Oil

[fxabdulrehman]

CRUDE OIL - 5th SEPTEMBER 2013

107.00 watchable

Crude oil is trading around the $107.90 per barrel level as the US is considering only a limited military strike on Syria, easing concerns over a possible spread of the conflict to neighboring countries, lessening the chances of a disruption in oil supplies from the Middle East.

A key Senate panel backed on Wednesday President Barak Obama�s request to strike Syria, yet it gave him only limited authority to use force. Republican leaders John Boehner and Eric Cantor both supported Obama. The Congress is expected to vote next week.

Keeping crude flat is the rising caution ahead of the ECB and BoE rate decisions later in the day. The G20 starts in Russia today and the confrontation between Obama and Putin is expected to be tough.

[master786]

forex daily UPDATE 5.9.13
Crude Oil: Sell below 107.65,TP 107/106.50,SL108.15,BOB108.35
GBP Asset Purchase Facility, EUR Minimum Bid Rate 4.45pm,US Unemployment Claims5.30pm

[vetman85]

The price o the crude oil traded with bearish bias yesterday and settled below 107.40, opening the way towards the return of the preferred intraday bearish trend scenario in our last reports, which targets the sideways range�s support at 102.65. You must be aware that Stochastic positivity might decelerate the decline, thus, it is necessary for the price to remain stable below 107.40 to achieve the waited targets.

[javeed]

aily pivot Fibonacci points: Resistance levels: R1: 108.50 R2: 108.70 R3: 108.90 Support levels: S1: 108.20 S2: 108.10 S3: 108.00

[bakrycoco]

� recipe general, the first stage in the extraction of crude oil is drilled to reach the underground oil reservoirs. Historically, there are some oil wells in America where the oil reached the surface in a natural way. But most of these fields are carried out, with the exception of some limited places in Alaska. And often are drilled several wells to the same warehouse, for economic extraction rate. In some wells are pumping water, steam, or a mixture of different gases to the warehouse to keep an ongoing economic recovery rates.
When you increase the pressure in the underground gas depot so that it is sufficient, then the oil starts to go out to the surface under the influence of this pressure. The gaseous fuel or natural gas often be present under normal pressure underground. In this case, the pressure enough to put a number of valves on the well head to connect the well pipe network for storage, and business operations. This is called the initial oil recovery. And almost 20% of the oil in the reservoir can be extracted in this way.

[tanibutt3]

actuly mary bhai agr hum oil k nam se jany tu isy crud oil kaha jata hai lakin such tu ye hai k isy crocudail kaha jy tubest hai ye kha jata hai trader ku but aj kal oil ki market buht high ja rahi hai kal market buht slow thi ik dip lgai hai jiski waja se logu ku buht sa profit hu gya hai

[vetman85]

Update:
The price of the crude oil made an attempt to breach 107.30 but it remains stable below it now, which makes us continue in our expected bearish trend expectations for today, reminding you that holding above 107.30 will lead to visit 108.70 before attempting to decline again.

[alhelal]

a higher static correction. Shroud many remove color selection finished 94 (94. 15) downwards because of 94. 15 seventy eight. 50 once more prior to an ninety-six. 00. Ive will provide items with the help of 94. 30a more robust correction. Should destroy finished 94(94. 15) following 94. 15 for the purpose of 95. 50 ever again previously ninety-six. 00. May very well merchandising standing through 94. 31 and often will enclosed subsequent to 100 pips turn a profit.

[vetman85]

The price of the crude oil settled below the EMA50, accompanied by a clear negative signal that comes from Stochastic, which encourages us to continue preferring the intraday bearish trend, where it targets the sideways range�s support at 102.65. Breaching 107.30 will open the way for testing the sideways range�s resistance initially at 108.70

[fxabdulrehman]

Usoil making strong resistance at 107.30 , so we recommend selling from cmp (107.10 till 107.30)
sl 30 pips above resistance trgt 106.70-106-105.50 alternatively breaking of resistance can again take oil to high
so we recommend buying above the resistance and trgt 107.73-108.20-109 sl 20-30 pips below resistance