Oil

[vetman85]

As you see in my following chart, On the daily time frame, we find that crude oil price remains inside the medium term bullish channel, which supports the potential rising from the current levels, supported by Stochastic.
But the price settles below the EMA50, and trades below 38.2% Fibonacci for the last bullish wave, which might put more negative pressure on the intraday trading.
Now, we prefer staying neutral, and monitoring the price behavior according to 91.75 support and 93.90 resistance, where surpassing one of them will provide more accurate signals for the upcoming trend.

[forexgroove]

Crude Oil (May 13) intraday: the downside prevails.

Pivot: 93.55
Our preference: SHORT positions below 93.55 with 91.3 & 90.5 in sight.
Alternative scenario: The upside breakout of 93.55 will open the way to 94.2 & 94.8.
Comment: as long as 93.55 is resistance, likely decline to 91.3.

[Murraj]

Oil and breathes deeply as ever .... Breathing black gold got up to 92 figures and even when it pierced the lower soybean tenyu.no for more forces is not enough. The trading week ended with a turn "hammer", which in the long run makes the dynamics of growth from these levels. Must wait for confirmation "hammer" and then make a decision on Long.

[Jobs]

Oil is down to the support level otm.92.01 and will now be selling this level so far. until there are more players who will be able to pour money into this asset and return it to growth. I think that we are waiting Flete without any appreciable volatility. Oil to date has found its fair price.

[VANDA_S]

On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take Profit : 92.05
SL : 93.43

[forexgroove]

Crude Oil (May 13) intraday: under pressure.

Pivot: 94.25
Our preference: SHORT positions below 94.25 with 92.15 & 91.3 in sight.
Alternative scenario: The upside penetration of 94.25 will call for a rebound towards 94.8 & 95.6.
Comment: technically, the RSI is below its neutrality area at 50.

[Boran7]

Oil today surprised the very strong southerly decrease, the price of almost effortlessly broke a number of strong support levels and is now coming to the next level but the long-term - 92.00 figure, most likely from the mark and will begin its start as the northern correction Bears need to start a record profit.

[forexgroove]

Crude Oil (May 13) intraday: the downside prevails.

Pivot: 97.85
Our preference: SHORT positions below 97.85 with 95.9 & 95.25 in sight.
Alternative scenario: The upside penetration of 97.85 will call for 98.35 & 98.95.
Comment: as long as the resistance at 97.85 is not surpassed, the risk of the break below 95.9 remains high.

---------- Post added 04-04-2013 at 09:08 AM ---------- Previous post was 04-03-2013 at 11:46 AM ----------

Crude Oil (May 13) intraday: the downside prevails.

Pivot: 96.00
Our preference: SHORT positions below 96 with targets @ 93.6 & 92.8.
Alternative scenario: The upside penetration of 96 will call for 96.9 & 97.85.
Comment: the break below 96 is a negative signal that has opened a path to 93.6.

[Boran7]

Oil is now sandwiched between two sloping levels, and they formed a converging triangle, under the rules of technical analysis to determine the side of the travel price you need to follow what the boundaries of the triangle is broken, probably the northern limit is breached, as is the fall in the dollar index and the 4 hour chart, pair trading above the moving alligator.

[advance]

In the H1 time frame the price is break the support at the 96.60 but it is rejected from the resistance at 97.25 level. it is break this support and hold at the lower support at 96.00. we can hold our long position to the target at 97.20