Oil Technical Analysis: WTI is about to end the week near $64.00 a barrel

Flavio Tosti Independent Analyst

Oil daily chart

WTI is evolving above its main simple moving averages (SMAs) suggesting a bullish bias.

Oil 4-hour chart

Crude oil WTI is trading above its main SMAs suggesting a bullish bias in the medium-term.

Oil 30-minute chart

WTI is trading above its main SMAs as the uptrend remains intact.
The level to beat for bulls remains 64.30 resistance, then 64.70 followed by 65.10.
To the downside, support is seen at 63.50 and 63.00 level.

Additional key levels

WTI

Overview
Today last price	64.31
Today Daily Change	0.52
Today Daily Change %	0.82
Today daily open	63.79

Trends
Daily SMA20	61.2
Daily SMA50	58.02
Daily SMA100	54.37
Daily SMA200	60.73

Levels
Previous Daily High	64.51
Previous Daily Low	63.38
Previous Weekly High	63.36
Previous Weekly Low	60.23
Previous Monthly High	60.78
Previous Monthly Low	54.79
Daily Fibonacci 38.2%	63.81
Daily Fibonacci 61.8%	64.08
Daily Pivot Point S1	63.28
Daily Pivot Point S2	62.76
Daily Pivot Point S3	62.15
Daily Pivot Point R1	64.41
Daily Pivot Point R2	65.02
Daily Pivot Point R3	65.54

Author

Flavio Tosti

Independent Analyst

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