WTI Crude Oil Intra-day Analysis 12th Feb. 2021
Under Pressure
Our Pivot: 58.60
Our Preference: Short sell below 58.00 with strict stop loss of 58.60 and profit target at 57.30 with extension towards 57.00.
Alternate Scenario: Upward penetration of 58.60 will call for 59.00 & 59.00.
NOTE: WTI is moving downward after breakout of its ascending wedge in downward direction.
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 | 6.711 | 6.7152 | 6.7435 | 6.6866 |
| USOil | 86.559 | 86.593 | 87.098 | 86.132 |
| UKOil | 91.164 | 91.224 | 91.611 | 90.694 |
| NGAS | 2.9316 | 2.9436 | 2.9491 | 2.9085 |
| WHEATF | 772.33 | 773.43 | 780.18 | 766.69 |
| XAUUSD | 4433.78 | 4434.08 | 4461.7 | 4424.65 |
| XAGUSD | 66.517 | 66.841 | 67.238 | 65.929 |