Brent oil price records higher low – Analysis - 25-11-2022

Economies.com
2022-11-25 04:10AM UTC

Brent oil price shows positive trades to hint heading to recover in the upcoming sessions, as we suggest witnessing more bullish bias in the upcoming sessions, targeting testing 89.25 initially.

 

Therefore, the bullish trend will be expected for today, noting that breaking 84.20 followed by 83.57 levels will stop the suggested rise and press on the price to return to the main bearish track again.

 

The expected trading range for today is between 84.30 support and 88.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Gold 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 ...
Gold News

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 ...
Gold News

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

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...