- WTI crude barrels are heading into the rest of the week with an unclosed gap from Monday, but action remains capped off by intraday highs at the 53.70 barrier.
WTI/USD, 5-Minute
- Despite intraday resistance, WTI remains on the upswing in the near-term, bolstered off of a support zone near the 50.00 major handle with higher lows and a rising outside trendline helping to send prices over previous swing lows.
WTI/USD, 30-Minute
- Looking to 4-Hour candles, US oil barrels are making their highest break of a medium-term descending trendline in over two months, though WTI remains steeply bearish, with the 38.2% Fibo retracement level far above, knocking into the 200-period moving average near the 60.00 major handle.
WTI/USD, 4-Hour
WTI
Overview:
Today Last Price: 53.41
Today Daily change: 19 pips
Today Daily change %: 0.357%
Today Daily Open: 53.22
Trends:
Previous Daily SMA20: 54.2
Previous Daily SMA50: 62.28
Previous Daily SMA100: 65.92
Previous Daily SMA200: 67.45
Levels:
Previous Daily High: 53.37
Previous Daily Low: 53.03
Previous Weekly High: 52.13
Previous Weekly Low: 49.64
Previous Monthly High: 63.92
Previous Monthly Low: 49.64
Previous Daily Fibonacci 38.2%: 53.24
Previous Daily Fibonacci 61.8%: 53.16
Previous Daily Pivot Point S1: 53.04
Previous Daily Pivot Point S2: 52.87
Previous Daily Pivot Point S3: 52.7
Previous Daily Pivot Point R1: 53.38
Previous Daily Pivot Point R2: 53.55
Previous Daily Pivot Point R3: 53.72


