Midday update for Crude oil 06-12-2021

2021-12-06 10:12:20 GMT (

Crude oil price shows some bullish bias now, affected by stochastic positivity, while we still neutral until we get clearer signal for the next trend, to continue monitoring the price behavior according to 67.40 level.


The contradiction between stochastic positivity and the EMA50 negativity provides another reason for neutrality. To review the details of the expected targets for the upcoming period, please check our morning report.


The expected trading range for today is between 65.50 support and 69.10 resistance.

The expected trend for today: Neutral

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.