Oil

[washaccount]

Oil today trend is bullish

Resistance and supporting level is ;

1>Resistance 51.89
2>Resistance 52.37
3>Resistance 52.69


1>Support 50.89
2>Support 50.26
3>Support 49.86

[ah15]

Today we've seen that Oil moved upward. Its highest position was 89.87 which is highest in the recent history. What do you traders think about its next movement? Will it cross 91.00 in recent future? Actually its movement is very fast sometimes. Need some information from the expert traders.

[gale]

Today,Initial support at 100.00 (Intraday Support) followed by 98.00 (Intraday Support). Initial resistance is now at 103.00 (Intraday resistance) followed by 105.00 (Intraday Resistance).

[FM1881]

Crude continues to consolidate in the region of $ 79-80, and so is the situation throughout the week. In a wider perspective is a strong downward trend. We expect it to continue. The nearest resistance is at $ 80.82. His eventual testing can be a good opportunity to take a short position.

[lover222]

Time frame- H1
price level 90.00 is a resistanting level and the may be not breaked as per stoch indicator also. stoch indicator is reach in the rage of over sold and we can short this pair with cross out and can hold trade till 88.35

todays pivot points are-

Resistance 3- 92.53
Resistance 2- 91.21
Resistance 1- 90.44

Pivot point- 89.12

Support 1- 88.35
Support 2- 87.03
Support 3- 86.26

[cute1]

The January futures price of WTI rose to 88.13 dollars a barrel on the New York Mercantile Exchange. Futures rose by 0.8 %, after U.S. President Barack Obama made a new proposal as the solution of avoiding the
“fiscal-cliff” and House Speaker, John Boehner was able to change his opinion on the higher tax rates for high-paid employees in order to make a step towards the accomplishment of the agreement.OIL Crude for January delivery was at $87.84 a barrel in electronic trading on the New York Mercantile Exchange, down 9 cents, at 2:46 p.m. Singapore time. The contract expires today. The more-actively traded February future slid 3 cents to $88.37. The volume traded for all contracts was 48 percent below the average of the past 100 days. Front-month futures rose 0.8 percent yesterday to $87.93, the highest close since Dec. 4.
Brent oil for February settlement on the London-based ICE Futures Europe exchange was up 10 cents at $108.94 a barrel. The European benchmark crude was at a premium of $20.57 to the corresponding WTI contract, from $20.44 yesterday.
Gold for immediate delivery gained as much as 0.3 percent to $1,676.85 an ounce and was at $1,675.50 at 1:45 p.m. in Singapore. The price fell to $1,661.10 yesterday, the lowest since Aug. 31, as optimism that a deal may be reached boosted equities and pared demand for the metal as an alternative asset

[ayazfx]

my dear sir today of my tachnical analysis is Oil sell bullish

1---Resistance 52.74
2---Resistance 52.82
3---Resistance 52.63


1---Support 52.32
2---Support 52.20
3---Support 52.01

[Sing]

Oil declined in London for the first time in five days amid speculation that the European Union�s economy will fail to grow, as the region�s leaders gathered in Brussels for a two-day summit. Brent crude fell as much as 1.2 percent as the EU continued to battle the financial crisis that claimed Cyprus this week as its fifth victim. The euro reversed an advance against the dollar and European equities declined as Germany reported that unemployment in the euro region�s biggest economy rose for a fourth month this year. The U.K. remains in recession after reporting today a 0.3 percent decline in gross domestic product in the last quarter.

[00923027642346]

Today we've seen that Oil moved upward. Its highest position was 89.87 which is highest in the recent history. What do you traders think about its next movement? Will it cross 91.00 in recent future? Actually its movement is very fast sometimes. Need some information from the expert traders.

[FM2127]

Oil prices settled above the psychological barrier at $ 90.00 a barrel, and above SMA 50, along with continued positive signals coming from the stochastic to a daily timeframe.
*
Thus, these factors support our expectations for the continuation of the upward trend in the short term and the following targets start at 93.00 and then away to the psychological barrier of 100.00
*
A break of 87.80 will stop the rising wave of expected and lead to a possible shift in intraday trend downward.
*
Expected trading range for this week between: Support and resistance 87.80 99.00
*
General tendency is expected for this week: bullish