Oil

[ng1985]

pair- oil
time frame to analysis- m30



the price is up trend side from the support at 50.38 level and now moved to the daily resistance level two at 55.00 level that has been break but the rsi indicator is showing overbought as moving above the level 70. hold the long entry with stop loss at 53.00
good luck

[John202]

For oil has stepped up oil prices in Asian trade on Wednesday after signs of a decline in crude production in the United States, but gains constrained data showing China's economic growth declined in the first quarter of the year to its lowest level in six years, and the average price of international Brent crude in contracts delivered May 56 cents, or the equivalent of 0.96 percent to $ 58.99 a barrel by 0500 GMT, while US crude futures rose 36 cents, or 0.68 percent, to $ 53.65, and in the United States, the decline in oil production in the state of North Dakota by 15 thousand barrels per day in February February from the previous month, although the number of producing wells scored a record level Mrtfa.ujae this in the wake of a report from the US Energy Information Administration is expected to fall oil shale production in the United States 45 thousand barrels per day to 4.98 million barrels per day in May, which would be the first decline monthly in four years
Vinyaatdaol oil in a bullish represented a strong trend in price ascending channel Bzoaah strong tendency to frame the four hours, but for the context of daily time and also explaining the crude trading component of bilateral bottom model - Double Bottom where crude settled at existing levels of support at prices of $ 44 before rise to the levels of the neckline or Neck Line at $ 54.80 area, which is already at levels which trades crude then now, which makes us wait for the breach and enter buy once daily closing crude higher neckline levels target price of $ 61 as a first target and then 69.30 Lama failure model or alternative scenario is back again for trading lows of $ 49

[horfx]

The price of oil shows a narrow trading range since this morning stable above the level of 52.05, the bullish trend remains valid and effective for the day, and the price gets a positive signal from the intersection of stochastic reinforce expectations initially targeting the 54.45 level.
*
50 supports the proposed rise moving average, which requires continuing stability above 51.50.

[ng1985]

pair- oil
time frame to analysis- m30



parabolic sar is in the down trend side but the price is having support at 51.55 level. the fibo support 50.0 is also and price is moving up side. if this is break the resistance at 53.15 level then long with profit target at 55.00 and stop loss at the 51.33
good luck

[John202]

Crude oil prices saw a rise for the second straight session, under the positive performance of crude oil over the past week with the decline in crude production operations by the United States, which may contribute to support prices on the rise, the price of oil at the beginning of Asian trading on Monday rose after hearing strong on Friday, at a time when traders increased bets the financial markets on the rise in the price of oil amid a slowdown in drilling operations in the United States, forecasts suggest that prices may not fall more than this in the short to medium term, but the outlook does not support higher prices in the long run With global glut of crude oil with increased production in the United States and other countries producing raw
Technically: Crude oil was able to configure the head and shoulders inverted on Alfrem daily penetration neckline and closing above a candle on and we expect more of the Ascension on oil during the coming period to levels of $ 60 a barrel, while retaining the stop loss closing candle on the lowest neckline and also below the uptrend on the Frame The Daily which was lower levels of $ 50 a barrel

[fatdog]

Today,Initial support at 100.00 (Intraday Support) followed by 98.00 (Intraday Support). Initial resistance is now at 103.00 (Intraday resistance) followed by 105.00 (Intraday Resistance).

[John202]

For oil has oil futures rose on Thursday as strong German economic data and uncertainty surrounding the negotiations on Iran's nuclear program, despite the fact that a stronger dollar curbed the recovery of oil prices after the Haute 6 percent in the previous session, jumped International Brent crude 4 percent decades During dealings with the rise of European stocks with the support of a strong German data for industrial output, trade and payment of Greece loan from the International Monetary Fund, and received oil markets also in support of Iran's announcement that it would not sign nuclear deal if you do not raise the same day all the sanctions imposed on it because of the dispute over its nuclear program But the rise of the dollar, boosted by expectations of an increase in interest rates this year under the oil gains and ended Brent for May delivery trading session high $ 1.02, or the equivalent of 1.84 per cent to settle at US $ 56.57 a barrel after during the session recorded a level far higher at $ 58.02, The US oil futures rose 37 cents, or 0.73 percent, to close at $ 50.79 a barrel after US $ 52.07 during the session recorded. And the closure of US crude on Tuesday near $ 54 was the strongest since the thirtieth of December
Technically oil continues to be corrected during the rookie who is the trend we are seeing on the crude and is now approaching levels build on the uptrend and including the downside correction to that end we see a good buy Centers for raw with his arrival at the uptrend on Frame four hours to stop Khosaah is to break the trend shown and becomes the pair subsequently to target Almovinj 120 levels are either targeted at 52.20 and then to $ 53.20

[horfx]

The price of oil constantly fluctuate around 50 SMA in a narrow path since this morning, waiting for the resumption of the bearish wave, which is designed to test the 48.65 level mainly.

Expected trading range for today is between: support 48.45 and resistance 52.35

The tendency for this year is expected today: Down

[dareking]

Oil par trading maine jayda to nahi kari hai, lekin jitni bhi trade ki hai, utne mein maine ek cheez dekha hai, agar acha paisa kamana hai, aur bada investment hai, to fir Oil par hi trading karna chahiye, jayda move hota hai bhai.

[horfx]

The price of oil is being re intraday previously breached support which turns into resistance now at 51.65 testing process, and as we pointed out in the morning, stability below this level keeps the bearish scenario persists to this day, waiting for targeting mainly the level of 48.45.