Oil

[talhaahmad04]

Oil prices have the potential to continue rising today after yesterday hitting the highest level since the summer of 2015 with geopolitical risk sentiment in the Middle East especially in Saudi Arabia with the measures taken by the government to support an extension of production cuts. Also on this day investors are also waiting for a report on oil reserves from the American Petroleum Institute released at the end of trading hours that analysts expect will be a decline in oil, gasoline and refined oil reserves.

The nearest resistance level is seen at the 57.60 area, penetrating upwards from that area could trigger further upwards to the 58.00 area before targeting the 58.60 area. Meanwhile for the downside, the 57.00 area becomes the nearest support point, a break below that area should be able to reverse the trend to be bearish targeting the next support at 56.60 before aiming to 56.00.

Support level: 57.00 - 56.60 - 56.00
Resistant level: 57.60 - 58.00 - 58.60[/LEFT]

[lover222]

Today,Initial support at 100.00 (Intraday Support) followed by 98.00 (Intraday Support). Initial resistance is now at 103.00 (Intraday resistance) followed by 105.00 (Intraday Resistance).

[United]

Oil Resistance + Support

Resistance UP
1> Resistance 72.41
2> Resistance 72.75
3> Resistance 72.98

Support DOWN
1> Support 71.60
2> Support 71.38
3> Support 71.16

[AlluluWalmarjaan]

Oil Today's Technical Analysis:

Market is Bullish
Current Position is: 63.54
Moving Average is: buy

Technically Overviews:
Support 1; 63.51
Support 2; 63.43
Support 3: 63.31

Resistance 1; 63.58
Resistance 2: 63.76
Resistance 3: 63.85

[IGI]

Oil
technical analysis
this is a sensitive price rate
the price oil buying point is 63.78 and the selling point 62.55

[Top]

Oil Resistance & Support

Resistance
1-Resistance 71.71
2-Resistance 71.84
3-Resistance 71.57
Support
1-Support 70.30
2-Support 70.27
3-Support 70.55

[FA148P]

Oil is buy

Resistance and Supporting levels is :

Current Rate is :64.22


Resistance level is

1> Resistance level is:64.48
2> Resistance level is: 64.61
3> Resistance level is: 64.89


Supporting level is

1> Supporting level is: 63.98
2> Supporting level is: 63.75
3> Supporting level is: 63.61

[Passion]

today Oil Price support

Resistance 1 63.75
Resistance 2 63.90
Resistance 3 63.87

Supporting 1 62.86
Supporting 2 62.68
Supporting 3 62.44

[PAK786]

OIL Crude for January delivery was at $87.84 a barrel in electronic trading on the New York Mercantile Exchange, down 9 cents, at 2:46 p.m. Singapore time. The contract expires today. The more-actively traded February future slid 3 cents to $88.37. The volume traded for all contracts was 48 percent below the average of the past 100 days. Front-month futures rose 0.8 percent yesterday to $87.93, the highest close since Dec. 4.
Brent oil for February settlement on the London-based ICE Futures Europe exchange was up 10 cents at $108.94 a barrel. The European benchmark crude was at a premium of $20.57 to the corresponding WTI contract, from $20.44 yesterday.
Gold for immediate delivery gained as much as 0.3 percent to $1,676.85 an ounce and was at $1,675.50 at 1:45 p.m. in Singapore. The price fell to $1,661.10 yesterday, the lowest since Aug.

[afzalali]

today Oil Price support

Resistance 1 64.75
Resistance 2 64.90
Resistance 3 64.87

Supporting 1 63.86
Supporting 2 63.68
Supporting 3 63.44