il
Today trend is showing a BULLISH moment for the pair.
Support levels for the pair is:
Support1: 62.19
Support2: 62.61
Support3: 63.00
Resistance levels for the pair is:
Resistance1: 63.81
Resistance2: 64.23
Resistance3: 64.62
il
Today trend is showing a BULLISH moment for the pair.
Support levels for the pair is:
Support1: 62.19
Support2: 62.61
Support3: 63.00
Resistance levels for the pair is:
Resistance1: 63.81
Resistance2: 64.23
Resistance3: 64.62
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Everyone made his stretigy by its own opinions.Some peopl eused
fundamental approaches, some people used moving averages and other
then used supports and residences , who help him to make his stretigy .
-Oil
My recommendation about this pair is --buy
Resistance and Supporting levels is :
Current Rate is :64.22
Resistance level is
1> Resistance level is:64.35
2> Resistance level is: 64.67
3> Resistance level is: 64.92
Supporting level is
1> Supporting level is: 63.65
2> Supporting level is: 63.32
3> Supporting level is: 63.11
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the US OIL moves back up around the previous Higher High and is in the consolidation zone I described in the Black Box.
The movement of the rebound seems to be the beginning of a consolidation pattern, where prices have the possibility of falling back to the lower limit of this consolidation zone.
For the week's entry reviews, let's look at the US OIL in the following 4 hour charts:
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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.
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today's market technical over view for oil
according to market technical analysis the market have buy trend
the market trend could remain in this position
expected resistance and support levels
market price ----------64.45
1- Resistance level----------64.53
2- Resistance level----------64.58
3- Resistance level----------64.66
1- Support level-------------64.40
2- Support level-------------64.32
3- Support level-------------64.27
technical analysis of oil price by observing the market
it can be go up to>>64.54
low>>64.45
all trade is done at own risk
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oil abhi thoda thanda pad gaya hai aur thode din wo aaram kareaga, jyada move nahi hoga par aaj friday hai to barosa nahi is oil ka, agar aap aaj order na kare to hi acha hoga
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The appreciation of USD against the Euro and AUD seems to affect major commodities prices including oil prices. Currently the USD is traded up against EURO and AUD. If this trend will continue throughout the day, it may affect oil prices as well to trade down.
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oil ought to check out the primary leg of a bigger remedy. Shoud blur over 94(94.15) underneath 94.15 for 92.50 again before 96.00. I have selling position in 94.25 and will shut after 100 pips benefit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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