Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Brent oil price keeps rising – Forecast today - 28-06-2024

Economies.com
2024-06-28 04:14 UTC

Brent oil price provides new positive trades now to move away from 86.00$ barrier, which supports the continuation of the expected bullish trend on the intraday and short-term basis, waiting to test 87.67$ as a next target, which breaching it represents the key to rally towards 89.50$ as a next main station.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that it is important to hold above 84.77$ to achieve the waited targets.

 

The expected trading range for today is between 85.20$ support and 88.20$ resistance.

 

Trend forecast: Bullish

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Crude oil price resumes the bullish trend – Forecast today - 28-06-2024

Economies.com
2024-06-28 04:14 UTC

Crude oil price continued to rise to confirm surpassing the sideways range’s resistance and resume the main bullish track, on its way to achieve positive targets that start by visiting 83.90$, noting that breaching it will push the price towards 84.90$ as a next positive target.

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Silver price within sideways track - Forecast today - 28-06-2024

Economies.com
2024-06-28 04:14 UTC

Silver price fluctuates within sideways range recently, showing new bullish bias now, and it might test the key resistance 29.30$ before turning back to decline again.

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Gold price gets new negative signal – Forecast today - 28-06-2024

Economies.com
2024-06-28 04:13 UTC

Gold price’s rise stopped at the EMA50 that forms good resistance against the price, noticing that stochastic lost its positive momentum and begins to overlap negatively now, waiting to motivate the price to resume the correctional bearish trend, which targets 2272.06$ as a next station.

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