WTI Crude Oil Intra-day Analysis 2ndFeb. 2021
Further Advance
Our Pivot: 53.20
Our Preference: Buy above 53.70 with strict stop loss of 53.20 and profit target at 54.35 with extension towards 54.60.
Alternate Scenario: Downward penetration of 53.20 will call for 52.80.
NOTE: WTI have penetrated its bearish price channel in bullish direction and heading towards its major resistant region at 54.60 where its being capped by a rising trend line on monthly chart.
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 | 6.6055 | 6.6097 | 6.6119 | 6.5557 |
| USOil | 100.952 | 101.036 | 101.778 | 100.558 |
| UKOil | 108.32 | 108.38 | 109.871 | 107.73 |
| NGAS | 3.0679 | 3.0799 | 3.1284 | 3.0259 |
| WHEATF | 664.33 | 665.43 | 665.44 | 656.83 |
| XAUUSD | 4170.65 | 4170.95 | 4187.82 | 4163 |
| XAGUSD | 57.284 | 57.602 | 57.671 | 56.715 |