Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...
Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...
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This post is from Iqra noor
Oil Trend is buy
Resistance levels
1 Resistance level:64.41
2 Resistance level:58.94
3 Resistance level:55.92
Supporting levels
1 Supporting level:50.43
2 Supporting level:46.25
3 Supporting level:43.65
Click Thanks if you like.
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guys market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis,,,
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Oil
cfds on crude oil (wti)
56.91
usd
−0.15 (−0.26%)
market open (nov 20 18:22 utc-5)
57.06
prev
57.06
open
2.24k
volume
56.82 — 57.06
day's range
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oil bohat e fast moving pair hai huamin is amin se acha profit hsail ho jata hai jb hum isko smajh jaty hain jab hum isko samjhty nhi hain toh huamin kabi b is main se ach aprofit hsail nhi hota hai jab hum is ko samjh jaty ahin toh huamin is amin se ahc aprofit shail ho jata hai jab hum isko samjhty nhi hain toh huamin akbi b is mains e ahc aprofit hsail nhi hota hai
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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
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oil rises 36 cents or 0.67%, reaching $ 55.54 per barrel, while Brent Petroleum rises 55 cents or 0.94% bordering $ 61.40 per barrel. The price of gasoline for its part, scale 0.90 cents or 0.56%, rising to 1.6127 per gallon.
United States President Donald Trump sent troops to the Middle East to support security at Saudi oil facilities.
Tensions in the Middle East have intensified since the drone attack on September 14 at the Saudi Aramco plant.
Technical Overview
Crude oil, in its daily chart, exposes the progress of an Expanding Triangle. This Elliott pattern is subdivided in a 3-3-3-3-3 internal sequence, and it is likely that at the end develops a continuation movement.
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)
57.02
usd
+1.91 (+3.47%)
market open (nov 20 11:52 utc-5)
55.11
prev
55.11
open
256.221k
volume
54.83 — 57.15
day's range
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Crude oil price confirms the break
Crude oil price confirmed breaking the intraday bullish channel’s support line after closing the daily candlestick below it, which pushes the price to achieve more decline in the upcoming sessions, expecting to test 57.40 level initially.
Therefore, the bearish bias will be expected for today, noting that breaking the targeted level will extend the bearish wave to reach 51.80 as a next main station, while the expected decline will remain valid unless the price rallied to breach 57.40 and hold above it.
The expected trading range for today is between 53.70 support and 56.50 resistance.
The expected trend for today: Bearish
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OIL
BARCLAYS BANK PLC IPATH SR B S&P GSCI CRUD OL ETN 20/11/36US FlagNYSE ARCA & MKT
11.66
USD
+0.31 (+2.71%)
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