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 | 5.0528 | 5.057 | 5.0881 | 4.9134 |
| USOil | 65.107 | 65.141 | 65.578 | 64.643 |
| UKOil | 67.784 | 67.844 | 68.344 | 67.349 |
| NGAS | 3.5301 | 3.5421 | 3.6009 | 3.516 |
| WHEATF | 540.82 | 541.92 | 548.43 | 540.57 |
| XAUUSD | 3335.26 | 3335.56 | 3350.5 | 3329.19 |
| XAGUSD | 36.566 | 36.6 | 36.854 | 36.218 |