Midday update for Brent oil 03-12-2020
Economies.com
2020-12-03 09:59AM UTC
Brent oil price keeps its stability above the breached resistance of the correctional bearish channel, to keep the bullish trend valid and active for today, supported by the EMA50 that carries the price from below, reminding you that the main waited targets begin at 49.00 and extend to 50.50, while holding above 47.90 represents key condition to achieve these targets.
The expected trading range for today is between 47.00 support and 50.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold moves in a positive zone ahead of US inflation data
2024-05-15 09:19AM UTC
Gold prices rose in European trade on Wednesday, extending gains for the second straight day and ...
Commodities
Gold climbs ahead of inflation data, Powell's speech
2024-05-14 08:35AM UTC
Gold prices rose in European trade on Tuesday, resuming gains after a short hiatus, as US 10-year ...
Commodities
Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price settles within a tight range ...
Commodities
Crude oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price fluctuates within a tight ...
Commodities
Silver price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Silver Price Analysis Expected Scenario Silver price continues to rise to achieve our ...