Brent oil price gets a negative signal – Analysis - 26-01-2023
Economies.com
2023-01-26 05:12AM UTC
Brent oil price continues to fluctuate within sideways track, settling around 86.00 level, noticing that stochastic begins to overlap negatively now, waiting to motivate the price to resume the expected bearish wave on the intraday basis, which its targets begin at 85.10 and extend to 83.70 after breaking the previous level.
Therefore, our bearish overview will remain valid unless breaching 86.90 and holding above it.
The expected trading range for today is between 84.30 support and 87.50 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Commodities
Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Commodities
Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...