CFDs on Crude Oil (Brent)

UKOIL FXCM

Trader_NishantK

On Neckline Of Inverted Head & Shoulder. Chart with upwards trend

aravipchenas

short uk oil

MTradingGlobal

Ever Given’s refloat in Suez Canal opened the one-week-old blockage in the busy global route during early Monday. The move not only helped market sentiment but also weighed on the oil prices and dragged Brent Oil from 21-day EMA. Given the fundamental reason and the commodity’s repeated failures to cross the key EMA, the quote is likely to revisit the 61.8%...

MTradingGlobal

Brent oil’s bounce-off early February low has a bumpy road ahead as 200-SMA joins the previous support line from February 19 to challenge the commodity buyers around $65.00. Even if the black-gold prices conquer the $65.00 hurdle, March 10 low and February 25 top, respectively around $67.00 and $67.70 could test the oil bulls. It should also be noted that bearish...

fintrade_global

Brent oil crashed more then 5% today and RSI value it just near to over sold level in H4, so be ready for not to sell to sell any more. if it will not stop at the level of 64 then nest level is 62. so basically 62 would be awesome price to be enter as BUY for the target of 68 in short span of time. By: A.S Dhakad CMT, CFTe, CWM, MBA

Dino_Naidu

US OIL Impulse move till 75 to 82 odd levels Currently, cycle wave 5 in progress Finally, prices could turn and begin to form a bullish sequence 5

AK1808

Morning star formation in XBRUSD...can be considered long SL 66.80

MTradingGlobal

Having failed to conquer $72.00 during early 2020, Brent bulls again confront the key hurdle comprising 78.6% Fibonacci retracement level of October 2018 to April 2020 south-run. Although fundamentals are favoring the black-gold buyers, overbought RSI and the strong upside resistance challenge the commodity’s further upside around $72.20. If at all, the bulls...

MTradingGlobal

Trading sentiment on the floor remains quite depressing as markets await Fed Chair Powell’s half-yearly testimony. However, the bullish chart formation on the four-hour play keeps Brent oil buyers hopeful, despite the latest pullback from $66.76. It should, however, be noted that the oil bulls need to stay away from $63.40 and $62.90 supports comprising 50-SMA as...

dayanithi555

BUY 58 TO 56.589 TARGET 71 Reason For Buying This Script : In weekly frame it is forming the Elliott wave it is having good potential to move upward. so we can go for buy. Now it is in correction mode . Use this opportunity and buy at this levels 58 to 56.589. once it cross 71 and close above 71 in weekly time frame means next target up to 87 . Note :...

sudhannayak

Om Namah Shivay Crude looks positive, it should not go below 63, it has possibility to touch 66,75,86 before going further higher to 97. Om Namah Shivay

MTradingGlobal

Following its run-up to a fresh high since January 2020, Brent Oil wavers around $61.25 amid overbought RSI and sluggish markets. Given the fresh headlines suggesting US-China tension, coupled with the US stimulus gridlock, the commodity has reasons to look for a pullback. However, the yearly peak surrounding $60.26, followed by the $60.00 threshold, can test the...

MTradingGlobal

Although coronavirus (COVID-19) strains probe the commodities off-late, Brent oil’s latest U-turn from 100-SMA favors the energy bulls. Also keeping the oil buyers hopeful is a short-term descending triangle formation on the four-hour chart. However, a falling trend line from last Wednesday around $55.70 can offer immediate resistance to the quote ahead of...

sudhannayak

Om Namah Shivay Trying brent crude oil EW analysis. The structure with EW in Crude OIL have own characteristics. The structure looks like an Impulse after previous impulse + abc structure. Possibly there is small correction or sideway on short term. In Crude, the 5 wave impulse that we counted now, is part of a bigger impulse wave. Previous impulses...

MTradingGlobal

Despite breaking an ascending trend line from early November, Brent oil remains beyond 21-day SMA. However, a clear break beyond the previous support line, now resistance, around $51.30 becomes necessary to renew optimism. Following that, $52.50 and the recent high close to $53.30 can lure energy buyers ahead of making them confront February lows near $53.65. It...

Dino_Naidu

TVC:UKOIL

kakkar

wait for the upside breakout...

kakkar

short till profit target..