Midday update for Crude Oil 17-02-2017
2017-02-17 11:25:14 GMT (Economies.com)
Midday update for Crude Oil 17-02-2017
 

Crude oil price shows negative trading now affected by the overbought signals that appear through stochastic, to move below the EMA50, while the price still inside the triangle that appears on chart, and as long as the price is above 52.00 level, our bullish overview will remain valid for the upcoming period, reminding you that breaching 53.85 level will ease the mission of heading towards our positive targets that reach to 55.27 followed by 56.50.

 

Expected trading range for today is between 52.00 support and 56.00 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1948
0.0026
0.2147%
1.3496
-0.0069
0.5087%
16.985
-0.620
3.522%
50.645
0.800
1.605%
56.80
0.37
0.66%
1296.845
-23.595
1.787%
 
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