If the US stock markets will resume their falls it will likely to affect oil prices to trade down as well. I still think that oil prices fell too sharply too soon. In the near future WTI will settle around $85-$90 mark
Thread: Oil
If the US stock markets will resume their falls it will likely to affect oil prices to trade down as well. I still think that oil prices fell too sharply too soon. In the near future WTI will settle around $85-$90 mark
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OIL :
Breakout BUY Level: 54.30.
Strong Resistance: 54.00.
Original Resistance: 53.70.
Inner Sell Area: 53.50.
Target Inner Area: 53.30.
Inner Buy Area: 53.10.
Original Support: 52.90.
Strong Support: 52.70.
Breakout SELL Level: 52.40.
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OiL / current rate new 61.44 up ki tarf hi hai so ye isy bhi ziydha puaint pe ho sakta hai 62.00 today but is ko buy ki trade pe lagana chahiy thanks you
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Oil abhi apne nafsiyati sata pr hi move kr raha hai or is k bearish me rahny k ziada chance hain. Lekin hmen Baker Hughes US Oil Count News ka wait krna chaye jo k 23:00 pm release ho gi. Us se mumkin hai k Oil Upward move krey. Magr technically ye Support level 52.55 pr close ho sakta hai. Agr is price se up close ho to is ka next level 53.25 ho ga agr wo break hogy to ye Upward move kry ga.
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Technical analysis of OIL
Today Market Trend is : BEARISH
Today Resistance level :-
1= Resistance level is: 52.41
2= Resistance level is: 52.47
3= Resistance level is: 52.56
Today supporting level :-
1= Supporting level is : 52.21
2= Supporting level is : 52.10
3= Supporting level is : 51.98
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Oil has just managed to break through the strong level of support 86.56, and even had time to test this level but as the resistance, it seems the price will fall to the south, the goal for today I have about 85.00
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If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing
The range 85 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis
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Oil ki markeet ka pair strong buy ka bana hova he and mujhy lagta he ye markeet up ki tarf movement kry gi so apko buy ki trade laga deni chahiy ye kafi fedhy mand Sabit ho sakti he thanks you current rate is 62.31
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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
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TODAY'S TECHNICAL LEVEL OF OIL :
Breakout BUY Level: 54.30.
Strong Resistance: 54.00.
Original Resistance: 53.70.
Inner Sell Area: 53.50.
Target Inner Area: 53.30.
Inner Buy Area: 53.10.
Original Support: 52.90.
Strong Support: 52.70.
Breakout SELL Level: 52.40.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
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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