WTI Crude Oil Intra-day Analysis 12th Feb. 2021
Under Pressure
Our Pivot: 58.60
Our Preference: Short sell below 58.00 with strict stop loss of 58.60 and profit target at 57.30 with extension towards 57.00.
Alternate Scenario: Upward penetration of 58.60 will call for 59.00 & 59.00.
NOTE: WTI is moving downward after breakout of its ascending wedge in downward direction.
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 | 6.3449 | 6.3491 | 6.3511 | 6.3285 |
| USOil | 82.487 | 82.521 | 83.296 | 79.087 |
| UKOil | 87.434 | 87.494 | 88.114 | 82.494 |
| NGAS | 2.6924 | 2.7044 | 2.706 | 2.6719 |
| WHEATF | 669.82 | 670.92 | 666.19 | 650.08 |
| XAUUSD | 4025.96 | 4026.26 | 4029.91 | 4013.5 |
| XAGUSD | 57.127 | 57.443 | 57.518 | 56.695 |