Oil

[Iqlevel]

Crude oil price continues to rise

Crude oil price provided additional positive trades yesterday to touch 56.50 level, while it begins today with slight bearish bias affected by stochastic negativity, noting that the positive effect of the double bottom pattern still active, waiting for more rise in the upcoming sessions, as the next target is located at 57.40.

Therefore, the bullish trend will remain suggested on the intraday basis unless breaking 54.60 level and holding with a daily close below it.

The expected trading range for today is between 55.00 support and 57.40 resistance.

The expected trend for today: Bullish

[zainm6050]

Resisrance level 85.70
Support level 83.97
Thanks shukria for the help

[MTB]

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

[11Star]

BARCLAYS BANK PLC IPATH SR B S&P GSCI CRUD OL ETN 20/11/36
NYSE ARCA & MKT
US FlagOIL

11.51
USD
+0.08 (+0.70%)
LAST PRICE (OCT 24 15:36 UTC-4)
11.51 0.00 (0.00%)
PRE MARKET (15:36 UTC-4)
11.43
PREV
11.50
OPEN
61.293K
VOLUME
11.48 — 11.57
DAY'S RANGE

[Muhammadasif11]

Crude Oil
56.115+0.0150(+0.0300%)
09:47:22(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
55.820 - 56.190
Class
Commodities
Bid/Ask
56.100/56.130
Symbol
CL
Subclass / Sector
Energy

[Version2]

Crude Oil Prices Slip Over Supply Concerns – Potential Trade Idea

crude oil prices slipped after three consecutive days of gains, due to depressed economic growth concerns. West Texas Intermediate (WTI) crude was down 35 cents, or 0.6%, at $55.88. The US benchmark rose 0.5% in the previous session and was on track for a weekly gain of 4%.

It should be noted that the strong weekly bullish trend in crude oil prices was supported by the unexpected decline in the United States’ crude stockpiles and certainty about more efforts to support prices by OPEC and its partners.

As we know, Thursday’s crude oil price recovery was inspired by data showing that US inventories dropped by 1.7 million barrels last week, shattering analysts’ expectations for an increase of 2.2 million barrels.


Daily Support and Resistance
S3 53.82
S2 54.91
S1 55.5
Pivot Point 56.01
R1 56.59
R2 57.1
R3 58.19

[sakigbest]

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

[NaQvI2019]

Oil trends to bullish

1 Resistance 64.43
2 Resistance 58.97
3 Resistance 55.93

1 Supporting 50.47
2 Supporting 46.25
3 Supporting 43.67

[ankur]

Hi
Daily analysis for 25th October 2019

Today's market trend: Sell/Bearish

kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai,
phir price downward jayega to is time par sell karna chahiye

time frame support and resistance levels : Daily and Weekly,
indicators: Bollinger Bands and fibbo.

[sabir12]

Oil market trend Sell
I predict that there will be a signal trend down
so the best option is to do with the order SELL on resistence level 1
all super indicator Rsi and zigzag and fundament analysis give
signal market going down I observe with dolly indicator would appear there are signal trend Selling
there is a tendency of some signal of some indicators
i want to open position SELL
with the criteria for take profit and stop loss of 16 pips with a take profit position