OIL - Page 16
Page 16 of 17 FirstFirst ... 6121314151617 LastLast
Results 151 to 160 of 161

Thread: OIL

  1. #1
    Banned
    Join Date
    Jan 2017
    Posts
    1,819
    Promo (¢)
    0
    Thumbs Up
    Received: 7
    Given: 9

    OIL

    WTI crude oil escaped from the range of the flat with the boundaries 54,00-52,30. As we can see price momentum pierced at the time the support 52.00, and significantly deepened 51st figure, most likely due to a decrease in quotations on the black gold is to strengthen the position of the US currency. In terms of technical analysis is now as spent the first wave, you probably will emerge the second correction to around 52.00 if the rebound will happen, it certainly will continue to decline in the third wave all to the same 50.00.


    Not allowed!

  2. #151
    Registered user
    Join Date
    May 2018
    Posts
    503
    Promo (¢)
    995
    Thumbs Up
    Received: 10
    Given: 1
    Oil price sustained a strong loss yesterday to touch on our new target indicated in our latest technical update at 55.00, and note that the price broke the Fibonacci retracement level of 38.2% for the full height measured from 26.04 to 76.88, which provides signals on the price orientation to target the next corrective level that exists at 51.46.

    Therefore, we are delaying the continued control of the downward trend during the coming sessions unless the level of 57.46 is breached and the stability above it.

    The range of trading expected for the day between 53.40 support and 56.50 resistance


    Not allowed!

  3. #152
    Registered user
    Join Date
    May 2018
    Posts
    503
    Promo (¢)
    995
    Thumbs Up
    Received: 10
    Given: 1
    Oil price trades negatively after testing the 57.46 level yesterday, keeping our expectations for the downward trend list for the day, which is intended to visit the next level of correction that exists at 51.46.

    Breaking the 54.75 level will facilitate the task of achieving the stated goal, while the breakthrough 57.46 will lead the price to start attempts to return to the main track upward again.

    The range of trading expected for the day between 54.00 support and 57.46 resistance


    Not allowed!

  4. #153
    Registered user
    Join Date
    May 2018
    Posts
    503
    Promo (¢)
    995
    Thumbs Up
    Received: 10
    Given: 1
    Oil trades slightly positive to move at the 57.00 checkpoint now, influenced by stochastic positive, but since the price is below 57.46, our downward trend forecasts will remain, as the penetration of this level will pay the price to try to return to the main upward trend and stop the negative pressure Current.

    We point out that our negative targets start at 54.75 and extend to 51.46 after the previous level break.

    The range of trading expected for this day between 55.00 and resistance 58.00


    Not allowed!

  5. #154
    Registered user
    Join Date
    May 2018
    Posts
    503
    Promo (¢)
    995
    Thumbs Up
    Received: 10
    Given: 1
    Oil price continues to fluctuate at axial resistance 57.46 and maintains its stability below it, thus maintaining a downward trend scenario to date, which targets 54.75 and 51.46 levels as the following main stations.

    Point out that penetration levels 57.46 then 58.75 will stop the expected decline and lead the price to restore the main upward trend again.

    The range of trading expected for this day between 55.00 and resistance 58.75.


    Not allowed!

  6. #155
    Registered user
    Join Date
    May 2018
    Posts
    503
    Promo (¢)
    995
    Thumbs Up
    Received: 10
    Given: 1
    Oil price keeps the daily closure stable below the 57.46 level, so our bearish outlook will remain in place for the next period, noting that stochastic loses its positive torque gradually to support the chances of resuming the downward trend, which targets the 54.75 level as a next stop.

    Be aware that penetrating 57.46 will stop the expected decline and lead the price for gains starting at 58.75 and stretching to 60.00 in the near term.

    The range of trading expected for this day between 55.00 and resistance 58.75


    Not allowed!

  7. #156
    Low Cost
    Join Date
    Apr 2018
    Posts
    592
    Promo (¢)
    2,940
    Thumbs Up
    Received: 7
    Given: 2
    Oil prices have risen after all the bearish target were achieved during last week's trades, and it is possible to rise as a type of correction after reaching the lower limit of the upward price channel with support levels of $55.00 per barrel, now trading near $56.50, and forecasts indicate more of going up to target levels of 63.00 dollars a barrel


    While maintaining stop loss of channel levels and support 55.00 downward

    BRENTH4.jpg

    Not allowed!

  8. #157
    Low Cost
    Join Date
    Apr 2018
    Posts
    592
    Promo (¢)
    2,940
    Thumbs Up
    Received: 7
    Given: 2
    Oil prices during yesterday's session were unable to break the $50.00 levels, after touching those levels, but the daily closure at those levels will enhance today's vision of further losses, so we will continue to enhance the expected negative outlook for the upcoming sessions and require for the day not to penetrate the levels of the $53.00 and stability above it, as we prefer to break the levels of 50.00, so as to complete the technically weighted negative state of the day


    Direction: Low-we prefer to break the levels of 50.00 and stability without them


    Support: 50.00-49.00-48.00

    Resistance: 53.00-54.00-55.00

    WTIDaily.jpg

    Not allowed!

  9. #158
    Registered user
    Join Date
    Sep 2018
    Posts
    337
    Promo (¢)
    1,935
    Thumbs Up
    Received: 0
    Given: 0
    bsNogab.jpg
    h4 timeframe :
    well oil is completely bearish and as you see in the chart there in no any support and resistance and market is not in the mood of making pin par aur price action how ever fundamentally market is totally bear so i am hope to enter in the market with the sell position but remeber oil is extreme pair so must used money management

    Not allowed!

  10. #159
    Registered user
    Join Date
    Sep 2018
    Posts
    337
    Promo (¢)
    1,935
    Thumbs Up
    Received: 0
    Given: 0
    gSZkdab.jpg
    time frame: weekly
    i really don't know why oil is bearish with to much pressure market has fall badly from 72 level and no it is on 50$ and i am watching more bear in up coming session how ever market can be bull because of today g20 meeting with good come back of saudi arabia but i will recommend not to trade on oil if trade then with money management and with sl..

    Not allowed!

  11. #160
    Low Cost
    Join Date
    Apr 2018
    Posts
    592
    Promo (¢)
    2,940
    Thumbs Up
    Received: 7
    Given: 2
    The oil price trades bounced down after the positive attempts of yesterday, approaching the pivot support 51.46, noting that breaking this level will enhance the expectation of a sustained downward trend in the instantaneous and short term, which has its next major target at 49.10.


    Therefore, we will continue to weigh the downward trend during the upcoming sessions on condition of persistence without 54.40, noting that the stochastic signals a negative intersection to stimulate the price to achieve further decline.

    Expected general Trend of the day: falling

    WTIH4.jpg

    Not allowed!

Page 16 of 17 FirstFirst ... 6121314151617 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •