Oil

[RaKalan]

Oil price offers some minor positive attempts to ****ually move away from the support of the descending channel, which supports the continuation of our expectations to rise during the coming sessions, waiting to visit areas of 87.40 mainly.
Note the importance of stability above 81.85 for the continuation of our expectations for the uptrend.
The trading range for today is between: Support and Resistance 80.80 85.00

[ng1985]

pair- oil
analysis time frame- m30



the price is making lower to low with the rsi indicator lower to low side. its up movement is rejecting down from the pivot point 83.27 level with parabolic sar short signal but rsi is oversold. this will continue down trend with a correction. hold the short entry with stop loss at 83.90
good luck

[aleezabwn]

oil ke trading hai tu thek laken etne best nh hai jitne gold ya phr silver ke trading best hai mje un ke trading zida best lagti hai oil ke trading se kunke mje oil ke trading main kch lose bhe howa tha es liye main tu oil ke trading kam he krta hon,

[achyut]

Daily forecast: OIL 20 Oct. 2014.

Technical analysis for Daily forecast of OIL 20 October, 2014. In Daily chart OIL shows bearish trend. At present OIL breaks 1st support level and going towards the 2nd support level. If 2nd support level breaks then next strong support level is 79.01.

Pivot: 83.27

Resistance levels

R1 84.10
R2 85.24
R3 86.07
R4 86.89

Support levels

S1 82.13
S2 81.30
S3 80.16
S4 79.01

[ng1985]

pair- oil
analysis time frame- m30



the rsi indicator is moving out form the overbought level 80 and the price up movement is also rejecting from the 84.50 level with parabolic down trend signal. if this is break pivot point at 83.54 then short with profit target at 80.20 and stop loss at the 85.00
good luck

[RaKalan]

The price of oil is trading positively significantly since the morning, bypassing the barrier 84.00 now, which supports the continuation of our positive expectations effectively to this day, and that target penetration level of 84.70 to open the way to 87.90, while the remaining list of what is not broken 82.35 level.
The trading range for today is between: Support and Resistance 81.65 85.00

[mikedmontier]

Pair: Oil
Type of analysis: Technical
Time frame: H1
Channel line: Bearish under pivot
Fibonacci Indicator: Bullish retracement
William %R Indicator: Bullish (oversold)

Final decision: Bullish

---------- Post added 10-17-2014 at 02:22 PM ---------- Previous post was 10-16-2014 at 02:57 PM ----------



Pair: CL
Type of analysis: Technical
Time frame: H1
Channel line: Bullish above pivot
Fibonacci Indicator: Bullish expansion
William %R Indicator: Bullish (swing high)

Final decision: Bullish

[RaKalan]

market still holding drop pressure over WTI where Global economic slowdown with reducing expected Oil demand add more drop pressure
market now facing support zone at 75.00 - 77.00 zone which may face good demand if market managed to fell toward that zone

[ng1985]

pair- oil
analysis time frame- m30



the price movement can see in the symmetrical triangle chart pattern with having resistance at 85.55 and support at the 84.00 level. the up movement is rejecting with pivot resistance at 85.15 level. if this is break support then short ith profit target at 83.40
good luck

[RaKalan]

The price of oil resumes trading after the negative sides of the fluctuating since yesterday, upping expectations for the continuation of the downward trend on the intraday and short term, and that target areas mainly 83.50, while required to achieve stability below 90.00.