Today analysis for Oil
Resistance
#1 Resistance 57.74
#2 Resistance 57.86
#3 Resistance 57.02
Supporting
#1 Supporting 56.41
#2 Supporting 56.32
#3 Supporting 56.15
Thread: Oil
Today analysis for Oil
Resistance
#1 Resistance 57.74
#2 Resistance 57.86
#3 Resistance 57.02
Supporting
#1 Supporting 56.41
#2 Supporting 56.32
#3 Supporting 56.15
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Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83) to form a bearish Dark Cloud Cover candlestick pattern � hinting more losses are ahead � even as the S&P 500 pushed higher.
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Oil
Trend is : sell
parabolice indicator is: sell
Resistance and supporting level of this pair is :
Pivot Points:57.35
Current price:57.18
Resistance level of this pair is:
1# Resistance is: 57.32
2# Resistance is: 57.47
3# Resistance is: 57.61
Supporting level of this pair is :
1# Supporting is: 5705
2# Supporting is: 56.91
3# Supporting is: 56.80
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Gbp/Aud pair is currently traded at 1.8352 and is bullish. But price can test 1.8342 level again before bounced upward. I suggest Buy order and Stop loss at 1.8321 take profit at 1.8387 price levels.
Support and Resistance levels for this pair are;
First Support: 1.8343
Second Support; 1.8323
Third Support: 1.8309
First Resistance: 1.8367
Second Resistance; 1.8387
Third Resistance: 1.8423
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Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83) to form a bearish Dark Cloud Cover candlestick pattern � hinting more losses are ahead � even as the S&P 500 pushed higher.
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Oil
Trend is : sell
parabolice indicator is: sell
Resistance and supporting level of this pair is :
Pivot Points:56.16
Current price:55.68
Resistance level of this pair is:
1# Resistance is: 55.71
2# Resistance is: 55.84
3# Resistance is: 55.91
Supporting level of this pair is :
1# Supporting is: 55.56
2# Supporting is: 55.42
3# Supporting is: 55.39
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Oil was trading all day virtually unchanged, the couple is in a corrective phase after yesterday's strong growth rate close to the blue line Ichimoku, the underlying trend-north, with the resumption of growth will be buying.
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Oil
Trend is : sell
parabolice indicator is: sell
Resistance and supporting level of this pair is :
Pivot Points:56.16
Current price:55.68
Resistance level of this pair is:
1# Resistance is: 55.71
2# Resistance is: 55.84
3# Resistance is: 55.91
Supporting level of this pair is :
1# Supporting is: 55.56
2# Supporting is: 55.42
3# Supporting is: 55.39
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analyisis of Oil is buy
Resistance and Supporting level is:
Current price is : 56.10
open price is : 56.18
HigH Rate is: 56.26
Low Rate is : 55.98
Resistance 1:56.17
Resistance 2:56.25
Resistance 3:56.32
Supporting 1:56.01
Supporting 2:55.92
Supporting 3:55.83
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Current trading Oil # 52.02
Buy
Resistance level 1 # 52.08
Resistance level 2 # 52.11
Resistance level 3 # 52.14
Support level 1 # 51.97
Support level 2 # 5193
Support level 3 # 5188
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