Oil

[asu_momod_india_jamput]

I think the resistance level at 92.04 can be a critical point for Oil today. If Oil can break that resistance level, Oil may goes up to the next resistance level at 93.61. But if fail to break that resistance, Oil may falls to the support level at 90.76

If we look on the chart now, we can see that Oil is trying to break the resistance level at 92.04 now. Then, if Oil can break that resistance level successfully, I think Oil may continue going up and the next target is at around 93.61 as the next resistance level of Oil.

[advance]

in the M15 time frame the price is rejected from the resistance at 91.95 and now it is moving down side. it is also break the lower support at 91.50 we can short this pair to the target 90.95 with the stop loss 92.00

[ansari123]

the death of venezvala president deemed the market and crude oil also dropped with other commodities .the level of 90 looks very solid on the downside and if it hold on to this level market can be reversed and 94.30 could be tricky otherwise it may fall towards 87.80 if it breaks 90$

[forexgroove]

Crude Oil (Apr 13) intraday: the bias remains bullish.

Pivot: 90.80
Our preference: LONG positions above 90.8 with targets @ 92.05 & 92.9.
Alternative scenario: The downside penetration of 90.8 will call for a slide towards 90.2 & 89.55.
Comment: the double bottom pattern calls for further gains.

[amni571]

Previous July 25′s low (1.5450), July 12′s low (1.5390) as well as 1.5267 (1st of June�s low) have been broken so quickly leading towards 1.5075 (the new weekly opening).
Yesterday, the GBP/USD headed towards 1.5165 in order to fill the downside gap that existed in the weekend.
Nevertheless, the daily closure we got on Friday...

[Murraj]

At 1 hour chart oil is beginning to sort of draw uplinks price .. now found itself in a strong resistance at 92.00, so I think to buy a little bit early ... but if you have to be attached above 92 dollars, you can count on the continued growth of 93.40. ...

[asu_momod_india_jamput]

Oil had broken the resistance level at 90.76 yesterday. With that breaking, now I think Oil still in bullish sentiment and has a potential to continue. So, I expect Oil will try to reach the next resistance level at 92.04 or higher.

[muscle fx]

� U.S. crude rose more than $ 1 a barrel on Thursday trading session as the release of data that weakened U.S. unemployment benefits beyond expectations and the weakening dollar.

� Brent oil edged higher, but the system restarts North Sea pipeline restrict reinforcement to London crude futures contract.

� The decline is happening with data last week initial claims for U.S. unemployment benefits fueled optimism about the pace of recovery in the world's biggest economy.

� Europe rose after the European Central Bank left its benchmark interest rate unchanged and Spanish bond auctions were successful ease some investor concerns about the euro zone.

� Brent rose by 9 cents per barrel covered with a value of 111., 15 dollars. U.S. crude rose 1.13 dollars which was closed to the value 91.56 dollars per barrel.

[forexgroove]

Crude Oil (Apr 13) intraday: the bias remains bullish.

Pivot: 90.55
Our preference: LONG positions above 90.55 with targets @ 91.9 & 92.9.
Alternative scenario: The downside penetration of 90.55 will call for a slide towards 90.15 & 89.55.
Comment: the RSI has just landed on its neutrality area at 50%.

[advance]

in the m30 chart this pair is start to move in the down channel it is having the resistance at 91.50 if this resistance is break then it will move to the higher resistance side at 91.70 we can long oil with the stop loss at 91.00