Oil

[forexA]

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

[ForexAA]

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

[zahid2016]

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.

[uncu]

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

[Shahzadahmed148]

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

[Zanu25]

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

[siqidir]

Market Pair : OIL
TREND : " BUY "

technical analysis by using : Auto pivot indicator.
Parabolic SAR indicator there a dot above the candles that indicates a upward direction
in addition to that we can see a BUY signal on the MACD indicator
that is moving above the level 0 beside that the CCI line is located at the higher level
to perform a upward signal on the chart of the this pair
there is a main up trend signal as the 14 EMA 30 and 44 are moving above the slow EMA of 48
if other indicators confirm a BULLISH direction
then I will go for “BUY” positions.
dont forget your stoploss
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
i hope is trade se ham profit earn kar len

[Ahmadali]

Crude Oil
59.795+0.2250(+0.3800%)
Quoted in USD
Open
N/A
Day's Range
59.260 - 60.460
Class
Commodities
Bid/Ask
59.780/59.810

[talhaahmad04]

Oil prices have a chance to strengthen in the short term after an optimistic statement from energy ministers Saudi Arabia and Iraq to balance the market. On this day investors are looking forward to reports of US rig activity for US production instructions.

For the technical side, the nearest resistance level is seen at 55.00 area, penetrating upwards from that level could trigger further upwards to 55.30 area before aiming to the 55.90 area. On the downside, the 54.60 area is the nearest support level, breaking down from that level could push further decline to the 54.30 level before aiming to the area of 53.70.

Support level: 54.60 - 54.30 - 53.70
Resistant level: 55.00 - 55.30 - 55.90

[feeltop]

predictions for the day.
trading is risky if no analysis is done
Crude Oil WTI - is the currency pair we will be focusing on
major low levels also known as supports 59.38
major high levels also known as resistance - 59.96