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:
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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 | 6.5865 | 6.5907 | 6.5917 | 6.5557 |
| USOil | 100.634 | 100.728 | 101.778 | 100.558 |
| UKOil | 107.979 | 108.039 | 110.026 | 104.884 |
| NGAS | 3.0421 | 3.0541 | 3.1284 | 3.0259 |
| WHEATF | 659.21 | 660.31 | 670.81 | 655.82 |
| XAUUSD | 4186.47 | 4186.77 | 4187.06 | 4163 |
| XAGUSD | 57.244 | 57.569 | 57.616 | 56.715 |