End of day analysis for Crude oil 12-04-2019

Economies.com
2019-04-12 18:43PM UTC

Crude oil price found difficulty to surpass 64.90 level, to return to test the key support 63.70 again, which urges caution from the upcoming trading, as breaking this level followed by 63.10 will put the price under the negative pressure to visit 61.00 areas before any new attempt to rise, while breaching 64.90 represents the key to rally towards more gains and head to 67.00 that represents our next main positive target.

Commodities News

Oil 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 ...
Gold News

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 ...
Gold News

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

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...