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 | 6.5404 | 6.5446 | 6.6197 | 6.5111 |
| USOil | 85.629 | 85.663 | 85.721 | 84.602 |
| UKOil | 91.421 | 91.481 | 91.865 | 90.591 |
| NGAS | 2.72 | 2.732 | 2.7335 | 2.6864 |
| WHEATF | 690.33 | 691.43 | 696.56 | 674.83 |
| XAUUSD | 4388.86 | 4389.16 | 4436.39 | 4386.05 |
| XAGUSD | 64.707 | 65.028 | 66.725 | 64.594 |