Oil

[Facebook]

Pivotal Points: 61.80


Resistance 3: 63.85

Resistance 2: 63.10

Resistance 1: 62.51


Support 1: 61.25

Support 2: 60.50

Support 3: 59.95

[Joon]

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

[Galaxy]

To-day Oil Resistance & Support

Resistance
1 Resistance 61.45
2 Resistance 61.64
3 Resistance 61.76
//////////
Support
1 Support 60.82
2 Support 60.59
3 Support 60.30

[Passion]

Today analysis for Oil

This pairs R and S is:
Resistance
#1 Resistance 70.40
#2 Resistance 70.79
#3 Resistance 70.97

Support
#1 Support 69.61
#2 Support 69.40
#3 Support 69.28

[caprice]

Oil

Resistance and Supporting

Resistance 1 - 62.28
Resistance 2 - 62.40
Resistance 3 - 62.72

Supporting 1 - 61.66
Supporting 2 - 61.44
Supporting 3 - 61.09

[express]

Oil Technical analysis:

Level of Support
1. Support 69.63
2. Support 69.50
3. Support 69.31

Level of Resistance
1. Resistance 70.49
2. Resistance 70.65
3. Resistance 70.94

[United]

Oil Resistance + Support

Resistance UP
1> Resistance 62.54
2> Resistance 62.79
3> Resistance 62.81

Support DOWN
1> Support 61.61
2> Support 61.37
3> Support 61.15

[Mariya31]

Currency Pair => Oil
Hour 4 Signals => Strong Sell

Support & Resistance levels:

Support Level 1 => 61.65

Support Level 2 => 61.37

Support Level 3 => 61.09

Resistance Level 1 => 61.88

Resistance Level 2 => 62.26

Resistance Level 3 => 62.51

NOTE: "This is my Own Analysis, You Should Always Trade with Low Risk".

[ba33]

On the break of this area, then next leg lower could be found between the 1.5835-1.5890 area, which presentsthe 127.2 Fibonacci retracement level set on wave A and the 61.8% Fib. level on 2017-2018 rally.

Theoretically however, we need to mention that “C” wave, is typically at least as large as wave A and often extends to 1.618 times wave A or beyond. This could lead below the 1.5400 barrier.

In the near term, correction to the upside could occur as the overall bias is negative, with immediate Resistance at 1.6600 and 1.6740.

[talhaahmad04]

Oil prices have a chance to strengthen in the short term after an optimistic statement from energy ministers Saudi Arabia and Iraq to balance the market. On this day investors are looking forward to reports of US rig activity for US production instructions.

For the technical side, the nearest resistance level is seen at 55.00 area, penetrating upwards from that level could trigger further upwards to 55.30 area before aiming to the 55.90 area. On the downside, the 54.60 area is the nearest support level, breaking down from that level could push further decline to the 54.30 level before aiming to the area of 53.70.

Support level: 54.60 - 54.30 - 53.70
Resistant level: 55.00 - 55.30 - 55.90