Oil

[TomaSS]

If we analyze the daily chart of oil prices is much closer to the long-term horizontal resistance 97.00, this mark was trying to overcome the oil 3 times already but it ended in failure, now is the beginning of a new southern waves also swept a sell signal as the MACD on the daily and 4 hour charts.

[Kerber]

Oil still more growing now, but the short-term chart shows that there is a breakdown of the support level of 96.50 and a very good fix for 5-15 min schedule, so I think the market with a minimum stop., If you're lucky you can turn gray $ 1 ...

[luvestruck7]

Crude is in buying mode since last two weeks and it will see some more uptrend in coming days. For today it can buy above $96 for a target of $97.5 and then the second target for $98.5.
Hold for long term till $101.5

[vetman85]

As you see in my following attached chart, the pair traded between a high of 97.34 and a low of 95.49, closed at 96.91. Today the commodity trades below the resistance line of 98.00.
Downside Scenario: If the resistance line of 98.00 holds, a decline to the levels of 96.00, then 95.00 could be seen.
Upside Scenario: Any break above the resistance line of 98.00 could mean a rise to the levels of 99.00 then 99.90.

[sajid ali]

well dear in oil you can not do trade with little invest because you will need 100,000 capital for doing a better trade in the oil because in this trading center oil has commission and swap both for company because there is no any spread company will take commission from your all order that is right and you can not earn well in this oil so better is that do trade in other stock or in other currency pair ok

[sarfrazali]

oil should be marking out the first leg of a larger correction.I think that something is not quite right - it may be the american holiday, but it seems that everything is out of sync - at least today. I think oil will continue to rise......................

[mark48]

technical analysis for oil for 21.05.2013 using 1 h chart

sell 96.80
tp 96.60
sl 97.00

[noga mansour]

Pivot levels today:
R3: 99.52
R2: 98.43
R1: 97.65
PP: 96.65
S1: 95.78
S2: 94.68
S3: 93.91
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 98.43.

[forexgroove]

Crude Oil (Jun 13) intraday: further upside.

Pivot: 95.20
Our preference: LONG positions above 95.2 with targets @ 97.1 & 98.
Alternative scenario: The downside penetration of 95.2 will call for 94.4 & 93.25.
Comment: the June Crude Oil stands within a bullish channel.

[amnag]

i am like to sell oil @ 96.95 right now
my stop loss of the day @ 97.27
half take profit @ 96.55
and half @ 96.27