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 | 5.049 | 5.0532 | 5.0881 | 4.9134 |
| USOil | 65.217 | 65.251 | 65.578 | 64.643 |
| UKOil | 67.891 | 67.951 | 68.344 | 67.349 |
| NGAS | 3.5384 | 3.5504 | 3.6009 | 3.516 |
| WHEATF | 540.84 | 541.94 | 548.43 | 540.57 |
| XAUUSD | 3332.99 | 3333.29 | 3350.5 | 3329.19 |
| XAGUSD | 36.562 | 36.595 | 36.854 | 36.218 |