Oil daily chart
- Crude oil WTI is trading in a bear trend below the 50, 100 and 200-day simple moving average.
Oil 4-hour chart
- The bears need to break below 44.00 a barrel in order to resume the bear trend.
- Meanwhile, WTI bulls are breaking above the 50 SMA.
Oil 30-minute chart
- Bulls broke to new session’s highs as they are directed towards $47.00 a barrel.
Additional key levels:
WTI
Overview:
Today Last Price: 46.25
Today Daily change: 28 pips
Today Daily change %: 0.609%
Today Daily Open: 45.97
Trends:
Previous Daily SMA20: 49.07
Previous Daily SMA50: 53.86
Previous Daily SMA100: 62.24
Previous Daily SMA200: 65.54
Levels:
Previous Daily High: 46.65
Previous Daily Low: 44.87
Previous Weekly High: 47.09
Previous Weekly Low: 42.45
Previous Monthly High: 54.68
Previous Monthly Low: 42.45
Previous Daily Fibonacci 38.2%: 45.97
Previous Daily Fibonacci 61.8%: 45.55
Previous Daily Pivot Point S1: 45.01
Previous Daily Pivot Point S2: 44.05
Previous Daily Pivot Point S3: 43.23
Previous Daily Pivot Point R1: 46.79
Previous Daily Pivot Point R2: 47.61
Previous Daily Pivot Point R3: 48.57
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