WTI Crude Oil Intra-day Analysis 3rd May 2021
Under Pressure
Our Pivot: 64.00
Our Preference: Short sell WTI below 63.50 with strict stop loss of 64.00 and profit target at 62.92 with extension towards 62.50.
Alternate Scenario: Upward penetration of 64.00 will call for 64.65.
NOTE: WTI is being capped by a resistant trend line.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
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 | 4.6522 | 4.6564 | 4.7391 | 4.6261 |
| USOil | 63.347 | 63.381 | 63.693 | 62.738 |
| UKOil | 66.226 | 66.286 | 66.626 | 65.694 |
| NGAS | 3.533 | 3.545 | 3.63 | 3.4749 |
| WHEATF | 522.83 | 523.93 | 525.31 | 510.33 |
| XAUUSD | 3180.83 | 3181.13 | 3257.28 | 3174.92 |
| XAGUSD | 32.232 | 32.268 | 32.997 | 32.108 |