Topic

usa oil

Brent oil may retest support at $68.08

Published 27 May, 2021 12:03pm

On the daily chart, the consolidation from the March 8 high of $71.38 is being shaped into a wedge which looks like a bullish continuation pattern, to be followed by a rally.

U.S. oil may rise to $64.71

Published 20 May, 2021 01:02pm

In terms of duration or depth, the fall looks far from complete. Eventually, oil could drop to $62.13 again.

US oil neutral in $63.88-$65.45 range

Published 19 May, 2021 12:10pm

The long-expected second correction may be developing towards $61.79, as indicated by a triangle.

US oil may rise to $67.98

Published 18 May, 2021 11:05am

The second correction triggered by this zone looks too shallow, casting some shadow on the current rise.

Brent oil may revisit May 14 low of $66.50

Published 17 May, 2021 11:50am

On the daily chart, the rise during the previous trading session was due to a support at $66.29.

Brent oil may retest support at $67.33

Published 12 May, 2021 12:27pm

Wave pattern suggests a downside bias. The resistance at $70.75 triggered a decent correction on March 8. It may cause a shallower one this time.

US oil target of $67.98 aborted

Published 06 May, 2021 12:00pm

Unless oil could quickly reverse the fall on Wednesday and break $66.52, it will be more likely to drop towards $62.62-$63.88 range.

US oil may revisit April 30 low of $63.08

Published 04 May, 2021 12:01pm

A downward wave C is developing towards a range of $58.84-$61.37.

Brent oil may revisit April 20 high of $68.08

Published 28 Apr, 2021 10:42am

On the daily chart, oil has edged up above a resistance at $66.15. It may gain more towards $68.14.

Brent oil may fall to $63.84

Published 22 Apr, 2021 12:25pm

A break above $65.46, now a resistance, could lead to a gain to $66.46. On the daily chart, oil is falling towards a channel line around $62.91.

Brent oil may fall into $58.41-$59.12 range

Published 24 Mar, 2021 11:49am

The deep drop on Tuesday confirms an extension of the downtrend towards the target zone, which is suggested by a falling channel.

Brent oil may stabilize in support zone of $62.71-$63.29

Published 22 Mar, 2021 11:53am

A correction from the March 8 high of $71.38 has completed. It is expected to be further reversed.

Brent oil may rise towards Tuesday high $69.33

Published 11 Mar, 2021 10:54am

On the daily chart, oil stabilized around a support at $66.29, the 100% projection level of a an upward wave C.

US oil may test support at $59.08

Published 02 Mar, 2021 10:10am

Due to a small congestion area forming between Feb. 19 and Feb. 22, oil may fail to break $59.08 in its first attempt. A bounce could occur around this level.

Brent oil still targets $68.07-$68.56 range

Published 26 Feb, 2021 09:55am

A fall to $65.35 could signal the break above $66.29 was false, and a bearish target zone of $59.08-$62.14 will be established then.

US oil may retest resistance at $62.78

Published 24 Feb, 2021 10:12am

Based on the drop from this high to the Feb. 19 low of $58.59, oil is supposed to rise to $65.61. A break above $62.08 could signal the continuation of the uptrend.

Brent oil may extend gains into $66.45-$66.97 range

Published 23 Feb, 2021 11:01am

Based on the drop from $65.52, oil may rise to $69. Support is at $65.15, a break below which could cause a fall to $64.65.

Brent oil may fall into $61.74-62.23 range

Published 17 Feb, 2021 12:40pm

Immediate resistance is at $63.04, a break above which could lead to a gain to $63.54. Only a further rise could signal the continuation of the uptrend.

US oil may retest resistance at $61.02

Published 16 Feb, 2021 11:24am

A break below $59.91 could cause a fall to $59.38. The current wave count will be reviewed, if oil falls to this level. A break above $60.51 could signal the continuation of the uptrend.

US oil may rise into the $57.77-$58.06 range

Published 08 Feb, 2021 10:33am

It could easily overcome the subsequent barriers.

Brent oil may test resistance at $60.12

Published 08 Feb, 2021 10:29am

A rising trendline roughly points at a target of $62.50, the 400% projection level of an uptrend from $39.34.

US oil may rise into $54.60-$55.10 range

Published 02 Feb, 2021 10:08am

The resistance is identified as the 100% projection level of an upward wave C from $51.64.

US oil may retest support at $52.03

Published 29 Jan, 2021 10:45am

The consolidation from $53.93 has lasted so long that it raises some concern on whether the uptrend could remain steady. A break below $51.35 could signal a reversal of the trend.

