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 | 6.3452 | 6.3494 | 6.3511 | 6.3285 |
| USOil | 82.492 | 82.526 | 83.296 | 79.087 |
| UKOil | 87.455 | 87.525 | 88.114 | 82.494 |
| NGAS | 2.6924 | 2.7044 | 2.706 | 2.6719 |
| WHEATF | 669.82 | 670.92 | 666.19 | 650.08 |
| XAUUSD | 4025.69 | 4025.99 | 4029.91 | 4013.5 |
| XAGUSD | 57.121 | 57.439 | 57.518 | 56.695 |