after viewing the chart we can take the uptrend in consideration due to the pair is closed above level 95.00 . as a result of that , the long direction is very expected and the pair might head to level 110.00 for next week, good luck...
Thread: Oil
after viewing the chart we can take the uptrend in consideration due to the pair is closed above level 95.00 . as a result of that , the long direction is very expected and the pair might head to level 110.00 for next week, good luck...
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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.
Now oil is showing very good growth, after the breakdown of the moving average with a period of 200 went to the top of the price, there is a fastening above 86 dollars, and very well tested extensively level 76 on the reverse side, the histogram is growing ...
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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 .
but more and more oil is urged to the upper ... shows that the sales are in the up link, but still if you look at the daily chart we have the impression that they are ready to sample the north ... so I think if there is a large candle on top of that the next target will be $ 100 ...
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Oil pleased with the strong growth of the north, the price just came close to the 90.00 figure around which has been building top-fractal, but is in no hurry to close the purchase (I will close out and possibly turn over the sale only when mounted below $ 89.46) and while I'm breaking 90.00 figures and future growth.Originally Posted by hariz
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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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The recent rally in the stock market might continue to pull up oil prices. In the near future, I still think that WTI price will remain around $85-$90 mark
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Oil (September) WTIBlack gold tends to slide testing 93.90 / 70 USD / barrel, the breakthrough opens the potential for 92.80 / 60 USD / barrel ... possible combination of negative ISM service sector on Wednesday and Friday nonfarm Payrolls negative potential direction of the opening $ 90.00 / barrel .. first resistance at 95.50 / 70 USD / barrel.
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Oil futures rose slightly in Asian trading Wednesday as U.S. policymakers gave traders hope the world�s largest economy is making progress toward averting the fiscal cliff.
On the New York Mercantile Exchange, light, sweet crude futures for February delivery added 0.02% to USD88.42 per barrel in Asian trading Wednesday. Crude traded as high as USD88.50 per barrel and as low as USD88.34.
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oil usd pair last kuch dino se down trend me chal raha tha lekin aaj subh se isne lagatar white candles banayi hai jisse iska uptrend shuru ho gaya hai
97.00 ke paas se isse buy kiya ja sakta hai tp 99 rakh ke,,
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Initial support at 95.00 (Intraday Support) followed by 92.50 (Intraday Support). Initial resistance is now at 98.00 (Intraday resistance) followed by 100.00 (Intraday Resistance).
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