Brent oil price approaches the target – Forecast today - 26-03-2024
Economies.com
2024-03-26 02:16AM UTC
Brent Oil Price Analysis
- Brent oil price provided clear positive trades, nearing the first awaited target at 87.40$.
- Despite current stochastic negativity, the price starts today with a bullish bias to resume the expected trend.
- Surpassing 87.40$ will push the price towards 88.40$ as the next positive station.
Support and Resistance Levels:
- Support: 85.60$
- Resistance: 88.60$
Trend Forecast: Bullish
Commodities News
Commodities
Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Commodities
Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Commodities
Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...
Commodities Technical Analysis
Commodities
End of day crude oil price forecast update - 10-05-2024
2024-05-10 17:33PM UTC
Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support ...
Commodities
Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Commodities
Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...