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 | 5.1032 | 5.1074 | 5.2354 | 5.0409 |
| USOil | 60.474 | 60.508 | 60.732 | 59.622 |
| UKOil | 64.885 | 64.945 | 65.171 | 64.035 |
| NGAS | 3.9659 | 3.9779 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4016.26 | 4016.66 | 4015.15 | 3915.09 |
| XAGUSD | 48.801 | 49.001 | 48.999 | 47.165 |