Midday update for Crude oil 16-04-2018
2018-04-16 10:05:23 GMT (Economies.com)
Midday update for Crude oil 16-04-2018
 

Crude oil price faces negative pressure to attack 66.30 level, which urges caution from the upcoming trading, as holding below this level will stop the recently suggested positive scenario and push the price to start bearish correction that targets 65.43 areas initially.

 

Until now, the bullish trend scenario will remain active conditioned by the price stability above 66.30, waiting to head towards our next main target at 70.00.

 

Expected trading range for today is between 65.45 support and 69.00 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2207
-0.0070
0.5726%
1.3938
-0.0064
0.4589%
16.682
-0.447
2.607%
68.920
0.790
1.159%
74.71
0.65
0.88%
1327.065
-9.020
0.675%
 
 
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