Commodities

Midday update for Brent oil 20-03-2019

2019-03-20 10:32:57 GMT (Economies.com)

Brent oil price shows sideways and tight trades since morning and settles above the EMA50, thus, no change to our bullish overview that depends on the price stability above 67.00, supported by stochastic positivity, noting that our next main target extends to reach 72.65.

 

The expected trading range for today is between 66.50 support and 69.50 resistance.

 

The expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.