Brent oil price resumes the rise – Analysis - 15-09-2021

2021-09-15 04:15:46 GMT (Economies.com)
 

Brent oil price returns to rise after the decline that it witnessed in the previous sessions, to settle above 74.00 barrier again, reinforcing the expectations of continuing the main bullish trend, which its targets begin by testing 74.70 level, reminding you that breaching this level will push the price to 75.60 as a next station.

 

Holding above 72.75 represents key condition to continue the expected rise, as breaking it will press on the price to turn to decline.

 

The expected trading range for today is between 72.50 support and 75.60 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1604
-0.0007
0.0590%
1.3752
0.0013
0.0975%
Tadawul
11855.87
9.94
0.08%
24.380
1.066
4.572%
84.802
1.456
1.747%
86.21
0.66
0.77%
1800.915
31.175
1.762%
 
 
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