WTI Crude Oil Intra-day Analysis 18th Feb. 2021
Turning Down
Our Pivot: 62.60
Our Preference: Short sell below 61.95 with strict stop loss of 62.60 and profit target at 60.90 with extension towards 60.25.
Alternate Scenario: Upward penetration of 62.60 will call for 63.35.
NOTE: WTI is moving in a bullish price channel but right now it heading fro correction after a bearish engulfing on hourly chart.
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 | 4.2513 | 4.2555 | 4.2813 | 4.2332 |
| USOil | 73.127 | 73.161 | 73.383 | 73.062 |
| UKOil | 77.079 | 77.139 | 77.301 | 76.939 |
| NGAS | 3.2381 | 3.2501 | 3.6961 | 3.2184 |
| WHEATF | 535.83 | 536.93 | 537.69 | 533.57 |
| XAUUSD | 2739.23 | 2739.81 | 2745.59 | 2738.19 |
| XAGUSD | 30.021 | 30.064 | 30.294 | 29.985 |