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 | 6.677 | 6.6806 | 6.6989 | 6.5252 |
| USOil | 93.378 | 93.402 | 93.532 | 90.138 |
| UKOil | 95.779 | 95.819 | 96.074 | 92.805 |
| NGAS | 3.1661 | 3.1751 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4489.37 | 4490.27 | 4541.66 | 4463.03 |
| XAGUSD | 74.998 | 75.34 | 77.178 | 74.326 |