Oil

[zahid2016]

Good Morning, Last week ended on another down note for equity markets as President Trump appeared to be less than impressed with China’s ability to put a deal together. The week was clearly derailed early on when China devalued the Yuan significantly against the Greenback and that saw markets selling off.
Meanwhile, I will also see data out of China on Industrial Production. The last few weeks have seen some OK numbers from China so this one will be a must-see event.
It was a wild week for markets across the board but a great opportunity for traders.
After the Chinese hit back at the US through its Yuan tricks, markets went into full risk-on mode, setting up some excellent opportunities for traders.
This week, will be waiting to see if markets can respond, as well as focusing on a few key data points.
In terms of economic data there is no one big event, rather a series of smaller but still important things to watch out for.

[batool]

Today in my view that's market analysis and trend : BUY

According to the indicators given below :-
MACD
Parabolic sar
Bollinger band
RSI
And
Moving average

Tell the about market trend up so we do trade in buy and take good profit

Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading

👍 Thank You 👍

[JF2019]

Oil

Pivot Point : 51.79

Supporting Levels Yen Hein

Support 50.79
Support 50.49
Support 50.20

TREND: BEARISH


Resistance Levels Yeh Hein.

Resistance 51.39
Resistance 51.69
Resistance 51.98

[PAK786]

Oil futures rose slightly in Asian trading Wednesday as U.S. policymakers gave traders hope the world�s largest economy is making progress toward averting the fiscal cliff.

On the New York Mercantile Exchange, light, sweet crude futures for February delivery added 0.02% to USD88.42 per barrel in Asian trading Wednesday. Crude traded as high as USD88.50 per barrel and as low as USD88.34.
short positions at 94.00 with 93.50 and 93.00 as next targets

the breakout of 94.50 will call fro arebound towards 95.50

[148]

Everyone made his stretigy by its own opinions. Some peoples used fundamental approaches, some people used moving averages and other then used supports and residences,who help him to make his stretigy .
After the analysis of residence and supports and its previous moveme.

Pivot Point : 51.79

Supporting Levels Yen Hein

Support 1: 50.79
Support 2: 50.49
Support 3: 50.20

TREND: BEARISH


Resistance Levels Yeh Hein.

Resistance 1: 51.39
Resistance 2: 51.69
Resistance 3: 51.98

[jhoradpak]

A fast and easy way to analyze Currencies Oil

Technical analysis gauges display real-time ratings for the selected timeframes.
The summary for Euro Fx/U.S. Dollar is based on the most popular technical indicators —
Moving Averages, Oscillators and Pivots. Results are available at a quick glance.

MOVING AVERAGES,,,,

Exponential Moving Average Buy 63%
Simple Moving Average Buy 59%
Exponential Moving Average Buy 39%

Relative Strength Index Buy 65%
Stochastic Buy trend 77%
Commodity Channel Index Buy Trend 35%
Average Directional Index Buy Trend 78%S
Awesome Oscillator Also show buy trend
Momentum show 61% Buy trend
MACD Level Show 57% Buy trend

so i suggest this pairs Trend is buy Because mostly pairs show BULLISH Trend
so please set the Stop lose And Take profit and also be important Resistance
and supporting level, Money management also be important rule in the trading
business ,,Thanks all forum user,,,

[batool]

Today in my view that's market analysis and trend : BUY

According to the indicators given below :-
MACD
Parabolic sar
Bollinger band
RSI
And
Moving average

Tell the about market trend up so we do trade in buy and take good profit

Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading

👍 Thank You 👍

[Amo]

Ma be aj oil ko dhak raha ho or ya abhi sahi nhi move kar raha ha bohat zaida slow ha lekin ya is week bullish expected ha agay market ki marzi jo chahay kar sakty ha kio ka forex ma kuch be perfect nahi ha just sab predict hota ha.

[goldmaster]

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

[Rehan218]

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...