Midday update for Crude oil 20-01-2020
Economies.com
2020-01-20 11:11AM UTC
Crude oil price resumes its negative trades to cover the bullish gap that appeared today and settles below 59.00, which supports the continuation of our bearish overview for the rest of the day, reminding you that we are waiting to visit 57.40 level as a next main target, while holding below 59.20 represents key condition to continue the expected decline.
The expected trading range for today is between 57.40 support and 60.00 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Commodities
Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Commodities
Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...