End of day analysis for Crude oil 11-08-2017
2017-08-11 18:30:15 GMT (Economies.com)
End of day analysis for Crude oil 11-08-2017
 

Crude oil price could not manage to hold for long time below 48.37 level, to rally bullishly and settles above it again, which stops the negative possibility mentioned in our last report and brings us back to neutrality, waiting to break the mentioned support or breaching 49.10 resistance to confirm the next destination clearly, noting that breaching this resistance will push the price to test 51.15 followed by 52.50 levels mainly, while breaking 48.37 will put the price under the negative pressure that its main target located at 46.80.

 
 
 
  Symbol Last Change Chg.%
1.1759
-0.0070
0.5880%
1.2872
-0.0123
0.9461%
17.024
-0.076
0.447%
48.705
-0.060
0.123%
52.83
1.80
3.53%
1285.890
-4.485
0.348%
 
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