Midday update for Crude oil 16-04-2019
Economies.com
2019-04-16 09:46AM UTC
Crude oil price continues to fluctuate around 63.30 and moves below it now, to keep our bearish overview that depends on the completion of the double top pattern that appears on the chart, reminding you that our main waited target is located at 61.25, while breaching 63.75 represents the key to stop the current negative pressure and the price rally to resume the main bullish trend again.
The expected trading range for today is between 61.25 support and 64.50 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities
Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...