End of day analysis for Crude oil 11-02-2019

2019-02-11 19:30:22 GMT (

Crude oil price managed to touch our first waited target at 51.46 and bounced bullishly from there, to hint the strength and sensitivity of this level to determine the next destination, as breaking it will push the price towards 50.00 as a next station, while holding against the negative pressure might push the price to achieve gains that start at 53.50 followed by 54.40.

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.