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 | 4.6472 | 4.6514 | 4.7391 | 4.6261 |
| USOil | 63.409 | 63.443 | 63.693 | 62.738 |
| UKOil | 66.296 | 66.356 | 66.626 | 65.694 |
| NGAS | 3.5294 | 3.5414 | 3.63 | 3.4749 |
| WHEATF | 523.82 | 524.92 | 525.31 | 510.33 |
| XAUUSD | 3183.32 | 3183.62 | 3257.28 | 3174.92 |
| XAGUSD | 32.222 | 32.259 | 32.997 | 32.108 |