End of day analysis for Crude oil 11-01-2018
Economies.com
2018-01-11 19:28PM UTC
Crude oil price succeeded to achieve our first waited target at 64.15 and shows some bearish bias affected by the strength of the resistance lines of the bullish channels that appear on the chart, which might force the price to lean on 62.80 areas before turning back to rise again.
In general, the overall bullish trend will remain suggested conditioned by holding above 62.80, reminding you that our extended target reaches 66.75.
Commodities News
Commodities
Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...
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 Technical Analysis
Commodities
Wheat price achieves strong gains – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Wheat Price Analysis Wheat price rallied upwards strongly yesterday to breach 641.50$ and settle ...
Commodities
Soybean price surpasses the target – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Soybean Price Analysis Soybean price rallied upwards strongly to surpass our waited target at ...
Commodities
Corn price is recovering – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Corn Price Analysis Corn price bounced upwards strongly to breach 461.90$ level and approach ...