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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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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Oil
Therefore, the bullish bias will be expected for today, as the price moves inside the bullish channel that appears on the chart, taking into consideration that breaking 57.40 and holding below it will put the price under the correctional bearish pressure again.
The expected trading range for today is between 57.00 support and 60.00 resistance.
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Crude oil price achieves strong gains
Crude oil price settled above 57.40 level after the strong rise that it witnessed yesterday, confirming heading towards achieving more expected gains in the upcoming period, expecting to head towards 60.90 areas mainly.
Therefore, the bullish bias will be expected for today, as the price moves inside the bullish channel that appears on the chart, taking into consideration that breaking 57.40 and holding below it will put the price under the correctional bearish pressure again.
The expected trading range for today is between 57.00 support and 60.00 resistance.
The expected trend for today: Bullish
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Oil
Trend is buy
Resistance levels
Resistance level1>>>64.47
Resistance level2>>>58.93
Resistance Level3>>>55.93
Supporting levels
Supporting level1>>>50.41
Supporting level2>>>46.29
Supporting level3>>>43.65
Give Thanks if you like...👍
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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
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.
Oil
Less aggressive frying temperatures are frequently used.[26] A quality frying oil has a bland flavor, at least 200 °C (392 °F) smoke and 315 °C (599 °F) flash points, with maximums of 0.1% free fatty acids and 3% linolenic acid.[27] Those oils with higher linolenic fractions are avoided due to polymerization or gumming marked by increases in viscosity with age.[26] Olive oil resists thermal degradation and has been used as a frying oil for thousands of years.[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.
oil
cfds on crude oil (wti)
58.67
usd
+0.35 (+0.59%)
market open (dec 05 07:23 utc-5)
58.32
prev
58.32
open
124.928k
volume
58.09 — 58.84
day's range
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.
Oil
Trend is buy
Resistance levels
Resistance level1>>>64.47
Resistance level2>>>58.93
Resistance Level3>>>55.93
Supporting levels
Supporting level1>>>50.41
Supporting level2>>>46.29
Supporting level3>>>43.65
Give Thanks if you like...👍
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.
Oil
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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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