Brent oil price begins positively – Analysis - 14-09-2021

Economies.com
2021-09-14 04:19AM UTC

Brent oil price resumes its positive trades to reach 74.00$ barrier, which supports the expectations of achieving more gains on the intraday and short term basis, noting that our next target is located at 74.70, which breaching it represents the key to extend the bullish wave to reach 75.60.

 

The EMA50 continues to support the expected bullish trend, which will remain valid conditioned by the price stability above 72.75.

 

The expected trading range for today is between 72.50 support and 75.30 resistance.

 

The expected trend for today: Bullish

Commodities News

Brent Oil 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 ...
Gold News

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 ...
Oil News

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

Coffee Analysis

Commodities

Coffee price collapses – Forecast today – 7-5-2024
2024-05-07 05:38AM UTC
Expected Scenarios and Trading Range Scenario 1: Strong Negative Pressure Coffee price fails ...
Natural gas Analysis

Commodities

Natural gas price needs to confirm the breach – Forecast today – 7-5-2024
2024-05-07 05:37AM UTC
Expected Scenarios and Trading Range Scenario 1: Attempted Breakout Natural gas price ...
Platinum Analysis

Commodities

Platinum price leans above the moving average – Forecast today – 7-5-2024
2024-05-07 05:31AM UTC
Expected Scenarios and Trading Range Scenario 1: Positive Stability Platinum price maintains ...