Thread: Oil
WTI hindered by the 50-day SMA
WTI crude oil was rejected by the 50-day SMA yesterday, now retest the broken rising support and horizontal reisiten 94.55. Bearish bias could continue after this correction, since settling below 94.50 support the bearish scenario, where the market could see another boost to the 50-day SMA. At the moment, crude oil prices is negotiating a USD $ 93.40 / barrel.
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According to my knowledge that in order to gain advantage for days in a row then it should be supported by risk aversion and cost reduction m. And the amount traded is below $ 80 at the most cheapest rate. Thank you.Originally Posted by Anytime
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oil ak acha and storing he magar khuchu dino se oil ki value low ho kar 98 pay aa gai he agar oil ko business kro tu value ko mad-e-naraz krhte ho work krn value achi tu profit acha wrna loss ho skta he
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.
Pivot levels today:
R3: 97.41
R2: 95.90
R1: 95.12
PP: 93.61
S1: 92.81
S2: 91.31
S3: 90.53
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 91.31.
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.
\\\\\Crude Oil still dominates the downside.Our pivot point stands at 94.50 (above the upper fractal).-Opinion: Short positions below 94.5 with targets 92.9 and 92.05.Alternative scenario: The upside penetration of 94.5 will call for 95.2 and 95.65.Analysis: In the short term, the trend is still downward at a steady downward momentum.\\\\\\
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.
Acrylic should be the first step of the markup more secure. Should I delete the color more than 94 (94.15) 94. 15-95.50 ahead of ninety-six. 00. I have for sale throughout 94. 25 will definitely be completed after 100 pips profit.
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.
As you see in my following chart, oil traded between a high of 95.88 and a low of 94.11, closed at 94.44. Today the commodity trades below the resistance line of 94.80.
Downside Scenario: If the resistance line of 94.80 holds, a decline to the levels of 93.20, then 92.00 could be seen.
Upside Scenario: Any break above the resistance line of 94.80 could mean a rise to the levels of 95.60, then 96.40.
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.
hi
the oil will also rise because many of its debt crisis in Europe and America,
and watch out for tomorrow and the next day because there is news that can make the oil move.
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.
Pivot levels today:
R3: 97.11
R2: 96.37
R1: 95.29
PP: 94.57
S1: 93.51
S2: 92.77
S3: 91.71
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 92.77.
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.
Ge han oil be forex trading me bedi ahmiyat rakta he oil kay sath be trading ke ja sakti he is lay kay is ka istmal bohat ahmeyat rakta he khas kar ye in logon kay lay jo arab me rahtay hin in logon kay liay be forex bohat zida ahmiyat rakth he
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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