Commodities

End of day analysis for Crude oil 17-06-2021

2021-06-17 17:14:44 GMT (Economies.com)

Crude oil price declined strongly to break 71.25 level and opens the way to start correctional bearish wave in the upcoming sessions, noting that closing the daily candlestick below the mentioned level will push the price to 68.50 as a next correctional station, while breaching 71.50 will lead the price to attempt to regain the main bullish trend again.

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.