US oil may test support at $51.35

Published 18 Jan, 2021 11:45am

The next support will be at $51.35.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	163.14
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 21	7,509.20
India Sensex / Jul 21	77,470.11
Nasdaq / Jul 21	25,837.21
FTSE 100 / Jul 21	10,585.91
Dow Jones / Jul 21	52,224.64
Germany DAX 30 / Jul 21	25,011.35
France CAC40 / Jul 21	8,363.14
Tokyo Nikkei / Jul 22	67,511.12
Hang Seng / Jul 22	24,903.04

Item	Value
Crude Oil USD/Barrel / Jul 21	85.03
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,114.26
Cotton US¢/pound / Jul 21	80.06
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

Gainers
Losers
Leaders

Stock	Price
Sally Textile / Jul 22 Sally Textile Mills Limited(SLYT)	16.13 ▲ 1.47 (10.03%)
Dadabhoy Cement / Jul 22 Dadabhoy Cement Industries Limited(DBCI)	22.64 ▲ 2.06 (10.01%)
F.Credit & Inv / Jul 22 First Credit and Investment Bank Limited(FCIBL)	35.93 ▲ 3.27 (10.01%)
Gammon Pak / Jul 22 Gammon Pakistan Limited(GAMON)	24.18 ▲ 2.2 (10.01%)
Olympia Mills / Jul 22 Olympia Mills Limited(OML)	143.19 ▲ 13.02 (10%)
Pak.Int.Cont.. / Jul 22 Pakistan International Container(PICT)	58.50 ▲ 5.32 (10%)
Ahmad Hassan / Jul 22 Ahmad Hassan Textile Mills Limited(AHTM)	121.25 ▲ 11.02 (10%)
The Thal Ind.Corp. / Jul 22 The Thal Industries Corporation Limited(TICL)	1,048.37 ▲ 95.31 (10%)
Asia Ins. / Jul 22 Asia Insurance Company Limited(ASIC)	45.86 ▲ 4.17 (10%)
Sindh Abadgar / Jul 22 Sindh Abadgar's Sugar Mills Limited(SASML)	393 ▲ 26.99 (7.37%)

Stock	Price
Khairpur Sug. / Jul 22 Khairpur Sugar Mills Limited(KPUS)	1,364.30 ▼ -151.59 (-10%)
Suhail Jute / Jul 22 Suhail Jute Mills Limited(SUHJ)	243.87 ▼ -27.1 (-10%)
Aisha Steel (CPS) / Jul 22 Aisha Steel Mills Limited (CPS)(ASLCPS)	64 ▼ -6.94 (-9.78%)
Shams Textile / Jul 22 Shams Textile Mills Limited(STML)	54.29 ▼ -5.39 (-9.03%)
TPL Insurance / Jul 22 TPL Insurance Limited(TPLI)	65.80 ▼ -4.3 (-6.13%)
JS Investments / Jul 22 JS Investments Limited(JSIL)	43.10 ▼ -2.65 (-5.79%)
Aisha Steel(ConPS) / Jul 22 Aisha Steel(ConPS)(ASLPS)	21.01 ▼ -1.28 (-5.74%)
National Silk / Jul 22 The National Silk & Rayon Mills Limited(NSRM)	311.30 ▼ -18.07 (-5.49%)
Khyber Textile / Jul 22 Khyber Textile Mills Limited(KHYT)	2,051.90 ▼ -111.16 (-5.14%)
Premier Insurance / Jul 22 Premier Insurance Limited(PINL)	10.49 ▼ -0.52 (-4.72%)

Stock	Volume
Trust Sec.& Brok. / Jul 22 Trust Securities & Brokerage Limited(TSBL)	76,190,018 ▲ 0.1
Cnergyico PK / Jul 22 Cnergyico PK Limited(CNERGY)	43,601,065 ▲ 0.04
TPL Properties / Jul 22 TPL Properties Limited(TPLP)	17,964,251 ▲ 0.36
Pak Refinery / Jul 22 Pakistan Refinery Limited(PRL)	11,268,380 ▲ 0.91
B.O.Punjab / Jul 22 The Bank of Punjab(BOP)	9,668,110 ▲ 0.23
TPL Corp Ltd / Jul 22 TPL Corp Limited(TPL)	7,208,127 ▲ 0.34
F. Nat.Equities / Jul 22 First National Equities Limited(FNEL)	6,668,095 ▲ 0.02
K-Electric Ltd. / Jul 22 K-Electric Limited(KEL)	5,875,215 ▼ -0.12
WorldCall Telecom / Jul 22 Worldcall Telecom Limited(WTL)	5,121,562 ▲ 0
Dewan Farooque Sp. / Jul 22 Dewan Farooque Spinning Mills Limited(DFSM)	4,064,514 ▲ 0.45

usa oil

Most Popular