Oil

[miles]

OIL pair is trading in a bullish direction in a secondary training supported by the bearish line on the 240-minute interval, and it needs to breach the 58.89 confirmation zone for sure. The 20 SMA is still bullish so far.

carry on trading.

[WardatulJannah]

Oil Today's Technical Analysis:

Current Price hai: 59.03
Market ka Tren hai : Strong Bullish
Hour Four me Spot Oil ki Price down aa kr phir up jaey gi or 59.50 level break hoa to next level 61.50 ho ga. Money and Risk Management k sath Trading krn.

Oil k AJ k S/R levels ye hain:
Support 1; 59.02
Support 2; 58.85
Support 3: 58.52

Resistance 1: 59.17
Resistance 2: 59.52
Resistance 3: 59.95

Have a Profit able Day

[Bmw123]

I try to make analysis for this pair today. oil
I see this pair still in strong bullish movement .
If this pair can break the this resistance level, I predict this pair will go up to the next resistance level at 58.30 But if this pair go down and break 56.67 support level, I predict this pair will make some correction to the next support level at around 56.88.

[justin]

Hello Dear Indian Forum Members
GOOD MORNING
I Hope you are all fine
Dear friends today Oil Market trend
is natural so i sugest please wait for good
entry point becasue fibionic retracement
is 60 percent and all over trend is natural
some indicators shows market sell like parabolic
zigzag 30% sell and moving avarages 77% sell
inter the trade after analysis Thanks

[JamesX9]

OIL is bullish

1 Resistance 58.74
2 Resistance 59.03
3 Resistance 59.45

1 Supporting 58.30
2 Supporting 58.02
3 Supporting 57.80

[mkala]

Currency pair ha :Oil

Over all Trend hi:sell


Resistance level hai:

1# Resistance is: 58.97
2# Resistance is: 59.01
3# Resistance is: 59.04

Supporting level hai :

1# Supporting is: 58.93
2# Supporting is: 58.90
3# Supporting is:58.88

[markwins]

OIL pair have a up channel as you can mention on the chart then thinking about an bullish direction on the few coming hours is strongly .
By the current time the price hits the recommended lower edge of the Donchin Channel indicator alerting for a good chance for north movement.
Another signal is given by the awesome indicator as the price keeps below the zero's level and showing red color which could be recognized as a good sell signal.

Finally I can see the signal of bearish direction on the stostatic according to the last sell intersection between the two lines near the 30 level.

[NAZ]

Oil aik aisa pear he jo kabhi kabhi open hota he or 90 ki line me se niche atat hi nahi is liye log is me bohat kam trad karte he is liye me to is me trading nahi karta....

[janny]

Indian forex forum memberOil
today my fundamental analysis
the pair price already touched daily support 1 level and above trend line.
Now the price try to move Downward.
I think the price may touch daily pivot point frokhat ki satah par hai .
so Sell 78.5%
the pivot point will be my target
stop loss will be down the support 1 level
Recomand Today Sell 69%
Note: Take Small Risk And Earn Dailly

[JF2019]

Oil is bearish



Pivot Point 58.72


1 Resistance 57.99
2 Resistance 58.11
3 Resistance 58.23


1 Support 57.79
2 Support 57.61
3 Support 57.49