Oil

[vetman85]

The price of the crude oil achieved a strong break below the main bullish channel�s support and settled below it, this support turns now into resistance at 102.85, and holding below it will keep the negative pressure valid on the near basis. Stochastic shows clear oversold signals, which might assist in turning the price back to the bullish track, therefore, we need to stay aside temporarily waiting for today�s close according to 102.85.


---------- Post added at 05:14 PM ---------- Previous post was at 01:01 PM ----------

Update:
The price of the crude oil trades positively since morning affected by Stochastic positivity and approaches from retesting the previously broken main support which turned into resistance at 102.85, and as we mentioned this morning, we need to monitor the price behavior according to the mentioned level, to confirm the next trend clearly, where breaching it will provide positive targets that begin at 104.55

[amnag]

today i like to buy oil @ 102.65
my stop loss of the day @ 102.47
half take profit for today @ 102.91
and further half take profit @ 103.40

[javeed]

Daily pivot Fibonacci points: Resistance levels: R1: 103.58 R2: 103.91 R3: 104.58 Support levels: S1: 102.26 S2: 102.00 S3:101.45

[fx3g]

time frame- M30
oil price is not break the resistance at the 103.75 and again its up movement is rejected to the down side. now the rsi indicator is moving below the 30 level so some up movement can be expected but it not able to break the resistance of the pivot point at 102.83 and again turn to down side.
trade type-short
target@101.80
stop loss@103.40
good luck.

[amnag]

today i like to buy oil @ 103.10
my stop loss of the day @ 102.77
half take profit for today @ 103.43
and further half take profit @ 103.73

[chanabian47]

Hi dear oli aik commodity hay lakin instaforex yeh MT 4 per iss ke trade nahi kee ja sakti hay iss liya iss kay barya main kiya discuss karian dear oil bhee asy hi aik trade hay jisay ke dosri trades ham kartay hain dear agar app oil ke trade main intrust rakhtay hain tu app ko iss kay broker app kay apnay coutry main bhee mill jain gay .

[vetman85]

The price of the crude oil touched the sideways range�s support and bounced higher from there, which is considered as a signal for a potential positive trading on the intraday basis, our targets begin at 105.15, and extend towards 107.05 in case breaking the previous level. Therefore, the bullish bias will be expected for today, unless witnessing a break and stability with a daily close below 102.65


---------- Post added at 02:44 PM ---------- Previous post was at 09:57 AM ----------

Update:
The price of the crude oil shows slight positive attempts after holding above the sideways range�s support 102.65, keeping our positive expectations efficiently for today, waiting for targets that begin at 105.15, while achieving them requires holding above 102.65.

[ufs]

Oil going on 98 , I hope it will increase and gonna reversal for 100 , then 105 and it gonna touch 100 in coming days but after some correction, not like rocket ..............

[fx3g]

time frame- M30
price of the oil is continue in the down trend direction but hold at the daily support 102.50 level and moving up side with breaking the pivot point at 103.07 but now the rsi indicator is turn down side so price falling expected.
trade type- short
target@ 102.00
stop loss@103.80
good luck.

[amnag]

today i like to sell oil @ 102.93
my stop loss of the day @ 103.13
half take profit for today @ 102.75
and further half take profit @ 102.55