Moreover, the data brought back the concerns of supply glut to the center stage.However, prices saw another relief rally today on hopes that falling rig count in the US would help reduce excess supply to some extent. Prices now trade above the hourly 50-SMA located at USD 50.38 and are fast approaching the 50-DMA located at USD 51.1.WTI Crude Technical LevelsThe immediate resistance is seen at 51.1, above which gains could be extended to 52.53 levels.
Meanwhile, support is seen at 49.81 (5-DMA) and 49.52 levels. Expert Advisor Hosting RequestPlease provide the following information: (All Fields Required)Email:Please enter your email Please enter a valid email addressUsername:Please enter your user id Please enter a valid user id. Online SecuritySecure loginEnsuring metatrader 5 crude oil 50 security of your personal information is metatrader 5 crude oil 50 paramount importance to us. When you sign in to the trading platform, your User ID and password are secure.The moment you click Login, we encrypt your User ID and password using 128-bit Secure Sockets Layer (SSL) technology.Browser security indicatorsYou may notice when you are on our website that some familiar indicators do not appear in your browser to confirm the entire page is secure.