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 | 6.3369 | 6.3411 | 6.3511 | 6.3285 |
| USOil | 82.114 | 82.148 | 83.296 | 79.087 |
| UKOil | 87.014 | 87.084 | 88.114 | 82.494 |
| NGAS | 2.6914 | 2.7034 | 2.706 | 2.6719 |
| WHEATF | 669.58 | 670.68 | 666.19 | 650.08 |
| XAUUSD | 4021.84 | 4022.14 | 4029.91 | 4013.5 |
| XAGUSD | 57.012 | 57.33 | 57.518 | 56.695 |