Oil

[forexgroove]

Crude Oil (Jun 13) intraday: bullish bias above 92

Pivot: 92.00
Our preference: LONG positions above 92 with 93.85 & 95.1 as next targets.
Alternative scenario: The downside penetration of 92 will call for a slide towards 91.1 & 90.3.
Comment: the RSI is mixed with a bullish bias.

[vetman85]

As you see in my following attached chart, Oil traded between a high of 93.56 and a low of 92.08, closed at 92.88. Today the commodity trades below the resistance line of 94.50.
Downside Scenario: If the resistance line of 94.50 holds, a decline to the levels of 92.20, then 91.30 could be seen.
Upside Scenario: Any break above the resistance line of 94.50 could mean a rise to the levels of 95.30, then 96.50.

[gbp]

time frame- H1
the price is making triangle chart pattern. it has a resistance at the 93.70. this resistance may be not break and price may be move lower side we can short this pair. it may be falling to the support at the 92.00

[Lily]

Crude Oil remains bullish bias up 93.50 (upper area of fractals). Our pivot point stands at 92.46. - Preference: Long positions above 92.46 with targets 93.85 and 95.1.Alternativny scenario: The downside penetration of 92.46 will call for 92.00 and 1.50.

[noga mansour]

Pivot levels today:
R3: 95.12
R2: 94.33
R1: 93.62
PP: 92.83
S1: 92.12
S2: 91.32
S3: 90.60
Comment: Price now is the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may prise to 96.15.

[afzal534]

the daily close yesterday was the first signal that the market may face another
drop toward the 97.35 , however this need the market to break below the 100.15 and to have daily
close below the 100.90 , if this happened we will enter the market with short(sell) trades , but as long
as the daily close above the 100.90 the uptrend will continue

Daily Trend: UP
Weekly Trend: UP

[niloy12]

A higher static correction. Shroud many remove color selection finished 94 (94. 15) downwards

[afzal534]

A higher static correction. Shroud many remove color selection finished 94 (94. 15) downwards because of 94. 15 seventy eight. 50 once more prior to an ninety-six. 00. Ive will provide items with the help of 94. 30a more robust correction. Should destroy finished 94(94. 15) following 94. 15 for the purpose of 95. 50 ever again previously ninety-six. 00. May very well merchandising standing through 94. 31 and often will enclosed subsequent to 100 pips turn a profit

[NASHED]

Crude Oil
rebound of about 93 will drop it to 84 and then 82
When breaking the 78 opens the way

[gbp]

time frame- H4
the price break the resistance trend line at price is making a doji pattern at the fibo 61.8 level so down movement is expected. we can short oil with the stop loss at 94.80 and target is 88.50