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Thread: Oil

  1. #3695
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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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  2. #3694
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    oil pair trend today looking strong bearish and i prefer for sell the oil pair at price 68.00 to 69.00 or 70.00 maximum and trader set their take profit point at price 65.50, 65.00 to 64.00 and trader use stop loss point at price 69.50 to 70.30 maximum and trader must understand the oil pair all fundamentals and oil related updates and follow the current oil pair trend and place their orders in oil pair trading

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  3. #3693
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    Oil managed to touch our first target at 69.10 but rebounded strongly to break through 68.06 and near the pivotal resistance of 69.44, which returns us to neutral until the price confirms a breach of one of the pivotal levels mentioned, awaiting tomorrow's opening to determine the next direction more clearly.[IMG][/IMG]

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  4. #3692
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    oil know some Bearish position


    Current Price Rate is: 68.38

    Resistance Levels is;

    Resistance 1: 68.72 Resistance 2: 69.03 Resistance 3: 69.39



    Support 1: 68.01 Support 2: 67.72 Support 3: 67.21

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  5. #3691
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    dear trader oil bhi aik acha pair hay ap es say bhi earning kr skty hian aur boht si earing kr skty hain agar apko oil ki move ka pta hay aur apko pta ho k oil ks situation main kia behave krta hay aur kesy profit day skta hay aur kesy loss day skta hay to phr ap esmain kamyab bhi ho skty hain aur phr ap es main earning bhi ker ksty hian.......

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  6. #3690
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    Oil strong bullish position

    Current Price Rate is: 68.21

    Resistance Levels is:

    Resistance 1: 68.71 Resistance 2: 69.13 Resistance 3: 69.88




    Supporting Levels is :

    Support 1: 67.93 Support 2: 67.21 Support 3: 66.87

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  7. #3689
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    Oil know Bullish

    Current Rate is: 68.31

    Resistance 1: 68.64
    Resistance 2: 68.99
    Resistance 3: 69.47



    Support 1: 67.89
    Support 2: 67.33
    Support 3: 66.93

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    WTI crude oil is on the bull, with price rallying above the $70.00 level. Buyers have come out of the woodwork since Sunday’s electronic open, bidding September WTI futures higher by more than a $1.00 per barrel. The recent strength in WTI crude has been significant. It appears that the intermediate-term correction of early July is over and price is poised to test yearly highs.

    From a seasonal perspective, crude oil is in primetime for buyers. However, the Summer months are soon to pass. With inventories expected to build and demand to drop, one is inclined to believe that the top of this market for 2018 is very nearly in.

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  9. #3687
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    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
    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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  10. #3686
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    Technical Outlook

    The first upside target is to $70, however I feel that we have the potential to go back and test $70.86, which is the high volume area.Interestingly, this week we have also had some positive trade talks after the US-EU started working on a deal. This might ease concerns over the tariff saga and we are seeing commodities strengthen a touch.

    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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