WTI Crude Oil Intra-day Analysis 19th Feb. 2021
Under Pressure
Our Pivot: 60.55
Our Preference: Short sell below 59.90 with strict stop loss of 60.55 and profit target at 58.90 with extension towards 58.50.
Alternate Scenario: Upward penetration of 60.55 will call for 61.23.
NOTE: WTI is trying to retest supportive trend line of its previous bullish price channel as resistant one.
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 | 4.2447 | 4.2489 | 4.2535 | 4.2447 |
| USOil | 73.839 | 73.873 | 73.993 | 73.807 |
| UKOil | 77.586 | 77.626 | 78.205 | 76.824 |
| NGAS | 3.0964 | 3.1084 | 3.1156 | 3.0745 |
| WHEATF | 544.7 | 545.06 | 547.69 | 533.07 |
| XAUUSD | 2762.41 | 2762.96 | 2765.03 | 2762.16 |
| XAGUSD | 30.405 | 30.44 | 30.461 | 30.371 |