Oil

[Samranfaizan220]

For reference, U.S. oil production in 2018 (per the BP Statistical Review) was 15.3 million BPD, which was more than the total from Iran, Iraq, and the UAE. (That number includes natural gas liquids, as do the numbers above).

It is also important to note that sanctions on Iran have impacted its ability to export oil. According to OPEC’s latest Oil Market Report, oil production in Iran fell by about 40 percent from 2019 to the end of 2020

Before covering how much oil we get from the Middle East today, let’s look at the picture prior to the shale oil boom.

[Shahzadahmed148]

OIL

Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.

Note:Always Follow the making experienced with others having great knowledge about trading...

[Ahmed148]

resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the marke

[Ahmed148]

resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the marke

[pmln]

Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%. The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.

[Iqra Noor]

OIL

Market trend is Sell
Pivot Point 61.70

Resistance levels
1.Resistance=>62.16
2.Resistance=>62.49
3.Resistance=>62.98

Supporting levels
1.Supporting=>61.28
2.Supporting=>60.96
3.Supporting=>60.42
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[irmafuad]

market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish

Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi. Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye. I recommend this trading Up trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.. If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading

[miles]

Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY

OIL

Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.

Note:Always Follow the making experienced with others having great knowledge about trading...

[Maluk18]

Oil Today Market Trend Is Buy


Resistance 64.71
Resistance 64.89
Resistance 64.94

Supporting 64.45
Supporting 64.39
Supporting 64.25

[yulbang111]

kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.

I predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.