WTI Crude Oil Intra-day Analysis 1st Feb. 2021

Under Pressure

Our Pivot: 53.25

Our Preference: Short sell below 52.70 with strict stop loss of 53.25 and profit target at 52.00 with extension towards 51.60.

Alternate Scenario: Upward penetration of 53.25 will call for 53.80.

NOTE: WTI is moving in a bearish price channel and right now heading for a correction of its last bearish rally.

Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Share Post:

Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper5.11785.122 5.1471 5.0192
USOil65.10265.126 66.108 64.803
UKOil67.41467.454 68.446 67.179
NGAS3.73543.7444 3.7556 3.5064
WHEATF540.94541.3 545.69 536.09
XAUUSD3273.43273.7 3328.35 3255.7
XAGUSD35.97736.019 36.744 35.78


Explore