Oil

[Muneer7171]

Oil is now possible to observe a converging triangle formed, the price now forms the northern wave and almost comes close to the upper boundary of the shape-resistance 94.30, also note that the triangle is bullish because the lower-lows, higher and higher, so I'll wait for the purchase of a breakthrough 94.30

[Qasim14]

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

[Muneer7171]

there is no evidence that the libyaan crisis do some impact to the market......oil move wave by wave pattern by pattern the news can be manupulate and can be a rumors only...

[PAK]

Oil is currently at 55.02 and in strong Bullish movement. We can Buy it at current price and take profit at 55.87 stop loss at 54.23 price levels.

Support and Resistance levels for this pair:
First Support; 54.67
Second Support; 54.36
Third Support; 54.09

First Resistance; 55.23
Second Resistance; 55.47
Third Resistance; 55.87

[talhaahmad04]

Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...

[gale]

Oil Technical analyse

current price Oil/ 52.95

Resistance level 1/ 53.02
Resistance level 2/ 53.06
Resistance level 3/ 53.10

Support level 1 / 52.93
Support level 2/52.89
Support level 3/ 52.85

[SA153P]

Oil is currently at 55.02 and in strong Bullish movement. We can Buy it at current price and take profit at 55.87 stop loss at 54.23 price levels.

Support and Resistance levels for this pair:
First Support; 54.67
Second Support; 54.36
Third Support; 54.09

First Resistance; 55.23
Second Resistance; 55.47
Third Resistance; 55.87

[PAK786]

Oil Today's Technical Analysis:

Current Price is at: 53.45
Trend: Bullish
Oil makes stronger now and can break 55.45 price in this week. We can take Buy entry from current price level and take profit can be set at 54.55. According to technically, Oil will go upward and bullish trend will be continue in this week.

Technically Overviews:
Support 1: 53.41
Support 2: 53.24
Support 3: 52.56

Resistance 1; 53.56
Resisance 2: 53.88
Resistance 3: 54.37
Trad: Buy

[forexA]

my dear sir today of my tachnical analysis is bearish trend seems to be taking place on the oil pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A sell signal is indicated from the Simple Moving Average indicator and that is by giving us sell signal t his pair can continue bullish trend now current price at 55.80 and strong support at level 57.80 in hourly time frame there is possible chance price will move to up side then next high price is 51.24

[hellboy2221]

The price of oil rallied strongly after approaching the 54.50 level today, moving above the 56.00 barrier now, reinforcing expectations for a continuation of the bullish trend over the coming period, noting that our first target resides at 57.16, while stability above 54.50 is an important condition for the continuation of the suggested bullishness.