Oil

[Muhammadasif]

Today OiL current rate : 60.29
Today by observing all the routine of the market carefully i have come
to know that the most suitable and the most profitable selling point will be 60.18
and today the most profitable buy point will be 60.43
I hope you all will follow my signals and you will earn more money good luck

[FA148P]

A few other factors are contributing to the nearly two-week rally. The softer tone from the U.S. Federal Reserve last week buoyed global equities, reducing fear that steadily tightening monetary conditions would push the global economy into recession. Meanwhile, the U.S. and China resumed trade negotiations this week, widely seen as a small sign of a thaw in the trade war. With both countries already starting to suffer from the effects of the trade war, there is pressure on both governments to reach an accord. If the worst can be avoided, there is a lot more room to the upside for crude prices, particularly since oil traders have grown pessimistic about the fate of the global economy. “The oil market is still pricing-in a sharp slowdown in global growth despite our economists’ forecast for resilient growth and robust late-2018 oil demand data,” Goldman Sachs wrote in a note on January 6. “Absent such a large slowdown, we expect prices to recover further, although growth uncertainty will likely require strengthening physical oil markets to drive this rally, with encouraging evidence that the OPEC cuts are starting.”

[148]

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.

[zaing]

current level is Oil/ 52.66

resistance level 1/ 52.72

resistance level 2/ 52.76

resistance level 3/ 52.79

support level 1/ 52.62

support level 2/ 52.59

support level 3/ 52.55

[Top]

Todays. Oil Resistance & Support
Resistance
1-Resistance 42.73
2-Resistance 42.86
3-Resistance 43.97
Support
1-Support 42.39
2-Support 42.24
3-Support 42.06

[sakigbest]

oil ek ajebb sa pair hai mera iss per trding kernaya ka koi moood nhi hota hai lakain humain iss sa acha profit hota hai asa main na logon sa suna hai khusd kabi b rtry nhi kya hai iss leya main iss per ee trading kerta haun

[khalid11]

current price Oil[ 52.28

sell strong

Resistance level 1[ 52.36

Resistance level 2[ 52.42

Resistance level 3[ 52.49

Support level 1[ 52.25

Support level 2[ 52.21

Support level 3[ 52.17

[SA148P]

OIL market technical over view

according to market technical analysis the market have down trend
the market trend is in sell position
expected resistance and support levels

1- Resistance level----------45.62
2- Resistance level----------45.73
3- Resistance level----------45.83
1- Support level-------------45.29
2- Support level-------------45.17
3- Support level-------------45.07

[Ayaztrader]

Oil has really headed up strongly. It is very surprising therefore that USD has not fallen at all in this time. I think that something is not quite right - it may be the american holiday, but it seems that everything is out of sync - at least today. I think oil will continue to rise.

[Younas007]

OIL market technical analysis

market trend is going bullish
market price = 52.06
Resistance levels
the market could break the first resistance at =52.15
the market could break the second resistance level at =52.25
the market could break the third resistance level at =52.35

Support levels
the market could break the first support levels at =51.87
the market could break the second support level at =51.77
the market could break the third support level at =51.69