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 | 6.6685 | 6.6727 | 6.6989 | 6.5252 |
| USOil | 93.587 | 93.621 | 93.417 | 90.138 |
| UKOil | 95.984 | 96.044 | 96.074 | 92.805 |
| NGAS | 3.1594 | 3.1714 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4486.65 | 4486.95 | 4541.66 | 4463.03 |
| XAGUSD | 75.002 | 75.329 | 77.178 | 74.326 |