Midday update for Brent oil 09-04-2021

2021-04-09 10:05:43 GMT (Economies.com)
 

Brent oil price trades negatively since morning to start pressing on 62.95 level, waiting for more decline to visit 60.30 level as a next main target, noting that the EMA50 and stochastic provide negative signals that support the suggested decline, which will remain valid unless breaching 63.55 and holding above it.

 

The expected trading range for today is between 61.50 support and 64.50 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2055
0.0002
0.0191%
1.3887
-0.0007
0.0479%
Tadawul
10228.35
-26.53
0.26%
27.354
0.835
3.149%
64.834
0.924
1.446%
68.42
-0.54
0.78%
1814.595
25.010
1.397%
 
 
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