Thread: Oil
my opinion if we are using the indicators for indication the future of market if we have good knowledge of that indicator we are using on our trade then we have to use that indicator but mostly if you go on Forex chat you can do your technical analysis very well from the chart in my opinion and my analysis gbpusd is moving upward because US dollar is going weak.
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OIL> Bearish
PIVOT POINT > 22.03
S1 > 21.08
S2 > 20.49
S3 > 19.54
R1 > 22.98
R2 > 23.57
R3 > 24.52
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my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the
OIL
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side then next high price is
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Forex Forecast with price level
Crude Oil WTI - pair in focus.
Current Price - 20.20
main support level - 19.56
main resistance level - 20.94
Pair likely to be in Sell today.
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Open interest and volume in Crude Oil futures markets decreased by nearly 41K contracts and almost 310K contracts, respectively, on Friday according to flash data from CME Group.
WTI appears capped around $52.00
Friday’s corrective upside in prices of the WTI was in tandem with shrinking open interest and volume, signalling the presence of short covering behind the move up. That said, recent tops just above the $52.00 mark per barrel should still act as a strong resistance, at least in the very near-term.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
🌷Thank you very much🎋
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
my opinion if we are using the indicators for indication the future of market if we have good knowledge of that indicator we are using on our trade then we have to use that indicator but mostly if you go on Forex chat you can do your technical analysis very well from the chart in my opinion and my analysis gbpusd is moving upward because US dollar is going weak.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Petra Diamonds said today that it is withdrawing guidance after scaling down its mines to operate at a minimum level.
The miner is complying with South Africa's directive, a nationwide lockdown to control the spread of COVID-19.
Petra also withdrew from a tender after poor attendance, deteriorating market conditions and opportunistic bids.
"Petra’s fifth diamond sale of FY 2020, with tenders in both South Africa and Antwerp, commenced on Thursday 19 March and was due to close on Thursday 26 March. However, sensing the rapid deterioration of market conditions, particularly due to travel restrictions, factory and retail closures, and the spread of COVID-19 in South Africa, the company brought forward the closure of its South African sale to Monday 23 March," said the company in a news release.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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