Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.

Crude Oil Technical Analysis March 11, 2019

0

Crude Oil Technical Analysis March 11, 2019

The Crude Oil declined 0.72% against the USD on Friday and closed at 56.19. Today in the European session while Crude Oil technical analysis March 11, 2019 is preparing at 9:45 GMT, the Crude Oil trading at 56.80, which is 1.00% higher from Yesterday’s close.

The pair is expected to find support at 55.00 and a fall through could take it to the next support level of 53.90 The pair is expected to find its first resistance at 57.00, and a rise through could take it to the next resistance level of 57.85 For today the expected trading range is between 55.00, Support and 57.85 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 55.00 Support 2: 53.90 Support 3: 53.00
Resistance Levels: Resistance 1: 57.00 Resistance 2: 57.85 Resistance 3: 59.00

Crude Oil Buying Opportunity for Intraday Trading March 11, 2019

Buy near the support area 55.00 and 53.90 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.

Crude Oil Selling Opportunity for Intraday Trading March 11, 2019

Sell near the resistance area 57.00 and 57.85 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

Gold Technical Analysis March 11, 2019

Leave A Reply

Your email address will not be published.