If target 82.05, 113.49 98.33 eye oil sales is in breach of this level of 100.24 level objectives that buys 77.31, 81.05 Cobalt mattes
Thread: Oil
If target 82.05, 113.49 98.33 eye oil sales is in breach of this level of 100.24 level objectives that buys 77.31, 81.05 Cobalt mattes
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crude oil, the level of 93.00 is not proven to be adequate support, as prices fall below yesterday and apparently the escape velocity. With Thursday's crude touch in the bottoming 92.05 (session low), the price has rallied strongly to $ 92.37 / bbl during European trading.
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Oil price moves in a narrow range either side of the morning
with some minor positive attempt anticipated that up to retest 93.25
overall , our expectations for the list will remain steady decline
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sell oil at the level 92.83 with targets at 91.17 and 90.84, but in case of breaking the level 93.14, then buy above this level with targets at 94.31 and 95.46
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Crude Oil (Apr 13) intraday: the downside prevails.
Pivot: 94.25
Our preference: SHORT positions below 94.25 with 91 & 89.3 in sight.
Alternative scenario: The upside breakout of 94.25 will open the way to 95.7 & 97.5.
Comment: as long as 94.25 is resistance, likely decline to 91.
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price of oil is trading positively remarkable
expected trading range for today between : support 90.25 and 95.20 resistance
general tendency is expected for the day down
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buy oil at the level 93.99 with targets at 95.45 and 96.22, but in case of breaking the level 93.54, then sell below this level with targets at 91.79 and 90.48
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Crude Oil (Apr 13) intraday: key ST resistance at 94.25
Pivot: 94.25
Our preference: SHORT positions below 94.25 with 92 & 91 as next targets.
Alternative scenario: The upside penetration of 94.25 will call for a rebound towards 95.7 & 97.5.
Comment: as long as the resistance at 94.25 is not surpassed, the risk of the break below 92 remains high.
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Oil trading going very good. I already trade on oil. But some time oil value is down and some time is very up. Last time oile is on 101 and now at 98. i like trading on oil. I alread get very good profit by oil trading. But some. I see mostly people use oil trading in the market.
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.
If the oil is at the beginning of the week can be adjusted in the direction of the resistance level otm.95.50, in the area of heavy MA shaped sweet zone for the formation of a short position. Target point to reduce the resistance of 200mA see on a daily taymfere in 92 pieces. That's such a trading plan and will stick to Monday ...
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