WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 2/10/2018 - Rise to highest since 2014 on Iran sanctions & NAFTA deal

InvestorsDoctor
Publish date: Tue, 02 Oct 2018, 11:35 AM
To get more information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/



2/10/2018

 
*WTI Crude Oil Nov 18*
 
Previous Close: 75.30 +2.05
 
Oil hit its highest since Nov 2014 last night, marked its bullish trend as US sanctions on Iran & trade deal with Canada boosted oil prices. Watch out for API weekly crude oil stock on 430am tomorrow.
 
Daily & hourly charts formed higher highs & lows, more to bullish, but be cautious of potential technical correction in short term as hourly RSI in overbought.
 
 *Classic Support & Resistance* 
Resistance: 77.02 79.85
Support: 74.54 72.95
 
 *Recommend Trading Plan for the day:* 
1. Look for buy signal above 75.77.
2. Look for technical correction sell signal below 75.36. 
 
*WTI Oil Margin Requirement (per lot)* 
WTI Crude : USD 3410
Mini Crude : USD 1705
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Join our channels to find out more!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link: https://m.facebook.com/investorsdoctoracademy
More articles on WTI Crude Oil Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment