Oil

[John202]

For the oil loss of data issued by the Ministry of Economy, Trade and Industry to government data showed on Thursday that Japan's overall imports of crude oil in March fell 3.7 percent from the same month last year to 3.69 million barrels per day, and indicated that the third imports the largest economy in the world of Iranian crude oil last month jumped by 91 percent year on year to reach 266 144 barrels per day
Technically able crude oil to penetrate the resistance level of 58.70 dollars rates, within the ascending movement which carried out, should be noted that crude is trading in a rising price channel since mid-March, and now that the bilateral summit was a model of the site, said the failure Crude cold down, became raw candidate towards more ups and even levels of $ 61

[fatdog]

If the US stock markets will resume their falls it will likely to affect oil prices to trade down as well. I still think that oil prices fell too sharply too soon.

[John202]

Still oil trading inside the channel emerging on Frame four hours and is turned away from the pair of the same previous summit at the resistance of $ 58.70 levels consists of our model "bilateral summit - Double Bottm" on crude and according to this model, the entry area will be with a broken neck line Protein content support at 55.90, and then we would expect that the channel is broken down

[ng1985]

pair- Oil
time frame analysis- m30



the down movement of the price is hold at the support 56.20 level and moving up side. this is break the resistance trend line at 57.30 level and its break the higher resistance at 57.85. long with take profit at 59.00 and stop loss at 57.50
good luck

[Gamabunta]

Being the price of oil re-test of resistance to the minor descending channel previously breached and that meet then 50 moving average adds further support to this level, which keeps the opportunities list for the resumption of the upside rest of the day, with the support of the approach of Stochastic from oversold levels of the process.

From here, we are waiting for targeting levels start at 59.30 and 60.00, provided that maintains price stability above the 56.05 level.

Expected trading range for today between 55.50 support and 59.30 resistance range

[errami95]

Thank you my friend on these circumstances Post
I wish success to all and good profits
And do not forget patience is the basis of Forex Trading

[Gamabunta]

Being the price of oil attempts to breach the descending channel resistance at 56.90, supported by a positive stochastic current index, but the price needs to close four hours initially above this level to confirm the activation of scenario the upside rest of the day, which is still trading relationship between confirm trend levels, which is the resistance mentioned and support 55.95 .

Therefore, we will continue to be neutral to price and confirms the following part, more accurately, and to know the details of the expected goals of penetration levels mentioned, please check our morning report.

Expected trading range for today between 54.45 support and 59.00 resistance range

[fatdog]

Main ye thread OIL ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

[John202]

For oil it has futures contracts for crude oil prices fell at the settlement on Monday as overwhelmed by the abundance of global supply for the support he received raw from the conflict in Yemen and the low number of researcher from oil platforms in the United States and prompted dealers to be cautious after the rise of prices to their highest level in 2015 last week .uartft commercial crude oil inventories in the United States for fifteen weeks in a row to a record level of 489 million barrels despite the decline Alhfr.oachtd fighting activities in Yemen with Saudi Arabia continued to launch air strikes on Huthi fighters and army units allied with them with the worsening humanitarian crisis in the country
Vinyala still oil trading inside the channel emerging on Frame four hours and the pair has rebounded from the same previous summit at the resistance of $ 58.70 levels consists of our "bilateral summit - Double Bottm" model for raw and according to this model, the entry area will be with a broken neck line Protein content support at 55.90, and then we would expect that the channel is broken down

[ng1985]

pair- oil
time frame analysis- m30



the price is moving in the down trend channel pattern with having resistance at 57.20 level and support at the 56.20 level. its again at the resistance side and may falling down. short with take profit at 55.50 and stop loss at the 57.40
good luck