WTI Crude Oil Intra-day Analysis 21st Apr. 2021
Under Pressure
Our Pivot: 63.50
Our Preference: Short Sell WTI below 62.80 with strict stop loss of 63.37 and profit target at 61.70 with extension towards 61.50.
Alternate Scenario: Upward penetration of 63.50 will call for 64.10.
NOTE: WTI is taking correction of its bearish rally and its expected that it would continue its bearish journey after completion of this correction.
Chart with supports & resistances:
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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 | 4.6533 | 4.6575 | 4.7391 | 4.6261 |
| USOil | 63.293 | 63.327 | 63.693 | 62.738 |
| UKOil | 66.185 | 66.245 | 66.626 | 65.694 |
| NGAS | 3.5296 | 3.5416 | 3.63 | 3.4749 |
| WHEATF | 521.94 | 523.04 | 525.31 | 510.33 |
| XAUUSD | 3181.6 | 3181.9 | 3257.28 | 3174.92 |
| XAGUSD | 32.264 | 32.301 | 32.997 | 32.108 |