Update: Crude oil faces solid support
Economies.com
2021-01-22 17:37PM UTC
Crude oil price found solid support at 51.70, to rebound bullishly and approaches testing the key resistance 52.80, which urges caution from the upcoming trading, as breaching the mentioned resistance will push the price to regain the main bullish trend again, while breaking the support represents negative factor that will press on the price to achieve negative targets that start at 49.70.
Commodities News
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities
Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Commodities
Gold driven lower by dollar's strength
2024-05-07 19:25PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, amid ongoing uncertainty ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Commodities
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Commodities
Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...