Oil

[Irika]

The main trend of the oil is still the south, after the breakout of a strong level of 81.12 the price is trading virtually unchanged, to wait for the approach to any of the levels, but still I think it would be a further decline, the Ichimoku signals three signal lines to continue falling.

[sobissa]

Oil reached a record drop to levels which resides at areas of support standard I expect that we start to see a strong rise again and because of this crisis in the Middle East, especially if Europe and America has imposed more economic pressure on Iran

[yogesh]

Weekening global economic conditions are certainly putting pressure on commodities and the commodity what is affected most is going to be oil, i think trend will remain bearish until we get encouraging signals from major economies like china, usa and india.

[shiva]

But the scenario will be fail if this pair went lower than 77.75

you need near correction be Pivot point: 78.00 Our Preference: LONG positions above 78 with targets @ 80.25 & 80.95.
Alternative scenario: The downside penetration of 78 will call for 77.8 & 77.5

[Olig]

After the sharp fall in oil prices last week made ​​a small corrective movement to the north and resumed the fall, and is now trading near its local minimum, while considering two options-hang (objective 80.36), and the breakdown of this level (to 75.00).

[maroc89]

Weekly

The trading range for this week is expected among the major support at 76.00 and the major resistance at 86.35.

The short-trend trend is to the upside with steady trading above 78.00, targeting 104.65 and 110.55.

---------- Post added at 02:57 PM ---------- Previous post was at 10:28 AM ----------

buying oil around 79.90 targeting 81.00 and 82.30, stop loss below 78.70.

Support 79.90 77.00
Resistance 80.65 83.00

[mahmoud mohamed tawfik]

long positions at 80.4900 with 82.3600 target

the breakout of 78.7800 will call for a slide at 76.5300

[shiva]

A today strategy: Pivot: 78.75 Our Preference: LONG positions above 78.75 with 81 & 82.6 as next targets. Alternative scenario: The downside breakout of 78.75 will open the way to 77.6 & 76.2.

[arif01]

I can easily trade with Forex online trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge.

[Macintosh]

Yes indeed very crude to fall down on Friday was a day haul, but I suppose that in such a market pullback will be no more than 81. dollars if the price podnimetsa above, most likely the trend will change in the corridor, so that 81 dollars regard as resistance ...