Oil

[Gamabunta]

Stabilize the trading price of oil at the pivotal support 48.40, which represents 76.4% Fibonacci retracement of the rise, which shows the image, noting the price moves inside the bearish channel show the image, along with the 50 EMA continues to pressure trading negatively instantaneous and short-term, thereby supporting the chances of achieving break support mentioned and then along the descending wave during the coming period.

[ng1985]

pair- oil
time frame- m15

technical analysis-



the price is continue making lower to low with break the support. now this down movement making correction from the support at 48.20 level. if the price is break resistance at 49.00 level then long with profit target at 50.00 and stop loss at the 47.50
good luck.

[Gamabunta]

We recall that the mentioned represents a 76.4% retracement of the rise in the measured from 44.02 to 62.56, which means that breaking it will provide oil losses to reach the bottom areas of pre-recorded at 44.02 in the main, while represents steadfastness in front of the negative pressure positive factor will pay the price for attempts to recover and achieve goals positive start at 51.10 and then 53.30.

[sunila]

Mughy oil pr trade bhut kam he mili hai aj tak kio k yai pair itna besy work nhi kr sakta hai hamarihamari analyse k mutabiq bas is mai humy intraday mai he aagr trade mil jaye to krni chauau warna is ko touch nhi krna chayay...

[Gamabunta]

Oil is trading below the level 50.00 and this negative factor that could push prices down towards our goal at the level of 48.00
48.00 Fibonacci level represents 78.6% can be reached as long as the 51.15 level constant .altdaol inside the descending channel and without moving averages may extend the bearishness.

[ASER]

For crude oil have oil prices futures in Asian trading stabilized on Thursday, with US crude traded below $ 50 a barrel, near its lowest level in more than three months with market exposure to pressure from rising US inventories and the strength of the dollar, showed data from the US Energy Information Administration said commercial crude oil inventories in the United States recorded an increase of 2.5 million barrels last week to rise above the seasonal average in five years, and contrary to expectations was referring to a decline of 2.3 million barrels

[Gamabunta]

The price of oil continued to decline yesterday after confirmation break the psychological barrier 50.00 As noted in the last technical Thaditna, reinforcing expectations of further negative during the coming period, pending the level of 48.40 the next major test as a target.

[mouez forex]

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

[dareking]

Bhai Oil ki halat to kafi jayda kharab hai, ye down ho raha hai, mujhe to lagta hai, ki OIL abhi aur bhi jayda girega, isko selling par rakhne mein hi humare liye faydemand hai bhai buy abhi karna thik nahi hai.

[Gamabunta]

Bounced trading price of oil down after the level of 51.10 successfully tested yesterday, to keep the bearish scenario persists effectively for the coming period, it supported moving average 50 along with the negative signal provided by Stochastic on the time frame of four hours, waiting for a visit level of 48.40 mainly.