Pivot levels today:
R3: 98.21
R2: 96.87
R1: 95.93
PP: 94.59
S1: 93.65
S2: 92.31
S3: 91.37
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 96.87.
Thread: Oil
Pivot levels today:
R3: 98.21
R2: 96.87
R1: 95.93
PP: 94.59
S1: 93.65
S2: 92.31
S3: 91.37
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 96.87.
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The price of oil is now in a kind of uncertainty is attached above the support level of 94.70, but you can see what lies ahead is a lot of resistance ... so I do not think it will stick to the top ... I think the movement is not quite sure, with deep setbacks, and direct it to determine the breakdown levels 94.70 or 95.60 ...
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This week crude oil be seeing some buying from each dip, so start buying crude oil on each dip , for today you can buy at $94 for a target of $95.5 and $96.10 if it holds for another week then crude will be go up to $101 with out any hesitant.
oil humara mulike ke sab sa bari zurat hia.aj ka zamanay sa dakha jay to hum oil ka baghar ak kadam be ni chal saktay.kyou ka ab her ger ma car motercycle bus or bohat se or things ma be use ho raha hia.es leay humary pakistain ko he ni bilk her mulke ko oil ke zurat hia.
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Crude Oil (Jun 13) intraday: further advance.
Pivot: 94.05
Our preference: LONG positions above 94.05 with 95.6 & 96.2 as next targets.
Alternative scenario: The downside penetration of 94.05 will call for 93.25 & 92.1.
Comment: the RSI is above its neutrality area at 50%.
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buy oil now to make some good profit...buy between 94.40 to 95.00
take profit 97.00
stop loss 92.13
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The gas is the observation and the first part of the much larger static correction. Greater than 95 (93.18) lower than 97. 15 90. Only 50 of ninety six. 00 I have the display in 97. 20 and could soon 100 cores.
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Crude Oil Rebound.
Our point spread is at the level of 94.85
Our preference: BUY higher 94.85 with the target points 94.90 and 95.7.
Alternative scenario: break down the level of 94.85 will open the way to 92.1 and 91.4.
Analysis : the RSI is mixed, but rather has a bullish trend.
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Doller weak honey ki waja se oil ki price kafi charh gai hain or ye 94.50 tak chala gaya he oil me trading karna bohat mushkil he me to kafi bar los karwa chuka hon
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Crude Oil (Jun 13) intraday: rebound in sight.
Pivot: 93.25
Our preference: LONG positions above 93.25 with 94.5 & 95.6 in sight.
Alternative scenario: The downside breakout of 93.25 will open the way to 92.1 & 91.4.
Comment: the June Crude Oil stands above the 50% fibonacci retracement level at 93.25. The upside prevails, as long as 93.25 isn't broken.
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