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Thread: Oil

  1. #625
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    Name: ScreenHunter_01 Aug. 12 23.48.jpg Views: 9 Size: 72.3 KB

    the price of oil is, as you can clearly see, slowly slowly moving up and reaching the previous high. i think it is natural to see this because the oil price has been moving down and quite big too. so i think the bias of the market is currently leaning toward uptrend. however, we must be careful of a potential retracement.

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    At last week's oil industry has done a good push to the north, is now seen strong support for de levels of 90.80 and 91.80 .. so waiting on the graying of the week to continue the growth of these marks ....
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    Oil is touching the resistance level at 93.61 now.
    If Oil can break this resistance level, Oil may goes up to the next resistance level at 95.21

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  4. #622
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    Also on the oil, I continue to hold a long position, a deal done on a trend, here finally came to an end correction of the southern and northern movement was resumed, my first goal will be about 94.45.

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    The short term trend of the Oil is to the upside. Intraday trading range of the Oil is expected among key support at 91.55 and key resistance at 97.70. Based upon my chart analysis, I prefer to buying the Oil with four hour candle closing above 93.80 with targets 95.80 then 97.70 and stoploss with four hour candle closing below 92.65.

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    The general trend of the Oil is to the upside. The movement of the Oil for today is among major support at 90.50 and major resistance at 95.00. According to my chart analysis, my opinion is to buying the oil around 91.05 with targets 92.20 then 93.40 and stoploss with four hour candle closing below 90.30.

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  7. #619
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    Oil today is very much went to the north, and even managed to overcome week high and the level of 92.50, after such growth usually begins correction of the south, and it will need to catch the cart, you can forget about the sale.
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    The short term trend of the Oil is to the upside. Intraday trading range of the Oil is expected among key support at 90.50 and key resistance at 95.00. Based upon my chart analysis, I prefer to buying the Oil around 91.05 with targets 92.20 then 93.40 and stoploss with four hour candle closing below 90.30.

    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.


  9. #617
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    Yes indeed prices have gone a little bit on top, beautifully worked for the level of 90.80 and is now number one goal is 92.80 ... whether more can be sure until some time in the hallway bargain 90.80 -92.90 ... but with the prospect of long-term growth ..
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  10. #616
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    The short term trend of the Oil is to the upside. Intraweek trading range of the pair is expected among key support at 88.90 and key resistance at 97.50. Based upon my chart analysis, I prefer to buying the pair around 89.85. with targets 91.50 then 93.40. and stoploss is below 88.75.

    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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