WTI Crude Oil Intra-day Analysis 3rd May 2021
Under Pressure
Our Pivot: 64.00
Our Preference: Short sell WTI below 63.50 with strict stop loss of 64.00 and profit target at 62.92 with extension towards 62.50.
Alternate Scenario: Upward penetration of 64.00 will call for 64.65.
NOTE: WTI is being capped by a resistant trend line.
Chart with supports & resistances:
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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 | 4.1523 | 4.1565 | 4.1652 | 4.1373 |
| USOil | 69.617 | 69.651 | 69.663 | 68.847 |
| UKOil | 73.626 | 73.686 | 73.686 | 72.885 |
| NGAS | 3.3549 | 3.3669 | 3.3679 | 3.1884 |
| WHEATF | 575.44 | 576.54 | 577.44 | 570.57 |
| XAUUSD | 2669.37 | 2669.72 | 2670.5 | 2648.73 |
| XAGUSD | 31.218 | 31.251 | 31.327 | 30.809 |