Crude oil WTI Technical Analysis: Black Gold bulls challenging 5-day high as they break above $66.00 a barrel

Crude oil WTI 15-minute chart

Spot rate:                      66.06
Relative change:           0.85%     
High:                             66.10
Low:                              64.83

Trend:                           Bullish

Support 1:                    65.00 figure
Support 2:                    64.12-63.72 demand zone
Support 3:                    62.25 March 16 close    

Resistance 1:               66.00 key resistance 
Resistance 2:               66.56 May 31 low
Resistance 3:               68.30 key supply level

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.


© FXstreet

USD/CAD retreats, drops back below 1.3000
UK PM May: Clear there was some debate & disagreem...


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Thursday, 21 November 2019

Latest Spot Rate

21 November 2019
Daily Markets Broadcast 2019-11-21 - MarketPulseMarketPulseHome/Daily Markets Broadcast/DAX/Indices/Market Pulse/Technical Analysis/Technical Analysis IndicesShare 0Daily Markets Broadcast2019-11-21Stocks slide on Hong Kong confrontation...
21 November 2019
IntroductionAustralia’s health system is a complex mix of health professionals and service providers from a range of organisations—across all levels of government and the non-government sector. Collectively, they work to meet the health care needs of...
21 November 2019
Education exports to India and Nepal increase in 2018-19
21 November 2019
Detailed monthly Labour Force data released today
21 November 2019
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting ...
How It Works | About | Contact | Privacy Policy | Forex Marketing
© 2009 - 2019 Forex Forum. All Rights Reserved. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.