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 | 6.8005 | 6.8047 | 6.8209 | 6.6997 |
| USOil | 94.053 | 94.087 | 94.736 | 92.108 |
| UKOil | 98.711 | 98.771 | 99.481 | 96.744 |
| NGAS | 2.9606 | 2.9726 | 2.9986 | 2.9355 |
| WHEATF | 753.08 | 754.18 | 763.44 | 732.09 |
| XAUUSD | 4395.52 | 4395.82 | 4443.19 | 4387.86 |
| XAGUSD | 65.784 | 66.104 | 67.34 | 65.532 |