Thread: Oil
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
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Therramus's forecasts early last year at Oil-Price.net that oil markets were set for chaos in June, followed by turmoil in stocks in December, proved remarkably accurate. Full Article »
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Oil
Resistance level
1.Resistance level 60.02
2.Resistance level 59.65
3.Resistance level 59.42
Supporting level
1.Supporting level 58.67
2.Supporting level 58.43
3.Supporting level 58.26
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Hello readers, I see an entry opportunity in US OIL commodity, seeing this commodity will experience a promising trend change for today until October 30, 2017.
See US OIL in the following daily chart:
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hello guys my dear Sir today my technical analysis for this pair Oil sell to bearish trand
Resistance level 3 60.02
Resistance level 2 59.65
Resistance level 1 59.42
Supporting level 1 58.67
Supporting level 2 58.43
Supporting level 3 58.26
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My dear Sir today my technical analysis for this pair Oil sell to bearish trand
Resistance level 3 60.02
Resistance level 2 59.65
Resistance level 1 59.42
Supporting level 1 58.67
Supporting level 2 58.43
Supporting level 3 58.26
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.
The WTI Crude Oil market has rallied during the trading session on Friday, breaking above the $60 level finally. However, we have run into a lot of resistance at the top of the uptrend channel and given back quite a bit of the gains. The question now is whether or not we can continue to go higher? At this point is difficult to tell, because quite frankly the selloff has been rather difficult. Beyond that, a lot of the risk appetite for crude oil has been a bit lackluster as there are massive amounts of supply out there. Yes, OPEC has recently cut production but at the end of the day the question comes down to whether or not there is enough demand to go through all of the supply that we currently face.
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Market Pair
OIL : SELL
this pair broke the low today and it seem want to go down more ......
this trend still got a strong down ward momentum ......
still got no idea why this happen today and no clear signal to enter it
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Crude Oil
59.795+0.2250(+0.3800%)
21:57:45(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
59.260 - 60.460
Class
Commodities
Bid/Ask
59.780/59.810
Symbol
CL
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.
Crude Oil
59.795+0.2250(+0.3800%)
21:57:45(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
59.260 - 60.460
Class
Commodities
Bid/Ask
59.780/59.810
Symbol
CL
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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