Brent oil price continues to fluctuate – Analysis - 25-04-2019

Economies.com
2019-04-25 04:20AM UTC

The tight range keeps dominating Brent oil price trading, which continues to fluctuate around 74.50 level, thus, no change to the bullish trend scenario that depends on the price stability above 72.65, organized inside the bullish channel that appears on the chart, waiting to head towards our main targets that start at 75.10 and extend to 79.50 after breaching the previous level.

 

The expected trading range for today is between 73.50 support and 76.50 resistance.

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Brent Oil Price Analysis Key Points: Brent oil price has resumed positive trading, finding ...
Oil Analysis

Commodities

Crude oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Crude Oil Price Analysis Key Points: Crude oil price is currently testing the key ...
Silver Analysis

Commodities

Silver price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Silver Price Analysis Key Points: Silver price is currently trading positively, influenced ...