Oil

[Muhammadfaizan]

An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (does not mix with water, literally "water fearing") and lipophilic (mixes with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable and surface active.

The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile.[1] They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents.

[snake]

Forex Forecast with price level
Crude Oil WTI - pair in focus.
Current Price - 62.71
main support level - 62.34
main resistance level - 63.03
Pair likely to be in Sell today.

[Alex vector]

Dear i.forex members Good morning

OIL

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.

[Olx]

Ye pair buy ka bna huwa he I think jahan par market punche huwe he wahan se up
ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye
BUY position is better choice now, you can set target profit level 35 pips

Resistance and Support points also given has signal of market down

Technical indicators and Moving average se bhi market down hoti nazar aati hai

[Shahnawaz148]

We expect limited impact as the Chinese authorities has price control mechanisms in place in the energy and related sectors.”

“Our model shows that if oil prices increase 10% in 2020 from their average level in 2019, it will add 0.3ppt and 0.7ppt to our baseline CPI forecast (to 3.8%, from 3.5%) and PPI forecast (to 0.3%, from -0.4%).”

[Sadia260]

Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.

[Maham ch]

OIL

Resistance UP ^

pivot point # 64.70

1#Resistance 64.77

2# Resistance 64.89

3# Resistance 64.98

Support DOWN V

1# Support 64.44

2# Support 64.31

3# Support 64.2

[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.

[Mariya31]

Crud Oil Analysis:

Trend: Bullish
Moving Average: Strong Buy
Pivot Point >>> 63.54

S 1 >>> 63.46

S 2 >>> 63.18

S 3 >>> 62.75

R 1 >>> 63.74

R 2 >>> 63.95

R 3 >>> 64.25

[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