Oil

[NaQvI2019]

Oil Bullish

1 Resistance is: 59.53
2 Resistance is: 58.57
3 Resistance is: 57.61


1 Supporting is: 56.45
2 Supporting is: 55.47
3 Supporting is: 54.43

[Ali1234]

Oil - US Crude aj ka Analysis

S3: 56.73
S2: 57.56
S1: 57.86
P: 58.39
R1: 58.69
R2: 59.23
R3: 60.06

Apna Risk pa trade krein shukria

[Iqlevel]

Pivot Point 57.26


1 Resistance 58.43
2 Resistance 60.60
3 Resistance 61.77

1 Support 55.09
2 Support 53.92
3 Support 51.75

[Zeeshani]

oil should be marking out the first leg of a larger correction. Shoud fade over 94(94.15) below 94.15 for 92.50 again before 96.00. I have selling position in 94.25 and will closed after 100 pips profit.

[146]

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

[Zeeshan420]

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

[Ayub786]

Brent markets obviously did the same thing, breaking through the $65 handle. That of course is an important area, so it’ll be interesting to see whether or not we can try to recapture that. The volume was rather strong and therefore it’s likely that we could continue to go lower. At this point, it’s very likely that the WTI Crude Oil market will lead the way so we need to see that market rally before we turn back around. We could find this market testing the $62 level rather quickly, and then perhaps even the $60 level.

Ultimately, I think this is a market that continues to be very dicey due to the lack of global growth, and of course the extreme production that the Americans are still putting out. With that in mind, expect a lot of noise and you should also keep in mind that this is the thin week, so we may not get an actual verifiable of move until Friday.

Please let us know what you think in the comments below

[sakigbest]

oil b ek ch pir hi humin is main se acha profit hasil ho sakata hi kain us waqat jab hum is ko samjh sakty hon jab hum is ko samjhty nhi hain toh huamin kabi b isman se acha profit hasil nhi ho sakata hai is ki moving speed b bohat fast hai hum is ko asni se samjh sakaty hain jab hum is ko samjty nhi hain toh hamain ismain se kabi acha profit hasil hi hota hai

[Pak3000]

Pivot Point 56.43

1 Resistance 56.52
2 Resistance 56.60
3 Resistance 56.69

1 Support 56.35
2 Support 56.26
3 Support56.18

[zahraali989]

Oil over all Trend buy



1 Resistance is: 59.52
2 Resistance is: 58.57
3 Resistance is: 57.60


1 Supporting is: 56.46
2 Supporting is: 55.44
3 Supporting is: 54.42