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Thread: Oil

  1. #1245
    Senior Member nogael_77 will become famous soon enough nogael_77's Avatar
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    sell at 93.16 with targets at 91.98 and 90.51, but in case of breaking the level 93.92, then buy above this level with targets at 95.00 and 96.26

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    Senior Member muscle fx will become famous soon enough muscle fx's Avatar
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    Oil on Thursday became one of the biggest losers among commodities as oil closed at NY session around $ 98, down nearly -2% for the day, along with the CRB index down -1.17% in the NY, printing new lows 2013 , despite the fact that gold managed to close in the positive region.
    Gold "brought a purchase offer from the sell off in equity. If this is the beginning of a new market for a while then the weakness of gold should end for a while and if it can break back into the downward trend recently, it has the potential for a substantial rally, "analysts showed.

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

    Pivot: 94.25
    Our preference: SHORT positions below 94.25 with 92.6 & 92 as next targets.
    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, look for choppy price action with a bearish bias.

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    Oil ka baray me bay kho ga qk abhi 2 din se rate kafi neachay chlla gia ha but ab lagta ha k ab oil upper jay ga is ly bay lagao but stoop loss zaroor lagana.nice a good day.

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  5. #1241
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    in the h1 time frame the price is moving in the channel pattern. the resistance is 93.50 and the support is 92.50 we can trade in the break out direction but this is also oversold so it will try to break the resistance at 93.50 and move to 95.00 level.

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  6. #1240
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    Crude Oil (Apr 13) intraday: the downside prevails.

    Pivot: 95.05
    Our preference: SHORT positions below 95.05 with 93.45 & 92.6 as next targets.
    Alternative scenario: The upside breakout of 95.05 will open the way to 95.7 & 97.5.
    Comment: as long as 95.05 is resistance, look for choppy price action with a bearish bias.

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  7. #1239
    Senior Member muscle fx will become famous soon enough muscle fx's Avatar
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    Crude oil can not escape the same fate as other commodities, with the largest decline witnessed last night as the FOMC has done little to address concerns about the all-out siege on commodity prices. While yesterday's report is the focus of the re-testing of the 97.00 level - a figure which is now seen as really achieved today - the price of crude oil has fallen below the level of 94.00 and traded at just USD $ 93.80 / bbl at during the European trading Thursday

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  8. #1238
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    the price of oil lose another this morning and trying to achieve some recovery now
    as close the first main objective overall is expected at 93.50
    still bearish trend waiting for this day

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  9. #1237
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    in the h4 time frame this pair is break the lower side support at 95.20 and continue moving down. at the time stoch is also giving us short signal. we can short this pair with the target 92.00 and stop loss is above the 95.20

    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.


  10. #1236
    Senior Member nogael_77 will become famous soon enough nogael_77's Avatar
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    sell oil at the level 94.32 with targets at 92.76 and 91.98, but in case of breaking the level 94.73, then buy above this level with targets at 96.29 and 97.49

    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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