Oil daily chart Oil is trading above the 50 and 100-day simple moving averages (SMAs) suggesting a mild bullish bias. Oil 4-hour chart Crude oil WTI rejected the 50 SMA suggesting a potential pullback down in the medium-term. Oil 30-minute chart WTI is trading below its main SMAs suggesting bearish momentum as the bears virtually erased gains made previously in the day. Support is at 55.80 and 55.20 and 54.80 level. Resistances to the upside are at 57.40 and 57.90 level. Additional key levels WTI Overview: Today Last Price: 56.37 Today Daily change: 47 ticks Today Daily change %: 0.84% Today Daily Open: 55.9 Trends: Daily SMA20: 55.37 Daily SMA50: 52.55 Daily SMA100: 54.5 Daily SMA200: 62.31 Levels: Previous Daily High: 58.06 Previous Daily Low: 55.77 Previous Weekly High: 58.06 Previous Weekly Low: 55.19 Previous Monthly High: 57.92 Previous Monthly Low: 51.56 Daily Fibonacci 38.2%: 56.64 Daily Fibonacci 61.8%: 57.19 Daily Pivot Point S1: 55.09 Daily Pivot Point S2: 54.29 Daily Pivot Point S3: 52.8 Daily Pivot Point R1: 57.38 Daily Pivot Point R2: 58.87 Daily Pivot Point R3: 59.67 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Cash Technical Analysis: BCH/USD big extension south after a critical trend line break FX Street 4 years Oil daily chart Oil is trading above the 50 and 100-day simple moving averages (SMAs) suggesting a mild bullish bias. Oil 4-hour chart Crude oil WTI rejected the 50 SMA suggesting a potential pullback down in the medium-term. Oil 30-minute chart WTI is trading below its main SMAs suggesting bearish momentum as the bears virtually erased gains made previously in the day. Support is at 55.80 and 55.20 and 54.80 level. Resistances to the upside are at 57.40 and 57.90 level. Additional key levels WTI Overview: Today Last Price: 56.37 Today Daily… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.