FxWirePro
Short

US Oil trades below 200 day HMA, decline till $43 is possible

FX:USOIL   CFDs on Crude Oil (WTI)
284 0 6
Major support - $44.45 (200 day HMA )

Major resistance - $45.32 (Today’s high)

US Oil             has retreated after making a high of $45.32 at the time of writing. It has also broken 200 day HMA and trading well below that level.

Crude is currently trading around $44.32.

Short term trend is slightly weak as long as resistance $45.35 holds.

On the lower side any break below $44.45 will drag the commodity down till $43.55/$43 in short term.


US oil             has formed temporary top around $46.76 and further bullishness can be seen only above that level.

It is good to sell on rallies around $44.45-$44.50 with SL around $45.35 for the TP of $43
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