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Oil Market Analysis, Oct 3, 2011
Oil's decline continue after price broke below curtail 79.16 support level that holds rebound from 75.53 and now price is heading towards a test of the rebound. Our intraday bias remains on down move after price is trading below 79.16 level. Rebound ... Read more ››
Oil Market Analysis, Sept 30, 2011
Oil's reverse seems to gather strength after price managed to break above 82.82 resistance level but failed for the second time to sustain gain and dropped below it. Our intraday bias remains on down move after price is trading below 82.82 level. Reb... Read more ››
Oil Market Analysis, Sept 29, 2011
Oil's increase seems to lose strength after unsuccessful trade above 82.82 level, triggering price to go down towards 79.16 key support level. Our intraday bias remains on down move after price is trading below 82.82 level. Rebound of 75.53 level t... Read more ››
Oil Market Analysis, Sept 28, 2011
Oil's decline is over after price managed a sustain gain above 82.82 resistance level and now is trading above it, this signals that reveres in price is strong one and gathered power for upward move is in place. Our intraday bias remains on down move... Read more ››
Oil Market Analysis, Sept 27, 2011
Oil's decline in price seems to lose momentum after price formed a temporary low below 79.16 level and price reversed strong towards a test of the key resistance level at 82.82. Our intraday bias remains on down move after price is trading below 82.8... Read more ››
Oil Market Analysis, Sept 26, 2011
Oil extended further down after price broke below the 79.16 key support level, thus makes decline stronger after bears gather power and outnumber bulls. Our intraday bias is strong on down move after 79.16 level fell and price is trading far below i... Read more ››
Oil Market Analysis, Sept 23, 2011
Oil extended further down after price broke below the 82.82 key support level, thus makes decline stronger after bears gather power and outnumber bulls. Our intraday bias switched to bearish after 82.82 level fell and price is trading far below it. R... Read more ››
Oil Market Analysis, Sept 22, 2011
Oil's decline extended further more and hit the target of down move, after Oil could not managed to test the upper trend line and bring back into it. Our intraday bias switched to neutral after 82.82 level fell. Rebound of 75.53 level to continue... Read more ››
Oil Market Analysis, Sept 21, 2011
Oil seems to has a reverse in price after managed to pinned above the upper trend line but failed a sustain gain above it and now is trading just below it. Our intraday bias remains on upside, as long as 82.82 level holds. Rebound of 75.53 level to... Read more ››
Oil Market Analysis, Sept 20, 2011
Oil couldn't managed to hold the upper trend line and price drop below it and now Oil is targeting towards a test of the 86.82 support level. Our intraday bias is still on upside, as long as 82.82 level holds. Rebound to continue a sustained trade ... Read more ››