Midday update for Brent oil 10-07-2020
Economies.com
2020-07-10 10:55AM UTC
Brent oil price shows more decline to approach 41.00 barrier, which supports the expectations of continuing the bearish trend on the intraday and short term basis, waiting to visit 40.00 as a first target, reminding you that breaking this level will extend the bearish wave to reach 37.86, while the expected decline will remain valid conditioned by the price stability below 42.60.
The expected trading range for today is between 40.00 support and 43.30 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Commodities
Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Commodities
Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...