WTI Crude Oil Intra-day Analysis 18th Mar. 2021
Under Pressure
Our Pivot: 65.00
Our Preference: Short sell WTI below 64.35 with strict stop loss of 65.00 and profit target at 63.60 with extension towards 63.13.
Alternate Scenario: Upward penetration of 65.00 will call for 65.40.
NOTE: WTI is moving in a descending price channel and getting resistance from resistant trend line of said channel.
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 | 6.7059 | 6.7101 | 6.7435 | 6.6866 |
| USOil | 86.687 | 86.721 | 87.098 | 86.132 |
| UKOil | 91.3 | 91.36 | 91.611 | 90.694 |
| NGAS | 2.9306 | 2.9426 | 2.9491 | 2.9085 |
| WHEATF | 772.58 | 773.68 | 780.18 | 766.69 |
| XAUUSD | 4433.46 | 4433.76 | 4461.7 | 4424.65 |
| XAGUSD | 66.484 | 66.806 | 67.238 | 65.929 |