adnanali]

Oil

Resistance Level (R3): 36.440
Resistance Level (R2): 35.000
Resistance Level (R1): 34.280
Pivot Point: 32.840
Support Level (S1): 32.120
Support Level (S2): 30.680
Support Level (S3): 29.960

[Lovedosse]

WTI bulls head towards Monday’s high above 25.50
Mid-East voluntary output cuts boost oil prices.
Focus shifts to API data amid second virus wave fears, trade woes.
WTI (June futures on Nymex) is on a steady rise and regains the $25 mark in European trading, following a brief consolidation phase seen around 24.50 in the Asian session.
The buying interest around the black gold remains unabated, as top OPEC oil producers pledge to undertake additional voluntary output cuts next month, in an effort to ease the supply glut situation globally caused by the coronavirus crisis

[Mazz]

Oil

Traders increased their open interest positions for the second day in a row on Monday, now by nearly 5.2K contracts in light of advanced figures from CME Group. In the same direction, volume extended the erratic performance and went up by almost 94K contracts, partially reversing the previous large drop.
WTI could re-visit the $20.00/bbl mark
Prices of the WTI appear to have met important resistance around the $28.00 mark per barrel. Monday’s correction lower was amidst rising open interest, which is indicative that a deeper pullback could be in the offing in the short-term horizon

[Lovedosse]

Traders increased their open interest positions for the second day in a row on Monday, now by nearly 5.2K contracts in light of advanced figures from CME Group. In the same direction, volume extended the erratic performance and went up by almost 94K contracts, partially reversing the previous large drop.
WTI could re-visit the $20.00/bbl mark
Prices of the WTI appear to have met important resistance around the $28.00 mark per barrel. Monday’s correction lower was amidst rising open interest, which is indicative that a deeper pullback could be in the offing in the short-term horizon