Oil Technical Analysis: WTI hovering below $66.00 a barrel as Asian markets open


Oil daily chart

  • WTI is trading in a bull trend above its main simple moving averages (SMAs).

Oil 4-hour chart

  • Crude oil WTI jumped to $66.00 a barrel.  

Oil 30-minute chart

  • Crude oil will most likely need to correct down to 65.20 or 64.60 in the short-term.
  • The level to beat for bulls is seen at 66.00. The next resistance in line is seen at 66.40 level. 

Additional key levels

WTI

Overview
Today last price 65.67
Today Daily Change 1.59
Today Daily Change % 2.48
Today daily open 64.08
 
Trends
Daily SMA20 62.6
Daily SMA50 59.22
Daily SMA100 55.13
Daily SMA200 60.59
Levels
Previous Daily High 64.08
Previous Daily Low 64.08
Previous Weekly High 64.72
Previous Weekly Low 63.14
Previous Monthly High 60.78
Previous Monthly Low 54.79
Daily Fibonacci 38.2% 64.08
Daily Fibonacci 61.8% 64.08
Daily Pivot Point S1 64.08
Daily Pivot Point S2 64.08
Daily Pivot Point S3 64.08
Daily Pivot Point R1 64.08
Daily Pivot Point R2 64.08
Daily Pivot Point R3 64.08

 

 

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