Thread: Oil
Update:
The price of the crude oil succeeded to bounce lower after fluctuating near the sideways ranges resistance, keeping the morning suggested scenario valid as it is, and Stochastic negativity supports achieving more of the intraday decline. To recognize more details about breaching one of the mentioned sideways ranges lines, please take a look at our morning report.
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today i like to sell oil @ 107.90
my stop loss of the day @ 108.27
half take profit for today @ 107.63
and further half take profit @ 107.43
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The price of the crude oil found good resistance at the EMA50, which supports the continuation of the sideways trading on the intraday basis, where we remain suggesting the domination of the sideways range between 108.75 resistance and 106.00 support. Stochastic negativity supports the chances of providing some bearish bias now, and we remind you to monitor the price behavior when attempting to surpass one of the mentioned sideways ranges lines, where breaking the mentioned support will make the decline extend towards 102.65, while breaching the resistance will provide positive motive to visit initially 110.70 then 111.80
---------- Post added at 02:29 PM ---------- Previous post was at 01:05 PM ----------
Update:
The price of the crude oil is fluctuating in sideways track since morning, finding an intraday resistance at 108.00, while our expectations of the sideways trading continue in the upcoming period, between 108.75 and 106.00.
---------- Post added 09-13-2013 at 06:51 AM ---------- Previous post was 09-12-2013 at 02:29 PM ----------
The price of the crude oil showed positive trading and settled at the sideways range resistance at 108.75, after an attempt to breach this level yesterday, which keeps the sideways trading scenario valid until now, this range borders represented by 108.75 resistance and 106.00 support. We remind you that breaching above 108.75 will open the way to target 112.00 areas initially, while breaking 106.00 will push the price towards the most important support at 102.65
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
today i like to sell oil @ 108.88
my stop loss of the day @ 109.12
half take profit for today @ 108.58
and further half take profit @ 108.35
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Daily pivot Fibonacci points: Resistance levels: R1: 108.04 R2: 108.40 R3: 108.98 Support levels: S1: 106.87 S2: 106.51 S3: 105.92
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Update:
The price of the crude oil provided clear positive trading approaching from the sideways range resistance that we mentioned this morning at 108.75, while we still expect the continuation of the sideways trading between 108.75 and 106.00 until succeeding to surpass one of these levels and then getting clearer signals for the next trend.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Daily pivot Fibonacci points: Resistance levels: R1: 108.51 R2: 109.11 R3: 110.08 Support levels: S1: 106.57 S2: 105.97 S3: 105.00
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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