According to our daily analysis , if US OIL break the levels at 50.19 - 50.46 it's very likely that will be reaching the 50.88 - 51.38 zone. If the US OIL drop below 49.24, then will try to find next support at 48.67 - 48.18.
According to our daily analysis , if US OIL break the levels at 49.59 - 49.73 it's very likely that will be reaching the 50.17 - 51.38 zone. If the US OIL drop below 48.75 - 47.58, then will try to find next support at 48.19 - 47.83.
According to our daily analysis , if US OIL break the levels at 49.59 - 49.73 it's very likely that will be reaching the 50.17 - 51.38 zone. If the US OIL drop below 47.33 - 47.08, then will try to find next support at 46.47 - 45.93.
According to our daily analysis , if US OIL break the levels at 47 it's very likely that will be reaching the 47.70 - 48.76 zone. If the US OIL drop below 45.27 - 44.86, then will try to find next support at 44.06 - 43.72.
Yesterday the resistance at 47 was broke and became now support. According to our daily analysis , if US OIL break the levels at 48.20 - 48.50 it's very likely that will be reaching the 49.27 - 50.10 zone. If the US OIL drop below 47.03 - 46.80, then will try to find next support at 46.46 - 45.98.
According to our daily analysis , if US OIL break the levels at 47 it's very likely that will be reaching the 47.70 - 48.76 zone. If the US OIL drop below 45.27 - 44.86, then will try to find next support at 44.06 - 43.21.
On Thursday US oil fell more than 4% as supply glut have offset the production cut agreement. According to our daily analysis , if US Oil break the levels 46.65 - 47 it's very likely that will be reaching the 42.97 - 42.90 zone. If the US OIL drop below 43.70 - 43.50, then will try to find next support at 42.97 - 42.20.
According to our daily analysis , if US Oil break the levels at 48.76 - 49 it's very likely that will be reaching the 49.46 - 49.98 zone. If the US OIL drop below 47.59 - 47.32, then will try to find next support at 47.04 - 46.64.
According to our daily analysis , if US Oil break the levels at 50.05 - 50.29 it's very likely that will be reaching the 50.90 - 51.25 zone. If the US OIL drop below 48.40 - 48.10, then will try to find next support at 47.59 - 47.20.
According to our daily analysis , if US Oil break the levels at 50.06 - 50.35 it's very likely that will be reaching the 50.90 - 51.25 zone. If the US OIL drop below 48.86 - 48.41, then will try to find next support at 47.90 - 47.47.
Yesterday drop below 49 confirmed the bearish consolidation and a move to 200DMA is expected. We have a stoploss @49.88. Target is 48.67-48.38. GL everyone
Very likely to see 49.7 in very short term period. Entered long @49.25 with a SL below yesterday low.
According to our analysis , if US Oil break the levels at 50.08 - 50.32 it's very likely that will be reaching the 50.90 - 51.36 zone. If the US OIL drop below 48.84 - 48.44, then will try to find next support at 47.90 - 47.47 zone.https://www.tradingview.com/x/ TVC:USOIL