WTI faces intraday resistance at $44.05,good to sell on rallies

FX:USOIL   CFDs on Crude Oil (WTI)
256 0 6
Major Intraday resistance- $44.05 (55 H EMA )

Major intraday support - $43

US Crude has recovered slightly after making a low of $43.01 in Asian session .It is currently trading around $43.38.

On the lower side any break below $43 will confirm minor weakness, a decline till $42.50 (26th Apr             low)/$42.19 ( 50% retracement of $37.59 and $46.76)/$41.09.

Any violation above $44.05 will take the US oil             till $44.50/$45.32.

Overall trend reversal only above $46.

It is good to sell around $43.30-$43.35 with SL around $44.05 for the TP of $42.19/$41.10.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out