Midday update for Brent oil 18-04-2019
Economies.com
2019-04-18 10:02AM UTC
Brent oil price tests the EMA50 and keeps its stability above it, accompanied by stochastic reach to the oversold areas, to support the chances of resuming the expected bullish trend on the intraday and short term basis, which targets 72.65 level as a first station, while its continuation conditions holding above 70.80.
The expected trading range for today is between 70.50 support and 73.50 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 23-04-2024
2024-04-23 11:07AM UTC
Brent oil price attempted to breach 87.67$ level but it returns to hold below it, to keep the ...
Commodities
Crude oil price forecast update 23-04-2024
2024-04-23 11:07AM UTC
Crude oil price provided new positive trades to reach 83.40$ areas, and bounced bearishly to ...
Commodities
Silver price forecast update 23-04-2024
2024-04-23 11:06AM UTC
Silver price shows new negative trades to attack 26.90$ and attempts to hold below it, to stop the ...