Oil

[Gamabunta]

OPEC noted that the United States productivity of shale oil could see a decline by the end of this year, while keeping them on the global demand for oil rates unchanged, and that according to the monthly report of the organization, and oil prices have seen a decline in the beginning of the week to reach the level to $ 42.39 a barrel in light of the ongoing between Iran and Western powers nuclear talks, but quickly saw great prices rebound after Fed statement to reach the highest level throughout the week at $ 46.25 a barrel. With a high oil price forecast to $ 70 a barrel by the end of the year.

[pritishahfx]

Crude Oil confirms the break – Analysis - 12/03/2015

Crude oil price confirmed breaking the sideways range’s support, which turns into resistance now at 48.65, to open the way towards trading negatively in the upcoming trading, where we wait for heading towards 46.25 level as a next main station.

Note that the price finds strong support at 47.90, which represents 61.8% Fibonacci correction level of the bullish wave that appears in the image, therefore, breaking this level required to confirm the continuation of the bearish trend, taking into consideration that breaching 48.65 level will stop the current negative pressure and pushes the price to recovery attempts that its main targets begin at 51.20.

Expected trading range for today is between 46.25 support and 50.00 resistance.

Expected trend for today: Bearish

[ng1985]

pair- oil
time frame to analysis- m30



the major trend of the price is down side and correction side from the support at 47.50 level. the rsi is again down side and price may break the pivot point. if this is move below the 48.25 level then short with profit target at 47.00 and stop loss at 49.40
good luck

[pritishahfx]

Update: Crude oil breaks the first support

Crude oil price broke 47.90 level and settles below it now, opening the way to extend the bearish wave to target 46.25 level as a next main station.

Therefore, our bearish bias expectations will remain valid for the rest of the day, supported by the EMA50.

[bassem]

i was so surprised this year when oil has down to the half affected by the political clashes by the two powers the west and th east ..

[pritishahfx]

CRUDE OIL TECHNICAL ANALYSIS – Prices continue to decline after taking out rising channel support. A break below the 38.2% Fibonacci retracement at 56.18 exposes the 50% level at 54.08. Alternatively, a turn above the 58.17-78 area marked by the 23.6% Fib and the February 6 close targets the 14.6% retracement at 60.38.

[ng1985]

pair- oil
time frame to analysis- m30



the rsi indicator is moving out from the oversold level 30 and the price is may making double bottom at the support 48.20 level. if this is break resistance at 49.00 level then long with profit target at 49.80 and stop loss at 48.00
good luck

[si102224]

oil trading pairs main sa sab say aik best pair ha yeh bhe gold aur silver ki tarha profitable pair ha yahan bhe gold aur silver ki tarha hum acha profit earn kar saktay han but es ki price day by day brke ho rahe ha ab to es ka support level 49.00 say 51.00 k near ha oil profit able ha my dear

[pritishahfx]

Crude Oil holds above the support – Analysis - 11/03/2015

Crude oil price kept its stability above the sideways range’s supports after yesterday’s attempt to break it, to keep the sideways range dominating the intraday trading between 48.65 support and 51.20 resistance, waiting for some bullish bias moves in the upcoming trading, and breaching 49.20 level will support targeting the mentioned range’s resistance.

We should be aware that stochastic shows negative signal now that might push the price to new attempts to break the above mentioned support, in general, confirming breaking this support will push the price to suffer losses reach 47.90 then 46.25, while breaching the resistance will allow oil price to achieve positive targets that begin at 52.20 and extend to 54.85.

Expected trading range for today is between 47.00 support and 51.20 resistance.

Expected trend for today: Sideways

[ishvara]

Trading Crude Oil is something that i do on the long term analysis basis. But the main thing for now is that it has stopped @ 50 Dollars per barrel region, It have not been moving for a while.