Oil

[Lily]

Crude Oil. The trend remains bychey.Moya Pivot at 92.80, sliding alligator look to the north.-preference: Long positions above 92.80 (the lower area of fractals) with targets 94.3 and 95.1.Alternative scenario: The downside penetration of 92.80 will call for 92.00 and 81.50.Analysis: Do not even ruled out the possibility of continuing consolidation, it should be noted that it will be negligible.

[afzal534]

My trade idea during today's EU session on Crude Oil is:

Mostly long positions above 104.3 with take profits at 106.5 and 107.5 in sight. Alternatively if there is an downside penetration of 104.3, then it would call for a slide towards 103.5 and 102.

The intraday support around 104.3.

---------- Post added at 08:16 AM ---------- Previous post was at 08:15 AM ----------

interesting analyst, US, france and britain looks like gonna continue attack to libya, eventhough russia adn china dont agree with that.
i heard from the news, britain is gonna prepare their tornado air force

[vetman85]

As you see in my following attached chart, oil traded between a high of 93.85 and a low of 91.11, closed at 93.30. Today the commodity trades below the resistance line of 94.50
Downside Scenario: If the resistance line of 94.50 holds, a decline to the levels of 92.50, then 91.30 could be seen.
Upside Scenario: Any break above the resistance line of 94.50 could mean a rise to the levels of 95.30, then 96.50.

[forexgroove]

Crude Oil (Jun 13) intraday: bullish bias above 91.1

Pivot: 91.10
Our preference: LONG positions above 91.1 with 94.3 & 95.1 as next targets.
Alternative scenario: The downside breakout of 91.1 will open the way to 90.3 & 89.3.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

[amnag]

i am going to sell oil @ 92.97
my stop loss of the day @ 93.13
my half take profit of the day @ 92.82
and half @ 92.62

[noga mansour]

Pivot levels today:
R3: 94.86
R2: 93.23
R1: 92.42
PP: 90.80
S1: 89.96
S2: 88.32
S3: 87.51
Comment: Price now is above the daily and weekly pivot levels, and also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 94.88.

[Lily]

Crude Oil forward: further growth.- Pivot at 90.30 (below the blue slip).- Preference: a breakthrough 92.00 with targets 92.40 and 93.00.Alternative scenario: The downside penetration of 90.3 will call for 89.3 and 87.8.Analysis: Do not even ruled out the possibility of continuing consolidation, it should be noted that it will be negligible.

[Nortigo]

Oil is now worth catching southern lights out on the daily chart clearly shows that the price went up to 200 moving around which is also horizontal resistance 92.00 figure, around these levels are already noticeable full stop, on 4-hour chart MASD showed a sell signal, the goal-89.40.

[kalam01]

Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...

[himu03]

Main ye thread OIL ke discussion ke liye bana raha hain.