Midday update for Brent oil 08-11-2019

2019-11-08 10:38:48 GMT (Economies.com)
 

Brent oil price managed to break 61.30 level and settles below it now, which supports the continuation of our bearish overview efficiently in the upcoming sessions, opening the way to visit 59.60 level that represents our next main target, reminding you that the continuation of the expected bearish trend depends on the price stability below 62.50.

 

The expected trading range for today is between 59.60 support and 62.50 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1053
0.0028
0.2585%
1.2901
0.0100
0.7835%
Tadawul
7924.19
-8.33
0.10%
16.950
0.147
0.878%
57.842
0.483
0.842%
63.36
1.07
1.72%
1466.925
8.645
0.593%
 
 
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