Oil

[John202]

Vienna crude oil due to deliberate again on the channel emerging after the Peixrha down at the end of trading last week and failed to decline after that after that cringe component reflectivity candle to the top of the average simple movement 120 levels and the pair is now approaching downtrend Short Frame term to four hours, and in case of a break to the top we will see a continuation of the rise of even the previous summit levels at 63.20

[Gamabunta]

Swirling oil price around 50 SMA after he held a test of the level of 58.18 pm on Friday, and as long as the price above this level, the opportunities available to the continuation of the bullish trend in the short and medium term, but the price needs to be more positive momentum to push trading to resume the upward trend of new .

In general, the positive scenario still exists over the coming sessions, and targets start with the breach of 62.56 to open the way towards our next major at 66.10, taking into account that the breach of 58.18 will put the price in the path correction downward again, and targets start at 55.50 and may extend to 53.30.

Expected trading range for today between 58.18 support and 63.00 resistance range

[ng1985]

pair- oil
time frame analysis- m30



the price is now again in the up trend side from the support at 58.60 level. doji pattern is followed with bullish candle and price moved to higher resistance at 60.85 level. its not able to break resistance and may again down side. hold the long entry with stop loss at 59.50
good luck.

[John202]

Technically crude oil trading at the rising levels of the rising trend of price channel formed on crude, which is trading inside since mid-March in conjunction with a support level at $ 60.30 rates, which makes it there is a chance a strong sale only in the event that the crude to break the support referred to in addition to the channel down and be open and stop-loss levels higher 62.70 goals.

[Gamabunta]

Oil price fluctuates around 50 SMA keeping the stability above 59.70, which keeps the list of opportunities for the resumption of a new bullish trend, the tendency remains to the upside likely in the coming sessions, pending visit Summit recently recorded at 62.56 as a central goal first.

Stochastic fluctuating at the oversold levels of support expected to rise, with attention to that break 59.70 and then 58.18 levels would push the price to return to the path of correction downward again.

Expected trading range for today between 58.18 support and 63.00 resistance range

[ng1985]

pair- oil
time frame analysis- m30



the down movement of the price is moved to the fibo support 61.8 level at the price 59.67 and making doji pattern. if the price break 59.80 level then it will make double bottom chart pattern. long with profit target at 60.55 and stop loss at 59.35
good luck

[John202]

Technically oil rose after he managed to break through the strong resistance level at $ 60.30 prices and crude was up until he reached the levels of 62.83 before it starts to bounce back towards former support 60.30, is worth mentioning that in the event break the support of the trend line price of the channel will become the pair then for sale

[RaKalan]

Narrow band is still in control of the trading price of oil, which is still limited to between 23.6% Fibonacci at 58.18 correction and resistance which now rises to 60.75, and therefore, we will continue to monitor the price for the levels mentioned waiting for a breakthrough, one to determine the next destination more precisely.

[ng1985]

pair- oil
time frame analysis- m30



the up movement of the price is making correction from the resistance at 61.80 and falling down side. this down movement may hold at the fibo support 50 at price 60.00 and will again up side. long with stop loss at 59.55
good luck

[Gamabunta]

Stochastic starts intersection positively now, provides a positive incentive to wait to pay the price of oil to resume the upward trend of new, where to maintain price stability above SMA 50, which supports the continuation of positive expectations rest of the day.

Our main goal first is the breach of 62.56 to confirm the extension of the bullish wave towards 66.10, with a reminder that stability above 59.70 represents a key condition for the continued rise for the day.

Expected trading range for today between 59.00 support and 63.00 resistance range