Oil daily chart
- Crude oil WTI is trading in a bear trend below its 200-day simple moving average.
Oil 4-hour chart
- WTI is trading above its main SMAs suggesting bullish momentum in the medium-term.
Oil 30-minute chart
- As expected yesterday, oil bounced as the market broke above the 55.00 figure.
- The next objective for bulls is the 56.20 and 57.00 figure.
- Support to the downside is seen at 54.60 and 54.00 figure.
Additional key levels
WTI
Overview:
Today Last Price: 55.48
Today Daily change: 133 points
Today Daily change %: 2.46%
Today Daily Open: 54.15
Trends:
Daily SMA20: 52.56
Daily SMA50: 50.72
Daily SMA100: 58.11
Daily SMA200: 63.49
Levels:
Previous Daily High: 55.48
Previous Daily Low: 53.75
Previous Weekly High: 54.51
Previous Weekly Low: 51.91
Previous Monthly High: 55.48
Previous Monthly Low: 44.52
Daily Fibonacci 38.2%: 54.41
Daily Fibonacci 61.8%: 54.82
Daily Pivot Point S1: 53.44
Daily Pivot Point S2: 52.73
Daily Pivot Point S3: 51.71
Daily Pivot Point R1: 55.17
Daily Pivot Point R2: 56.19
Daily Pivot Point R3: 56.9