WTI Crude Oil Intra-day Analysis 12th Feb. 2021
Under Pressure
Our Pivot: 58.60
Our Preference: Short sell below 58.00 with strict stop loss of 58.60 and profit target at 57.30 with extension towards 57.00.
Alternate Scenario: Upward penetration of 58.60 will call for 59.00 & 59.00.
NOTE: WTI is moving downward after breakout of its ascending wedge in downward direction.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 4.1117 | 4.1159 | 4.1679 | 4.1065 |
| USOil | 69.638 | 69.672 | 69.962 | 68.847 |
| UKOil | 73.645 | 73.705 | 73.991 | 72.885 |
| NGAS | 3.3685 | 3.3805 | 3.3855 | 3.1884 |
| WHEATF | 575.07 | 576.17 | 577.8 | 570.57 |
| XAUUSD | 2667.37 | 2667.7 | 2671.93 | 2648.73 |
| XAGUSD | 31.02 | 31.053 | 31.327 | 30.809 |