Oil

[ASER]

For crude oil it has oil prices futures fell in Asian trade on Wednesday after he showed data from the American Petroleum Institute increase in US crude inventories last week, while it was expected to decline, although the dollar's decline has helped to limit losses, and settled futures contracts for oil this week after the Haute earlier this month to the lowest in three months, influenced by fears that rising Iranian exports will increase and ample supply in the market, and left US crude above $ 50 a barrel in Asian trade on Wednesday after falling for that level this week for the first time since early April

[Gamabunta]

Has made the price of oil a clear breach of the level of 51.10 and settled daily closing below it, making the price of the sideway range that dominated the recent trade also shows the image, and push the pair to decline during the coming period, to target Fibonacci 76.4% at 48.40 mainly come out.

[sunila]

yai pair kafi best hai hamary pass is mai humy jald he trend mil sakta hai aur is par trade karny k leyay bhi humy kafi active rah kar he baothna parta hai tabhi he hum is par kuch earning kar sakty hain agar ap ki zara bhi mistake hoti hai is par tou ap ko kafi problem ka samna karna par sakta hai..

[jutt333]

Oil ki trading ak bot hi riski hi as min ya to ap ko bot sa profit mil jiae ga ya phir ap ko as min bot sa loss ho jiae ga as lia oil ki trading ko bare hi care ke sath i kirna ho ga

[rizwan009]

brother market ye oil ki pair mai buht zaida mivement hoti hy is pair mai zaida ter movement fundamental base per hoti hy ye apne trend ki base per be move krta chala jata hy buht kam log he is mai trade krty hain is mai earning or loss aik dam sey hota hy .

[dareking]

bhai Oil ko main monitoring kar raha hoon, acha hai down trend hai, lekin is par trading karna mujhe kafi pasand hai, movement achi hoti hai, trend acha mile to iske sath mein acha kamaya ja sakta hai bhai.

[Gamabunta]

For crude oil Brent futures rose on Friday as US crude futures in volatile trade fell with exposure prices under pressure from expectations of growing Iranian oil exports, prompting already allocated contracts for indices to register a third weekly loss in a row, and has been in oil prices some support in the late session of the data from Baker Hughes Inc., down appear in the number of oil rigs running in the United States this week after increasing in the previous two weeks, and earlier exposure of oil pressure from the US dollar strength, which rose to its highest level in nearly seven weeks against a basket of major currencies after data positive on jobs in the United States.

[ng1985]

pair- oil
time frame- m15

technical analysis-



the price is moving in the down trend channel pattern with having the support at 50.20 and resistance at 51.15 level. the price is now again up side from the support level but may not break resistance. hold the short entry with stop loss at 51.50
good luck.

[Gamabunta]

The price of oil is hovering at support sideband image that appears level, and whose limbs support 51.10 and resistance 53.30, and as long as the price is between these two levels, we continue tipping lateral movement on the intraday basis to be able to price out of this range.

[Joey11]

The oil still in bearish direction due to China Crisis . so i think ts direction can continue and a lot of investor in wall street expect 45$ in Two months. and this previson make the trading very difficult in oil at this moment;