Midday update for Brent oil 30-11-2021
Economies.com
2021-11-30 11:24AM UTC
Brent oil price traded with strong negativity to break 72.70 level and confirm opening the way to rally towards the waited target at 69.60, waiting for more decline in the upcoming sessions, noting that breaking the targeted level will push the price to 67.45 as a next negative target, while holding below 72.70 represents the first condition to continue the bearish trend.
The expected trading range for today is between 69.50 support and 72.70 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Brent hits a two-week high after Iranian President's death, Saudi king's health deterioration
2024-05-20 15:19PM UTC
International benchmark Brent rose in American trade on Monday on track for the fourth profit in a ...
Commodities
Gold scales a fresh record high at $2450
2024-05-20 08:52AM UTC
Gold prices rose in European trade on Friday on track for the second profit in a row, hitting a ...
Commodities
Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 20-05-2024
2024-05-20 10:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price is facing temporary negative ...
Commodities
Crude oil price forecast update 20-05-2024
2024-05-20 10:41AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price is testing the key support ...
Commodities
Silver price forecast update 20-05-2024
2024-05-20 10:40AM UTC
Silver Price Analysis Expected Scenario Silver price shows some bearish bias now, ...