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 | 5.1047 | 5.1089 | 5.2354 | 5.0409 |
| USOil | 60.613 | 60.647 | 60.732 | 59.622 |
| UKOil | 65.021 | 65.081 | 65.171 | 64.035 |
| NGAS | 3.9554 | 3.9674 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4010.3 | 4010.7 | 4015.15 | 3915.09 |
| XAGUSD | 48.701 | 48.898 | 48.999 | 47.165 |