WTI Crude Oil Intra-day Analysis 19th Feb. 2021
Under Pressure
Our Pivot: 60.55
Our Preference: Short sell below 59.90 with strict stop loss of 60.55 and profit target at 58.90 with extension towards 58.50.
Alternate Scenario: Upward penetration of 60.55 will call for 61.23.
NOTE: WTI is trying to retest supportive trend line of its previous bullish price channel as resistant one.
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 | 91.169 | 91.229 | 91.611 | 90.694 |
| NGAS | 2.9316 | 2.9436 | 2.9491 | 2.9085 |
| WHEATF | 772.33 | 773.43 | 780.18 | 766.69 |
| XAUUSD | 4433.68 | 4433.98 | 4461.7 | 4424.65 |
| XAGUSD | 66.511 | 66.833 | 67.238 | 65.929 |