Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
20 Feb 2019

Oil Technical Analysis: WTI jumps above $57.00 a barrel

Oil daily chart

  • Crude oil WTI is breaking above the 100 SMA suggesting that bulls are getting stronger.

Oil 4-hour chart

  • Crude oil is trading above the main SMAs suggesting bullish momentum in the medium-term. 

Oil 30-minute chart

  • WTI is trading above its main SMAs suggesting bullish momentum in the short-term. 
  • The next bullish target is at 57.70 and $58.00 a barrel.
  • Support is seen at 56.80 and 55.80 level. 

 

Additional key levels

WTI

Overview:
    Today Last Price: 57.3
    Today Daily change: 83 ticks
    Today Daily change %: 1.47%
    Today Daily Open: 56.47
Trends:
    Daily SMA20: 54.13
    Daily SMA50: 51.42
    Daily SMA100: 55.59
    Daily SMA200: 62.77
Levels:
    Previous Daily High: 56.67
    Previous Daily Low: 55.72
    Previous Weekly High: 56.22
    Previous Weekly Low: 51.56
    Previous Monthly High: 55.48
    Previous Monthly Low: 44.52
    Daily Fibonacci 38.2%: 56.08
    Daily Fibonacci 61.8%: 56.31
    Daily Pivot Point S1: 55.9
    Daily Pivot Point S2: 55.34
    Daily Pivot Point S3: 54.95
    Daily Pivot Point R1: 56.85
    Daily Pivot Point R2: 57.24
    Daily Pivot Point R3: 57.8

 

Feb 20, 2019

AUD/USD: All eyes on commodities, FOMC minutes, Aussie jobs and critical levels in US stocks

AUD/USD is moving along in a 20-degree upside drifting channel est. since 0.7053 lows having made a recent high of 0.7176 on Tuesday, (as the dollar c
Read more Previous
Feb 20, 2019

Brexit: There might be some room to manoeuvre for political statement on Irish backstop

Citing Spanish Foreign Ministry sources, Reuters recently reported that there might be room to "manoeuvre for the political statement" on the Irish ba
Read more Next