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Oil Market Analysis Nov 09, 2011
Oil managed to extend further its increase in price after a sustain gain above 94.84 support level, and now commodity is targeting 98.47 resistance level. Our intraday bias is bullish for the moment after price broke above previous high. Upward move ... Read more ››
Oil Market Analysis Nov 08, 2011
Oil managed a sustain gain above 94.84 resistance level and gather strength to break above 95.61 level and thus confirms for one strong upward trend. Our intraday bias is bullish for the moment after price broke above previous high. Upward move to ex... Read more ››
Oil Market Analysis Nov 07, 2011
Oil upward move seem to exhaust most of its momentum after price managed to break above the previous high and failed to sustain gain and drop below it. Our intraday bias is bullish for the moment after price broke above previous high. Upward move to ... Read more ››
Oil Market Analysis Oct 12, 2011
Oil's upward move is showing signs of tear after price failed to go further above of previous top and price drop below towards retest of 84.71 support level. Our intraday bias is neutral for the moment after price is trading above 82.82 level. Revers... Read more ››
Oil Market Analysis, Oct 11, 2011
Oil's upward march doesn't lose a bit of its strength and price managed to pinned above 84.71 resistance level after sustain gain above 82.82 support level, but price failed to hold and is heading toward a test of key 82.82 support level. Our intrada... Read more ››
Oil Market Analysis, Oct 10, 2011
Oil's reverse in price seems to be strong one after price managed to pinned above 82.82 resistance level and now is trading above it towards test of 84.71 resistance level. Our intraday bias is neutral for the moment after price is trading above 82.8... Read more ››
Oil Market Analysis, Oct 7, 2011
After sustain gain above 79.16 level Oil gather power towards 82.82 level where price pinned above it but failed to sustain gain and drop below it. Our intraday bias remains on down move after price is trading below 82.82 level. Reversed of 74.80 lev... Read more ››
Oil Market Analysis, Oct 6, 2011
Oil managed to extend higher and trade above 80 level, this confirmed the rebound in price and that rebound is strong once. Our intraday bias remains on down move after price is trading below 82.82 level. Reversed of 74.80 level to continue a susta... Read more ››
Oil Market Analysis, Oct 5, 2011
Oil's decline extended further more and drop below 75.53 from where price reversed strong - this confirmed that rebound from 75.53 is over. Our intraday bias remains on down move after price is trading below 79.16 level. Reversed of 74.80 level to ... Read more ››
Oil Market Analysis, Oct 4, 2011
Oil's rebound form 75.53 seems to be over and will be over after price break below this key support level, Oil's decline accelerate after price failed to trade above 79.16 resistance level and price dropped below it towards a test of the 75.53 key su... Read more ››